by COINS NEWS - 2 weeks ago
November 9th, 2022 — After evaluating FTX's balance sheets, Binance backed out of the deal citing the mishandling of funds of FTX and Almeda with a glaring $8B-$10B hole in the balance sheet! November 10th, 2022 — FTX officially announced t...
by COINS NEWS - 2 weeks ago
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by COINS NEWS - 2 weeks ago
"In one of his first public statements since rumors and concerns about FTX’s insolvency flooded the crypto market, CEO Sam Bankman-Fried, or SBF, has said “I’m sorry.” In a Nov. 10 Twitter thread, SBF admitted to investors he “should have...
by COINS NEWS - 2 weeks ago
submitted by /u/partymsl [link] [comments]
Bitcoin News / Bitcoinist - 2 weeks ago
Caroline Ellison, the former CEO of Alameda Research and key witness in the prosecution of FTX founder Sam Bankman-Fried, reported to a low-security federal prison in Connecticut on Thursday to begin her two-year prison sentence. This development fo...
Bitcoin News / Bitcoinist - 2 weeks ago
Gary Wang, FTX’s co-founder, has asked through his legal team for a non-custodial sentence in a memo filed last November 6th in connection with the United States v. Sam Bankman-Fried. The computer programmer argued that he should not serve jail time...
Cryptocoins News / Finance Magnates - 2 weeks ago
Caroline Ellison, the former CEO of Alameda Research and a key figure in the FTX fraud case, reported to a low-security federal prison in Connecticut to begin serving her two-year sentence. Ellison's cooperation with prosecutors led to the conviction...
Bitcoin News / Bitcoin.com - 2 weeks ago
Caroline Ellison, former chief executive of Alameda Research and a pivotal witness in the case against FTX founder Sam Bankman-Fried, has reported to a low-security federal prison in Connecticut following her two-year sentence, according to a CNBC re...
More / Bitcoin Reddit - 2 weeks ago
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by COINS NEWS - 2 weeks ago
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by COINS NEWS - 3 weeks ago
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Cryptocoins News / Finance Magnates - 3 weeks ago
The cooperation of Nishad Singh, the former chief engineer at the now-collapsed FTX, with the authorities was advantageous, as he was sentenced to time served along with three years of supervised release yesterday (Wednesday). He has also been ordere...
Cryptocoins News / CoinJournal - 3 weeks ago
Nishad Singh has been sentenced to time served and three years of supervised release The judge noted Singh’s limited involvement compared to other FTX executives Singh cooperated with prosecutors, aiding investigations into FTX’s collaps...
Cryptocoins News / Finance Magnates - 3 weeks ago
Alameda Research, a subsidiary of the collapsed crypto exchange FTX, has initiated legal action against KuCoin to reclaim over $50 million in assets. The lawsuit was filed yesterday (Monday) in the US Bankruptcy Court for the District of Delaware.Ala...
by COINS NEWS - 3 weeks ago
submitted by /u/Every_Hunt_160 [link] [comments]
Bitcoin News / Bitcoinist - 3 weeks ago
In an ongoing effort to recover assets to repay creditors affected by its collapse in 2022, defunct crypto exchange FTX, once run by 25-year convict Sam Bankman-Fried, has reached an agreement with UAE-based crypto platform Bybit, allowing it to with...
by COINS NEWS - 3 weeks ago
submitted by /u/partymsl [link] [comments]
by COINS NEWS - 3 weeks ago
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by COINS NEWS - 4 weeks ago
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Bitcoin News / Google News Bitcoin - 1 month ago
Is Microstrategy’s Bitcoin Leverage a Bigger Threat Than FTX? Vinny Lingham Suggests It’s Possible& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 1 month ago
Earlier this week, the well-known entrepreneur and investor Vinny Lingham, originally from South Africa but now based in the U.S., sparked a conversation on X by sharing his thoughts about Microstrategy. This company holds an enormous amount of bitco...
Cryptocoins News / CoinJournal - 1 month ago
Nishad Singh’s lawyers claim he is an “uncommonly selfless individual” They believe he should receive a lighter sentence because of his limited role in FTX’s collapse The former head of engineering at FTX has asked a judge t...
Cryptocoins News / CoinJournal - 1 month ago
Nishad Singh’s lawyers claim he is an “uncommonly selfless individual” They believe he should receive a lighter sentence because of his limited role in FTX’s collapse The former head of engineering at FTX has asked a judge t...
by COINS NEWS - 1 month ago
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by COINS NEWS - 1 month ago
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