Tag: FTX

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Former FTX Legal Advisor Fenwick & West Settles Lawsuit for $54M

Fenwick & West LLP, the principal law firm that advised former cryptocurrency exchange FTX, agreed on Friday to pay $54 million to settle a...

FTX Victims Sue Law Firm Fenwick & West For $525M Over Alleged Role In Collapse

A group of 20 victims from five countries or jurisdictions has filed a $525 million lawsuit against Fenwick & West LLP, one of Silicon...

Bankman-Fried’s FTX sold its Cursor stake for $200,000 in 2023. It would be worth $3 billion today

A 5% stake in AI coding startup Cursor that FTX's bankruptcy estate sold for $200,000 in April 2023 would be worth about $3 billion...

Caroline Ellison made a ‘fatal mistake’ that triggered the total collapse of FTX, Zhao says

Binance founder Changpeng Zhao (CZ) says Sam Bankman-Fried asked him for "a couple of billion dollars nonchalantly, as if he were asking for a...

Former FTX Engineer Nishad Singh Fined $3.7M in CFTC Fraud Case

Nishad Singh, the former head of engineering at FTX, will pay $3.7 million to resolve his case with the US commodities regulator over his...

Bankrupt exchange FTX set to repay $2.2 billion to creditors this month

FTX Recovery Trust announced Wednesday it will distribute roughly $2.2 billion to creditors on March 31 as part of its ongoing bankruptcy recovery process,...

Solana’s OG builders say the next chapter is bigger than memecoins — and bigger than FTX

A few years after the collapse of FTX nearly took it down by association, Solana’s core builders say the network’s next phase will be...

SBF Claims Biden Targeted Him, Demands New FTX Trial

Sam Bankman-Fried, the imprisoned former CEO of FTX, reportedly filed a motion for a new trial in the Southern District of New...

Bitcoin spirals toward $60,000, headed for worst drawdown since FTX crash

Bitcoin BTC$71,091.27 tumbled to $63,000 during early afternoon U.S. hours as this week's crypto selloff accelerated into a bloodbath on Thursday.The largest cryptocurrency fell...

BTC to silver ratio nears levels last seen during the FTX capitulation

In every historic bull market across all asset classes, there is a persistent temptation to call the top. Investors often look for validation by...

Caroline Ellison, former Alameda and FTX executive, released after 14 months

The former Alameda Research chief and key witness against Sam Bankman-Fried has exited federal custody but remains subject to long-term bans, injunctions, and supervision...