Bitcoin News / Bitcoinist - 1 year ago
The attorneys of Sam Bankman-Fried have announced their intention to call on a prominent financial expert to stand as a witness in the former FTX CEO’s ongoing case to provide more insight into the exchange’s financial database information.
Key Witn...
Cryptocoins News / Finance Magnates - 1 year ago
The Cyprus Securities and Exchange Commission
(CySEC) has extended the suspension of the authorization of FTX EU Ltd until
March 31, 2024. This decision is in response to the market instability caused
when FTX and several of its subsidiaries filed fo...
Cryptocoins News / Finance Magnates - 1 year ago
FTX's creditors are facing phishing attacks amidst
the ongoing legal turmoil surrounding the collapse of the cryptocurrency
exchange. These fraudulent emails promise expedited withdrawals for assets
locked following the exchange's insolvency. Accordi...
Bitcoin News / Bitcoinist - 1 year ago
The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), is fast approaching the verdict stage as the prosecution closed its case last week. Following this, Bankman-Fried and his lawyers are set to open their defense (...
Cryptocoins News / The Cointelegraph - 1 year ago
The market is warming to FTX claims, with one claim going for between 52 and 53 cents on the dollar at auction on Friday. The market for FTX creditor claims has been h...
Cryptocoins News / The Cointelegraph - 1 year ago
The market is warming to FTX claims, with one claim going for between 52 and 53 cents on the dollar at auction on Friday. The market for FTX creditor claims has been h...
Cryptocoins News / The Cointelegraph - 1 year ago
The market is warming to FTX claims, with one claim going for between 52 and 53 cents on the dollar at auction on Friday. The market for FTX creditor claims has been h...
Bitcoin News / Bitcoin.com - 1 year ago
FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told prosecuto...
Cryptocoins News / The Cointelegraph - 1 year ago
Nishad Singh testifies in Sam Bankman-Fried’s trial; New York sues Gemini, Genesis and Digital Currency Group; and Grayscale files for new spot Bitcoin ETF. Top Storie...
Cryptocoins News / The Cointelegraph - 1 year ago
FTX users have reported receiving deceptive emails purportedly sent by FTX Trading, West Realm Shires Services and FTX EU. FTX users are reportedly being targeted in a...
Cryptocoins News / The Cointelegraph - 1 year ago
According to former FTX general counsel Can Sun, Bankman-Fried “was not surprised at all” that billions of dollars were missing. Former FTX CEO Sam Bankman-Fried inst...
Bitcoin News / Bitcoinist - 1 year ago
The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), continued on October 19 with the witness testimony of Can Sun, a former General Counsel at FTX. During direct examination, Sun provided details that further impl...
Cryptocoins News / The Cointelegraph - 1 year ago
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. Cointelegraph reporters are on the ground in New York for the tri...
Bitcoin News / Bitcoinist - 1 year ago
FTX founder Sam Bankman-Fried (SBF) will have his details including tweets, memos, and images of his penthouse used as evidence against him in the Federal District Court in Manhattan.
FTX Founder’s Hidden Evidence Comes To Light
Founder and former C...
Bitcoin News / Bitcoinist - 1 year ago
The prosecution in Sam Bankman-Fried’s (SBF) case is expected to rest its case on October 27. Following this, the defense is meant to open its case. However, it remains uncertain whether or not SBF’s lawyers are going to put up a case. If they do, th...
Cryptocoins News / CoinJournal - 1 year ago
FTX is accused of using customer deposits to repurchase Binance stake.
An accounting professor hired by the US Department of Justice reveals over a billion dollars came from customer funds for the share buyback.
FTX’s proposed recovery plan of...
Bitcoin News / Bitcoin.com - 1 year ago
The now-defunct FTX crypto exchange announced a proposed settlement plan this week that aims to resolve disputes over customer assets lost when the company filed for bankruptcy in November 2022.
FTX Debtors Chart Path to Redress: 90% Asset Recovery...
Cryptocoins News / The Cointelegraph - 1 year ago
The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. Cointelegraph reporters are on the ground in New York for the tri...
Cryptocoins News / Finance Magnates - 1 year ago
Sam Bankman-Fried (SBF) is fighting to defend the
legitimacy of FTX's investments. His lawyer has argued that these investments
were not "reckless and frivolous," countering Nishad
Singh's portrayal of excessive spending on marketing and celebrity
en...
Cryptocoins News / Finance Magnates - 1 year ago
Few events in
the cryptocurrency and blockchain industries have prompted as much controversy
and speculation as the recent testimony on FTX's supposed breakdown. FTX,
previously regarded as a rising star among cryptocurrency exchanges, has
suffered a...
Bitcoin News / Bitcoinist - 1 year ago
The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), continued on October 17 with the cross-examination of FTX’s former Director of Engineering Nishad Singh. In continuation of what was said from the previous day,...
Cryptocoins News / The Cointelegraph - 1 year ago
Sam Bankman-Fried's defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16. Lawyers representing...
Cryptocoins News / The Cointelegraph - 1 year ago
Sam Bankman-Fried’s defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16. Lawyers representing...