Lawyers for bankrupt crypto exchange FTX filed a list of creditors in the United States Bankruptcy Court in Delaware on Wednesday that lists companies and organizations without naming individuals. As it turns out, FTX is indebted to a variety of top...
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Cryptocurrency exchange FTX, which filed for bankruptcy last November, not only used customer funds for shady transactions and buying expensive real estate for employees, but also spent them liberally to pay for employees’ lodging in expensive...
Sam Bankman-Fried, the former head of bankrupt cryptocurrency exchange FTX charged with eight counts of wire fraud and illegal campaign finance, pleaded not guilty at a pretrial hearing the previous day. District Judge Lewis Kaplan granted the...
The Bahamas Securities Commission on Nov. 12 seized $3.5 billion worth of digital assets owned by crypto exchange FTX over concerns about their safety. One of the potential threats are cyber attacks on FTX resources. Just hours after the bankruptcy...
Clients of bankrupt cryptocurrency exchange FTX have filed a class action lawsuit against the platform and its former top executives in hopes of recovering their dwindling fortunes. The applicants intend to prove through a bankruptcy court in...
founder Bankrupt FTX crypto exchange Sam Bankman-Fried, extradited from the Bahamas to the United States, has been released by court order on $250 million bail and is under house arrest at his parents’ home in Palo Alto, California. in...
Two members of the inner circle of former FTX crypto exchange CEO Sam Bankman-Fried (Sam Bankman-Fried) have pleaded guilty to fraud against investors of the trading platform and have expressed their willingness to cooperate in the investigation...
FTX founder Sam Bankman-Fried was at the forefront of one of the largest fraudulent projects in American history The Wall Street Journal (WSJ) Words from a senior US attorney. According to prosecutors, the businessman stole billions from misleading...
Sam Bankman-Fried, the founder and former head of crypto exchange FTX, has been arrested by law enforcement in the Bahamas after the prosecutor for New York’s Southern District sent an indictment against the businessman to the country’s...
US prosecutors have launched an investigation into former head of crypto exchange FTX and its affiliate Alameda Research, Sam Bankman-Fried. The businessman is suspected of manipulating the cryptocurrency market, which led to the collapse of the...
The Financial Times has published new evidence linking bankrupt cryptocurrency exchange FTX to hedge fund Alameda Research, owned by FTX founder and former head Sam Bankman-Fried. The crypto exchange is accused of illegally using the funds of its...
The collapse of the FTX exchange made regulation of the crypto sector urgent, explained in an interview with Reuters, the new chairman of the International Organization of Securities Commissions (IOSCO), Jean-Paul Servais (Jean-Paul Servais). He...
Attorney James Bromley, hired by the new management of the FTX cryptocurrency exchange, said a “significant amount” of the platform’s assets are missing and may have been stolen, reports The Wall Street Journal. The collapse of the...
It has emerged that crypto exchange FTX, which is now in bankruptcy proceedings, was under the surveillance of federal prosecutors from New York in the months leading up to the collapse. This was first reported by Bloomberg, citing sources familiar...
The suspended former CEO of crypto exchange FTX Sam Bankman-Fried (Sam Bankman-Fried) said he has not given up on saving the company, which has entered bankruptcy proceedings. Now he’s trying to secure a multi-billion dollar deal that will...
Clients of the cryptocurrency exchange FTX, which had initiated bankruptcy proceedings, began to lose hope that one day they would get back their money left on the platform, writes Wall Street Journal newspaper. In early November, the company...
FTX on Thursday in case of emergency Posted issued a statement in a court in Delaware, USA, alleging that regulators in the Bahamas ordered former CEO Sam Bankman-Fried to gain “unauthorized access” to FTX systems, which prompted him to...
Crypto exchange FTX didn’t have proper accounting and corporate spending was approved with emoticons
Sam Bankman-Fried’s business empire has misappropriated customer funds, according to the new head of once $32 billion crypto exchange FTX, which is going bankrupt. There were no credible financial reports among the documents, and management...
Crypto exchange FTX’s bankruptcy filing states that the company’s corporate funds were used to purchase homes in the Bahamas, as well as personal belongings for employees and consultants. The announcement came just days after founder Sam...
US crypto investors are suing FTX founder and former CEO Sam Bankman-Fried, as well as a host of celebrities, including NFL player Tom Brady and comedian Larry David, for promoting crypto exchanges. writes Agency Reuters. The lawsuit accuses them of...
