Sam Bankman-Fried, the former FTX CEO who was convicted of fraud, has had his prison sentence reduced significantly. His original 25-year sentence will now end in December 2044 […]
Could Sam Bankman-Fried Get Out of Prison Early? Here’s How It Could Happen
Sam Bankman-Fried, the former FTX CEO who was convicted of orchestrating a massive $11 billion cryptocurrency fraud, is facing a life sentence. However, legal maneuvering could potentially see […]
Sam Bankman-Fried Sentenced to 25 Years for Orchestrating FTX Fraud
Sam Bankman-Fried, former CEO of collapsed crypto exchange FTX, has been sentenced to 25 years in prison for orchestrating a major fraud scheme. His conviction signals the escalating […]
Early Release for Sam Bankman-Fried Raises Questions About Accountability in Cryptocurrency
Sam Bankman-Fried, former head of the collapsed cryptocurrency exchange FTX, could be released from prison four years sooner than initially anticipated. This early release is attributed to his […]
Sam Bankman-Fried’s Prison Sentence: Parole Update and Market Impact
FTX founder Sam Bankman-Fried was sentenced to 25 years in prison for his role in the collapse of FTX, resulting in an estimated $8–11 billion loss. His parole […]
Will FTX Rebound Drive Bitcoin Prices Higher?
Bitcoin’s price could experience a surge, according to economist and trader Alex Krüger, who predicts a potential jump to $120,000 by June. This optimistic outlook is driven by […]
Kraken and Bitgo Confirm Second FTX Repayment Plan for Creditors
Cryptocurrency distribution agents Kraken and Bitgo have confirmed the upcoming second disbursement of funds to FTX creditors. Both firms informed their customers via email that payouts will begin […]
Binance Disputes $1.76 Billion FTX Lawsuit, Accusing SBF of Internal Fraud
Binance has filed a motion to dismiss the $1.76 billion lawsuit brought by the FTX bankruptcy estate. Binance claims the lawsuit is baseless and points to internal fraud […]
Binance Seeks Dismissal of FTX Lawsuit, Challenging its Insolvency Claims
Binance has filed a motion to dismiss FTX’s $1.76 billion lawsuit in the Delaware Bankruptcy Court, highlighting ongoing legal and financial scrutiny surrounding the cryptocurrency exchange’s collapse. The […]
FTX Payouts Begin: Small Claims to Receive Funds on May 30
Good news for FTX creditors! The long-awaited payout of funds to small claims holders will begin on May 30. This marks a significant step towards recovery from the […]
Binance Sues to Dismiss FTX Lawsuit, Seeking Out-of-Court Settlement
Binance has taken legal action to dismiss a $1.76 billion lawsuit filed by the FTX Recovery Trust, representing the estate of the collapsed cryptocurrency exchange. The move comes […]
FTX Commences $5 Billion Creditor Repayment: Second Major Distribution Approaching
FTX is set to distribute over $5 billion in the second major creditor repayment from its bankruptcy fund, starting May 30, 2025. The plan involves releasing funds directly […]
Binance Seeks Dismissal of FTX Lawsuit Seeking $1.76 Billion in Cryptocurrency Clawback
In a Delaware bankruptcy court, Binance has filed a motion to dismiss FTX’s lawsuit seeking a $1.76 billion clawback over the 2021 stock buyback between the two companies. […]
Binance Challenges FTX Lawsuit for Dismissal of $1.76B Refund Demand
Binance has filed a motion to dismiss the $1.76 billion lawsuit against it by FTX, claiming the case lacks legal merit and that FTX’s collapse is not attributable […]
Binance Challenges FTX’s $1.76 Billion Lawsuit, Claims Fraud at the Root of Collapse
Binance has filed a motion to dismiss FTX’s $1.76 billion lawsuit alleging they are responsible for FTX’s collapse. Binance claims that the lawsuit lacks a legal and factual […]