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FTX

Former FTX CEO Sam Bankman-Fried Sentenced to 25 Years in Prison for Felony Charges

Former FTX CEO Sam Bankman-Fried, known as “SBF,” has been handed a 25-year prison sentence by Judge Lewis Kaplan of the United States District Court for the Southern District of...
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FTX Battles to Devalue “Sam Coins” in Bankruptcy Case, Investors Push Back

According reports, cryptocurrency exchange FTX is fighting tooth and nail to devalue claims on certain digital tokens, dubbed “Sam Coins,” entangled in an ongoing bankruptcy saga. The exchange contends that...
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FTX Bankruptcy Lawsuit Alleges Firm Sullivan and Cromwell’s Complicity

Report has it that a class-action lawsuit has been filed against Sullivan and Cromwell (S&C), the law firm responsible for handling the bankruptcy proceedings of FTX, alleging its deep involvement...
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FTX Customers Hopeful for Repayment Amid Bankman-Fried’s Pending Sentencing

As the sentencing of Sam Bankman-Fried looms next month following his conviction for criminal fraud linked to the collapse of FTX in 2022, former customers of the cryptocurrency exchange are...
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Crypto Wallets Tied to Defunct FTX Exchange and Alameda Research Transfer $38.8 Million to Exchanges in 2024

In a series of transactions scrutinized by blockchain analytics firm PeckShield and as reported, crypto wallets associated with the now-defunct FTX exchange and its sister company, Alameda Research, have made...
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Former FTX CEO, Sam Bankman-Fried, Spared Second Trial Amidst Legal Fallout

Former cryptocurrency mogul Sam Bankman-Fried, convicted on multiple counts including fraud and money laundering in November, has been spared a potential second trial by prosecutors. Despite the looming specter of...
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FTX Estate Submits Revised Bankruptcy Plan in Effort to Resolve Collapse

The estate of the defunct cryptocurrency giant, FTX, has lodged a revised proposal aimed at settling its bankruptcy woes with a Delaware court, as revealed in a filing made public...
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FTX Founder Sam Bankman-Fried’s Cryptocurrency Rollercoaster: From Fortune to Jail

The soaring heights of cryptocurrency’s recent surge have captivated many, yet for Sam Bankman-Fried, the disgraced FTX founder, these fluctuations echo a different tune. Held at the notorious Brooklyn Metropolitan...
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Lawsuit Alleges Bybit Fintech Exploited VIP Privileges in FTX’s Collapse

In a recent development, FTX’s bankruptcy advisers have taken legal action against cryptocurrency exchange Bybit Fintech and its affiliated companies, filing a lawsuit in a Delaware court seeking the recovery...
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Bankruptcy Advisors of Collapsed Crypto Exchange FTX Accused of Sharing Customer Information with FBI

In a startling revelation, court records have shown that bankruptcy advisors overseeing the aftermath of the collapsed cryptocurrency exchange FTX allegedly provided customer information to the United States Federal Bureau...
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