Bitcoin News / Bitcoin.com - 1 year ago
According to Google Trends statistics, Sam Bankman-Fried’s search popularity surged just before his trial, maintaining an upward trend. Yet, it hasn’t matched the peak seen during FTX’s November 2022 collapse and his arrest that fol...
Bitcoin News / Bitcoinist - 1 year ago
After thorough investigations, reports have revealed a significant amount of funds missing from FTX customer assets. Following this, FTX Trading Ltd and its associated list of debtors have come together to propose a settlement that would see the majo...
Cryptocoins News / Finance Magnates - 1 year ago
The current volatility in the bitcoin market has many investors and industry experts questioning the interconnection of big players. Among the most pressing concerns is the fate of FTX, a popular bitcoin exchange site in recent years. While the reaso...
Bitcoin News / Bitcoinist - 1 year ago
FTX’s Director of Engineering Nishad Singh was the latest member of the ‘inner circle’ to testify in the trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), which continued on October 16. Like other close associates,...
Cryptocoins News / Blockchain - 1 year ago
FTX has announced a proposed settlement in their Chapter 11 cases, pending court approval. The settlement includes a "Shortfall Claim" for customers and an amended Plan of Reorganization. The Official Committee of Unsecured Creditors supports the pla...
Cryptocoins News / The Cointelegraph - 1 year ago
A proposed settlement could see creditors receive a shortfall claim of $8.9 billion for FTX.com and $166 million for FTX.US. The customers of bankrupt crypto exchanges...
Bitcoin News / Bitcoin.com - 1 year ago
Nishad Singh, former director of engineering at FTX, testified this week against his former boss Sam Bankman-Fried, detailing a software bug that hid billions in missing funds and excessive spending on celebrities and real estate. Singh Points Finge...
Cryptocoins News / The Cointelegraph - 1 year ago
Nishad Singh’s testimony was seemingly part of the prosecutors’ strategy to establish Sam Bankman-Fried as being behind Alameda Research using FTX user funds. Nishad S...
Cryptocoins News / Finance Magnates - 1 year ago
The bankrupt cryptocurrency exchange, FTX has staked crypto assets worth $150 million in Solana's SOL and Ethereum (ETH). Blockchain addresses connected to the crypto exchange show that over 5.5 million SOL, valued at $122 million, and over 24,000 ET...
Bitcoin News / Google News Bitcoin - 1 year ago
Security firms track FTX exploiter through Bitcoin mixer& & Blockworks
Bitcoin News / Bitcoinist - 1 year ago
Former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), and his lawyers have once again made certain requests of the judge as SBF’s trial heads into its third week. This time, one of their requests raises the possibility of Sam Bankma...
More / Bitcoin Reddit - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
According to Bloomberg, the media firm plans to release an eye-opening documentary on Sam Bankman-Fried and the shocking downfall of his once-prominent exchange FTX. The film, “Ruin: Money, Ego and Deception at FTX,” is slated for an October 26 debut...
Cryptocoins News / The Cointelegraph - 1 year ago
Caroline Ellison testifies in Sam Bankman-Fried trial, reveals more on FTX-Binance war; SEC reportedly has no plans to appeal on Grayscale Bitcoin ETF case. Top Storie...
Cryptocoins News / The Cointelegraph - 1 year ago
The coins staked are worth $122 million and represent a small fraction of FTX’s holdings of Solana. The FTX estate seems bullish on Solana (SOL), as it staked over 5.5...
Bitcoin News / Bitcoin.com - 1 year ago
Blockfi CEO Zac Prince testified Friday that the downfall of FTX contributed to his company’s bankruptcy. Prince appeared as a government witness in the fraud trial of former FTX boss Sam Bankman-Fried (SBF). Blockfi’s Prince: Loans Would...
Bitcoin News / Bitcoin.com - 1 year ago
Blockchain records have shed light on a development involving the trustees of the now-defunct exchange FTX, who are overseeing its bankruptcy proceedings. They have committed 5.5 million solana (SOL) for staking. Meanwhile, the current market value o...
Cryptocoins News / CoinJournal - 1 year ago
FTX Estate stakes $122 million worth of Solana (SOL) tokens. The FTX Estate has strategically delegated 5.5 million SOL with a Solana network validator. The move alleviates concerns about the estate’s potential liquidation of SOL holdings. In...
Cryptocoins News / The Cointelegraph - 1 year ago
Former Alameda CEO Caroline Ellison recognized she wasn't doing a good job months before the company filed for bankruptcy, but Sam Bankman-Fried persuaded her to stay....
Cryptocoins News / The Cointelegraph - 1 year ago
Former Alameda CEO Caroline Ellison recognized she wasn’t doing a good job months before the company filed for bankruptcy, but Sam Bankman-Fried persuaded her to stay....
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
In a shocking revelation, blockchain intelligence firm Elliptic has provided an in-depth analysis of the infamous FTX theft, shedding light on the complex web of events surrounding the hack, subsequent money laundering, and the ongoing quest to uncov...
Cryptocoins News / The Cointelegraph - 1 year ago
Lawyers petitioned the court to allow them to question witnesses for the prosecution based on FTX’s terms of service, as well as preclude testimony from “lay fact witnesses.”...
Cryptocoins News / The Cointelegraph - 1 year ago
According to blockchain analytics firm Elliptic, the anonymous FTX exploiter has used THORSwap to convert ETH to BTC, which is traceable on-chain. Decentralized exchan...
Cryptocoins News / Blockchain - 1 year ago
The FTX hack in November 2022 saw $477 million vanish, with the elusive thief later laundering assets through decentralized exchanges and cross-chain bridges like RenBridge and THORSwap. As the trial of FTX's CEO Sam Bankman-Fried commences, the thie...
