Cryptocoins News / Finance Magnates - 1 year ago
Silicon Valley's Proof Group, a renowned investment
firm, is bidding to relaunch FTX, the crypto exchange that shook the industry
when it collapsed nearly a year ago. Proof Group is part of the Fahrenheit Consortium, which successfully bid to acquire...
Cryptocoins News / Finance Magnates - 1 year ago
FTX,
the beleaguered cryptocurrency exchange currently navigating bankruptcy
proceedings, has petitioned the Delaware bankruptcy court to authorize the sale
of crucial trust assets worth approximately $744 million. These assets,
originating from cryp...
Cryptocoins News / The Cointelegraph - 1 year ago
The $744 million trust asset sale request comes after the judge approved the phased-out sale of nearly $3.4 billion in crypto assets a couple of months ago. Bankrupt...
Cryptocoins News / The Cointelegraph - 1 year ago
The $744 million trust asset sale request comes after the judge approved the phased-out sale of nearly $3.4 billion in crypto assets in September. Bankrupt crypto exch...
Cryptocoins News / CoinJournal - 1 year ago
FTX seeks to sell $744 million in Grayscale and Bitwise assets amid its bankruptcy proceedings.
The asset sale aims to prepare for creditor payouts and minimize price volatility risks.
FTX founder Sam Bankman-Fried was recently found guilty of all t...
Bitcoin News / Bitcoinist - 1 year ago
An Ethereum insider has made allegations against Ethereum’s founders, claiming that their fraudulent activities far surpass those seen in the notorious FTX fraud case.
Ethereum’s Credibility Under Spotlight
Attorney and former Advisor for ETH, Steve...
Bitcoin News / Bitcoin.com - 1 year ago
Reports indicate that the U.S. Federal Bureau of Investigation (FBI) has received data on FTX clients from the advisors of the now-insolvent firm. These consultants have complied with a minimum of five inquiries issued by the bureau’s local off...
More / Bitcoin Reddit - 1 year ago
https://www.youtube.com/watch?v=3QpdU9LS540&pp=ygUVcnVpbiBibG9vbWJlcmcgb3JpbmFs just watched it... it was good submitted by /u/KongThe [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, it has come to light that advisers of bankrupt crypto exchange FTX have provided federal law enforcement agencies across the United States with customer account information and transaction records.
Court records reveal that...
Cryptocoins News / The Cointelegraph - 1 year ago
FTX advisers have complied with subpoenas from multiple FBI field offices in recent months, providing law enforcement with records of some customers’ trades. Advisers...
Cryptocoins News / The Cointelegraph - 1 year ago
The recent surge in FTX claims is attributed to its early investment in AI companies, which have jumped in valuation. The current claim pricing of FTX has reached a ma...
Bitcoin News / Bitcoinist - 1 year ago
The jury in the trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), gave its verdict on November 2 in what signals the beginning of the end for the one-time billionaire who faces a long prison term following his convi...
Cryptocoins News / The Cointelegraph - 1 year ago
Solana co-founder Anatoly Yakovenko reflects on the fallout of FTX’s failure and its initial impact on Solana ecosystem builders. The infamous collapse of FTX sent sho...
Cryptocoins News / The Cointelegraph - 1 year ago
Solana co-founder Anatoly Yakovenko reflects on the fallout of FTX’s failure and its initial impact on Solana ecosystem builders. The infamous collapse of FTX sent sho...
Cryptocoins News / Finance Magnates - 1 year ago
After a five-week trial, a New York jury found FTX's Founder and former CEO, Sam Bankman-Fried, guilty of all seven counts of fraud, conspiracy, and money laundering. The sentencing for this crime is yet to be scheduled, tentatively set for March 28...
Bitcoin News / Bitcoin.com - 1 year ago
Sam Bankman-Fried, the disgraced former CEO of FTX, has been convicted on all seven charges, including wire fraud, securities fraud, commodities fraud, and money laundering. The jury reached a verdict at around 7:45 p.m. (ET) on Thursday evening acco...
Cryptocoins News / The Cointelegraph - 1 year ago
U.S. Attorney Damian Williams called Bankman-Fried’s crimes “a multibillion-dollar scheme designed to make him the king of crypto” and one of the biggest financial frauds in American hist...