FTX collapse

Caroline Ellison Gets 2 Years in Prison for Role in FTX Collapse
Caroline Ellison Gets 2 Years in Prison for Role in FTX Collapse
September 24, 2024  |  Legal

Caroline Ellison, the former executive who played a role in the collapse of the FTX crypto exchange and later became the star witness in the...

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Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
September 15, 2024  |  Cryptocurrency

FTX co-founder Sam Bankman-Fried wants a new trial, arguing a federal judge hamstrung his defense. Attorneys for the disgraced cryptocurrency CEO contend that “everyone rushed...

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Bankman-Fried Agrees to Help FTX Investors Sue Celebrity Crypto Promoters
Bankman-Fried Agrees to Help FTX Investors Sue Celebrity Crypto Promoters
April 21, 2024  |  Cryptocurrency

A group of FTX investors has agreed to drop legal claims against Sam Bankman-Fried. In exchange, the disgraced former crypto exchange CEO will cooperate in the investors’...

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Bankman-Fried Prosecutors Call Off Second Trial
Bankman-Fried Prosecutors Call Off Second Trial
January 02, 2024  |  Legal

Disgraced cryptocurrency wunderkind Sam Bankman-Fried will not face another criminal trial. The FTX founder, already convicted on fraud and conspiracy charges connected to the collapse of his...

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FTX Suit Seeks $953 Million From Fellow Crypto Firm Bybit
FTX Suit Seeks $953 Million From Fellow Crypto Firm Bybit
November 12, 2023  |  Cryptocurrency

FTX’s quest to recover its lost assets is continuing with a lawsuit against Bybit. The suit, filed Friday (Nov. 10) in U.S. bankruptcy court, seeks to recoup around...

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Bankman-Fried Gets Last Chance to Plead His Case
Bankman-Fried Gets Last Chance to Plead His Case
October 31, 2023  |  Legal

Sam Bankman-Fried is set to wrap his testimony in his federal fraud trial Tuesday (Oct. 31). And as a report by CNBC notes, this will mark the FTX founder’s...

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Bankman-Fried: I Trusted FTX’s Lawyers to Guide Company
Bankman-Fried: I Trusted FTX’s Lawyers to Guide Company
October 26, 2023  |  Legal

FTX founder Sam Bankman-Fried says the company’s ex-attorneys were central to its collapse last year. That testimony came Thursday (Oct. 26) afternoon during Bankman-Fried’s criminal...

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FTX Trial: The Adults Are Tanking ‘Cool Kid’ Bankman-Fried’s Defense
FTX Trial: The Adults Are Tanking ‘Cool Kid’ Bankman-Fried’s Defense
October 20, 2023  |  Legal

It is the end of the third week of Sam Bankman-Fried’s multibillion-dollar criminal fraud trial. The trial itself is approaching halftime, with the prosecution expected...

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Ex-FTX Lawyer Testifies Company Falsely Promised Asset Protection
Ex-FTX Lawyer Testifies Company Falsely Promised Asset Protection
October 19, 2023  |  Legal

A former FTX lawyer testified that the company had falsely promised institutional customers, including hedge fund Sculptor Capital Management, that their assets would be safe in...

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