FTX

March 20, 2024

SBF says proposed 50-year sentence casts him as ‘depraved super-villain’

Lawyers representing former FTX CEO Sam “SBF” Bankman-Fried contest the proposed maximum sentence of 50 years in prison, arguing that it reflects a “medieval” view of […]
March 07, 2024

FTX, Alameda reaches ‘in principle’ settlement with BlockFi, paying $874M

Bankrupt crypto firms BlockFi and FTX have reached an “in principle” agreement to settle their disputes, with FTX agreeing to pay up to $874.5 million to […]
March 04, 2024

FTX claim window prices Bitcoin, Ethereum, others below market rates

FTX has initiated a claim window, allowing users to file claims for major crypto assets such as Bitcoin, Ether, Solana, and BNB. However, the pricing set […]
March 02, 2024

FTX issues warning on authorized bids and asset sales

FTX, the bankrupt exchange, has issued a cautionary notice regarding its sole authorized investment manager, Galaxy Asset Management. In a post on X dated March 1, […]
February 28, 2024

FTX founder SBF asks for a 6.5-year sentence, tells prison guards to invest in Solana

Former FTX CEO Sam Bankman-Fried, known as “SBF,” is awaiting sentencing following his conviction on multiple counts of fraud and money laundering. In a memo filed […]
February 20, 2024

SBF trades clean-shaven look for scruffy beard in newly surfaced prison photo

A newly surfaced photo purportedly taken at New York’s Metropolitan Detention Centre reveals a transformed Sam Bankman-Fried, former billionaire and FTX CEO, sporting a beard and […]
February 12, 2024

FTX plans sale of Digital Custody for $500K in bankruptcy move

The FTX debtors estate, led by CEO John Ray III, has initiated the process of selling Digital Custody to CoinList at a significant markdown of $500,000, […]
February 06, 2024

FTX, Alameda wallets move $38M to exchanges in 37 days

Crypto wallets associated with the now-defunct FTX exchange and its sister company, Alameda Research, have moved over $38.8 million in digital assets to multiple cryptocurrency exchanges […]
February 03, 2024

FTX petitions court to sell off $175M claim against DCG’s Genesis

FTX, the cryptocurrency exchange that declared bankruptcy in November 2022, has taken a significant step in its ongoing bankruptcy proceedings by filing a motion in a […]

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