Lawyers for Caroline Ellison say the former Alameda Research CEO shouldn't go to prison for her role in the implosion of Sam Bankman-Fried's crypto empire. Ellison was the star witness for the ...
The former Chief Technology Officer (CTO) of FTX, Gary Wang, has recently been given a chance to avoid a prison sentence by US District Judge Lewis Kaplan after a recent hearing in Manhattan. Wang is ...
Editor’s Note (November 14, 2024): Since the publication of this article, FTX has intensified its efforts to recover assets through clawback litigation, with filings beginning in early November 2024, ...
FTX creditor repayments being facilitated a little over 2 years after FTX’s shock collapse is a “win” given all the jurisdictional issues that were involved, an industry pundit said. A crypto trader ...
Caroline Ellison, the former CEO of FTX affiliate Alameda Research, was sentenced to two years in prison on Tuesday. Though he is currently in prison, Bankman-Fried has continued to appeal his ...
FTX will begin distributing funds to creditors on September 30, after getting court approval to release $1.9 billion in previously held reserves. This update came from FTX Trading Ltd. and the FTX ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Sam Bankman-Fried was once called the “crypto king.” But in November 2022, his ...
FTX’s $1.2 billion repayment is seen as a significant liquidity event for the industry that may bolster cryptocurrency valuations. Cryptocurrency investor optimism is palpable ahead of US ...
The cryptocurrency ecosystem has marked a pivotal moment as FTX, once a major crypto exchange, began its creditor distribution process. Sunil, an advocate for FTX creditors known on X as @sunil_trades ...
The cryptocurrency belonging to the defunct cryptocurrency exchange FTX FTT/USD dramatically jumped on Sunday, dwarfing the gains made by the rest of the market. What happened: FTT exploded more than ...