FTX CEO Sam Bankman-Fried filed a 102-page appeal requesting a new trial, claiming the judge overseeing his fraud and conspiracy case showed bias that compromised his defense. The appeal contends…
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FTX’s affiliated wallet has redeemed 177,693 Solana (SOL) tokens worth $23.4 million, raising concerns about a potential sell-off that could affect SOL’s price. The SOL price is currently stabilizing around…
FTX and its affiliate Alameda Research have liquidated a significant portion of their cryptocurrency assets, totaling $98 million in April. FTX creditors are expressing discontent with the proposed plan while…
The settlement requires Bankman-Fried’s cooperation, including providing extensive information about FTX-related entities and his investments in Anthropic. The ongoing civil lawsuit in the Southern District of Florida involves multiple FTX…
FTX cryptocurrency exchange won’t reopen due to a lack of buyer interest, but they plan to fully repay affected customers by November 2022. FTX’s bankruptcy lawyers have recovered over $7…
Judge Kaplan weighs jury instructions in Sam Bankman-Fried’s trial, with defense and prosecution differing on how to guide jurors. Former FTX counsel reveals Bankman-Fried’s request for “legal justifications” amid missing…
Cryptocurrency exchange FTX sues founder’s parents for allegedly taking millions improperly. The lawsuit claims insiders exploited FTX, ignored financial issues, and violated campaign finance laws. In a major legal development…
A recent legal action accuses renowned firm Fenwick & West in Silicon Valley of aiding fraudulent actions by FTX exchange and its founder, Sam Bankman-Fried. The lawsuit cites $10B mishandling. …
Charting a restructuring path for FTX has proven to be a long and complex process, even though John J. Ray, an ex-Enron liquidator, is in charge of the process. The…