Key Takeaways Sam Bankman-Fried, former FTX CEO, has been sentenced to 25 years in prison for his role in the exchange’s collapse, facing seven felony charges. Despite SBF expressing regret and his defense…
Top Stories This Week Grayscale files for new spot Bitcoin ETF on NYSE Arca Major cryptocurrency investment firm Grayscale Investments has filed a new application with the U.S. Securities and Exchange Commission for…
Parallel drama unfolds as FTX exploiter and ex-CEO both make headlines. Just as the courtroom drama unfolds around Sam Bankman-Fried, the former CEO of now-defunct crypto exchange FTX, the individual suspected of exploiting…
A law firm that previously provided services to the now-defunct cryptocurrency exchange FTX has refuted a class-action lawsuit brought against it, claiming that it assisted in the exchange’s alleged fraudulent activities. According to…
#Cryptocurrencys #bailout #king #FTXs #Sam #BankmanFried source
Collapsed crypto exchange FTX’s new management might be on the verge of dumping its huge Solana (SOL) holdings, based on the movement of tokens from wallets—and the protocol’s co-founder has a “win-win” solution…
As John J Ray III and his team scramble to recoup as much value as possible for FTX creditors, new evidence of willful wrongdoings surface as the troves of disorganized information on FTX’s…
Top Stories This Week Coinbase could face SEC enforcement action for ‘potential violations of securities law’ Crypto exchange Coinbase received a Wells notice from the United States Securities and Exchange Commission (SEC) suggesting…
The United States Attorney’s Office for the Southern District of New York has launched a page on its website appealing to Sam Bankman-Fried’s alleged victims of fraud at FTX to come forward and…
A group of FTX customers has filed a limited objection to FTX’s plan to sell four independently-operated subsidiaries, arguing that they should be privy to the sales process to ensure customer interests are…
This year has been tumultuous for the cryptocurrency industry, with major players like Terra, Three Arrows Capital (3AC), and FTX going underwater. As the crypto space struggles to find footing amid the second…
Negative press surrounding bankrupt crypto exchange FTX has inspired the Democratic Senate Majority PAC to return $3 million in political donations from the company’s executives. Those donations include $2 million from FTX’s ex-head…
The total cryptocurrency market capitalization gained 2% in the past seven days, reaching $850 billion. Even with the positive movement and the ascending channel that was initiated on Nov. 20, the overall sentiment…
The Securities Commission of The Bahamas (SCB) said it had ordered the transfer of all digital assets of FTX Digital Markets (FDM) to a digital wallet owned by the commission on Nov. 12. …
Illustration by Mitchell Preffer for Decrypt This week, the crypto industry witnessed one of the most sudden and devastating contractions of wealth in financial history. Sam Bankman-Fried’s $16 billion empire—which was built up…
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