News about FTX

News about Ftx

‘Cowardly Path’ Leads to Redemption: Former FTX Exec Gary Wang Skates on Prison Sentence

Inner City Press reports that the former FTX executive Gary Wang, who admitted to creating the code enabling Sam Bankman-Fried to misappropriate $8 billion from the now-bankrupt cryptocurrency exchange, has avoided prison. Crypto Whistleblower or Acc...

Crypto Executive Avoids Prison, FTX Seeks $1.8 Billion in Binance Lawsuit

Gary Wang, the former cryptocurrency executive who created the software that enabled FTX founder Sam Bankman-Fried to misappropriate around $8 billion from customers, was sentenced to no prison time by US District Judge Lewis Kaplan. Meanwhile, the F...

FTX co-founder Gary Wang avoids prison time in crypto fraud case

Gary Wang is now the fifth former executive of collapsed crypto exchange FTX to be sentenced for their role in the company’s implosion. Wang received a sentence of time served and three years of supervised release and will forfeit $11 billion....

Former FTX CTO Gary Wang avoids prison time for role in crypto fraud

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Bitcoin at $93k, Musk's DOGE, FTX vs. Binance | Weekly Recap - crypto.news

Bitcoin at $93k, Musk's DOGE, FTX vs. Binance | Weekly Recap& & crypto.news

FTX Targets Binance and CZ With $1.8 Billion Clawback

Crypto mogul Changpeng Zhao—notoriously known as “CZ”—may be out of prison, but he’s not out of hot water yet. The bankruptcy estate of former-leviathan FTX has filed suit against Binance and its ex-CEO, CZ,...

The media were all over FTX losing $8 Billion. Not much mention of the crypto market up $2 Trillion+ since.

At the time of the FTX collapse reports were around $8.9b of customers funds had gone missing. The demise of FTX was covered literally everywhere, making headlines around the world. All the outlets that you never see any coverage on crypto on were ou...

DOJ to Seize $16M in FTX Bribes, Mostly in Solana

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Coinbase’s cbBTC Launches on Solana DeFi, Targeting Bitcoin Gap Left by FTX

Nearly two years after FTX's collapse impacted Solana's decentralized finance (DeFi) sector, Coinbase is attempting to reintroduce bitcoin-based trading to the Solana blockchain with its new token, cbBTC. Launched recently, cbBTC is a bitcoin-backed...

Sam Bankman-Fried Movie in the Works Based on Michael Lewis’s FTX Book

Apple and A24 are in the early stages of developing a film adaptation of Michael Lewis’s book “Going Infinite: The Rise and Fall of a New Tycoon,” with Lena Dunham attached to write the script, Variety has reported. The film will co...

FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer

In 2019, Binance acquired a 20% stake in collapsed FTX in a deal with Sam Bankman-Fried In 2021, Binance and FTX agreed to a deal that saw FTX buying back the stake, amounting to $1.76bn in FTT, BNB, and BUSD The transfer was done by Alameda Researc...

FTX Files $1.8 Billion Lawsuit Against Binance And Former CEO Changpeng Zhao

The estate of bankrupt crypto exchange FTX filed a lawsuit against Binance and its former CEO, Changpeng Zhao, for alleged fraudulent transfers and starting a campaign to “destroy” its competitor. The $1.8 billion legal action follows another 23 laws...

Sam Trabucco Cuts Deal With FTX Debtors, Giving Up Apartments and Yacht - Decrypt

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FTX filed for bankruptcy 2 years ago — What’s happening now?

The exchange’s creditors haven’t been made whole yet despite a judge approving a plan and sentencing for former executives is nearing an end....

FTX Wants $1.8 Billion From Binance and Changpeng Zhao

A new lawsuit by the FTX estate claims Binance and its former CEO were parties to an allegedly fraudulent share repurchase transaction. FTX is Going After Its Former Investors FTX wants its money back. According to court documents released by FTX est...

Ex-Alameda exec Trabucco gives up yacht, apartments in FTX settlement

Sam Trabucco left Alameda Research months before the FTX collapse and kept a low profile. Former Alameda Research co-CEO Sam T...

FTX sues Binance and CZ for ‘fraudulent tweets’ and $1.8B clawback

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FTX Sues Binance Founder Changpeng Zhao in Bid to Recover $1.8 Billion

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FTX Sues Binance and CZ for $1.8 Billion in Stock Buyback Dispute

The FTX bankruptcy estate continues to pursue litigation against cryptocurrency firms amid its bankruptcy proceedings. In a new lawsuit, a group of companies involved in the FTX case filed a complaint against Binance, seeking to recover $1.8 billion....

FTX bankruptcy estate files $1.8B lawsuit against Binance, CZ

The FTX estate argued that Sam Bankman-Fried’s $1.75 billion repurchase deal with Binance in July 2021 was a fraudulent transfer because of FTX’s...

Here's how Bitcoin reserves have changed since FTX collapse - crypto.news

Here's how Bitcoin reserves have changed since FTX collapse& & crypto.news

FTX Sues To Recoup ‘Investments’ From Scaramucci’s SkyBridge

The management of bankrupt crypto exchange FTX has launched a lawsuit against American financier Anthony Scaramucci and his hedge fund company SkyBridge Capital to recoup funds invested by the exchange’s former CEO Sam Bankman-Fried (SBF). This legal...

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