Tag: FTX
Former FTX CTO Gary Wang Won’t Have To Serve Prison Time, Judge Rules
Wang immediately met with prosecutors after FTX’s collapse, making him one of two key cooperating witnesses in Bankman Fried’s trial, alongside former [...]
FTX filed for bankruptcy 2 years ago — What’s happening now?
On Nov. 11, 2022, then-FTX CEO Sam Bankman-Fried resigned, handing the company’s reins over to John Ray, who immediately filed for Chapter 11 bankrupt [...]
Former Alameda Co-CEO Sam Trabucco Agrees to Forfeit $70M, Yacht, Apartments to FTX Creditors
Trabucco, who was part of Sam Bankman-Fried’s inner circle and became Caroline Ellison’s right hand at Alameda Research, the trading firm co-founded b [...]
FTX filed for bankruptcy 2 years ago — What’s happening now?
On Nov. 11, 2022, then-FTX CEO Sam Bankman-Fried resigned, handing the company’s reins over to John Ray, who immediately filed for Chapter 11 bankrupt [...]
Ex-Alameda exec Trabucco gives up yacht, apartments in FTX settlement
FTX, FTX Digital Markets and former Alameda Research co-CEO Sam Trabucco have reached a settlement agreement in the United States Bankruptcy Court for [...]
FTX Sues Binance, Former CEO CZ for $1.8B
The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer [...]
FTX bankruptcy estate files $1.8B lawsuit against Binance, CZ
The FTX bankruptcy estate is continuing its pursuit of lawsuits against cryptocurrency companies as part of its ongoing proceedings, with the latest f [...]
Humpy the Whale Cost Crypto Exchange FTX, Alameda Research $1 Billion in Losses, Lawsuit Alleges
According to the filing, in January 2021, Meerun began accumulating a position in BTMX, an illiquid token, eventually holding around half the supply, [...]
Former FTX CTO Gary Wang Asks Court for No Jail Time
“Unlike Singh, [Wang] did not engage in money laundering or participate in the straw donor scheme. Unlike Singh, [Wang] did not generate false revenue [...]
FTX’s Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse
Singh, 29, who pleaded guilty to six criminal counts including wire fraud and conspiracy in February, is the fourth FTX executive to be sentenced for [...]
FTX sues KuCoin over $50 million
Alameda Research, a part of the now-defunct cryptocurrency exchange FTX, has sued KuCoin to recover more than $50 million in locked assets. According [...]
Prosecutors Defend Nishad Singh Saying He Provided ‘Substantial Assistance’ in FTX Investigation
“Singh also brought to the Government’s attention criminal conduct that the Government was not aware of and, in some cases, may have never discovered [...]
Nishad Singh’s Lawyers Ask Judge to Spare Him Prison, Say He Is an 'Uncommonly Selfless Individual'
Lawyers say that his early cooperation was critical to bringing cases against Sam Bankman-Fried and Ryan Salame.
www.coindesk.com [...]
FTX’s Salame Hoped Dog Bite Would Delay Prison, But Tucker Carlson Derailed Effort
A defiant Salame, who had taken to social media to criticize his prosecution, was originally supposed to start serving more than seven years in prison [...]
Former Customer of Crypto Exchange FTX Sues Olympus Peak, Says It Reneged on Bankruptcy Payout Deal
In documents filed with the U.S. District Court Southern District Of New York, Alexander Nikolas Gierczyk says he agreed to sell a $1.59 million FTX b [...]