Tag: FTX

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FTX Exec’s wife Scheduled for November Trial on Campaign Finance Charges

Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who is serving a 7.5-year prison sentence after reaching a plea agreement...

Bitcoin (BTC), Ether (ETH) suffer worst weekly drop since FTX crash

Crypto investors endured one of their toughest week in years as a wave of selling wiped out hundreds of billions of dollars from digital...

Bitcoin Price Plunges Below ‘Fire Sale’ Territory As Fear Index Reads 12 — Echoing The FTX Crash

Bitcoin price dropped to levels on Thursday that placed it below the “Fire Sale!” band on the Bitcoin Rainbow Chart — a...

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...