Tag Archives: sam bankman-fried

CoinspeakerCrypto Exchange FTX Adapts New Settlement Approach after Objections from US Trustees  The US Trustee had initially flagged concerns about disparities within the previous motion. Crypto Exchange FTX Adapts New Settlement Approach after Objections from US Trustees 

CoinspeakerFTX Seeks Exclusion of Dubai Unit from US Bankruptcy Proceedings The attorneys claimed that FTX Dubai has a solvent balance sheet. FTX Seeks Exclusion of Dubai Unit from US Bankruptcy Proceedings

CoinspeakerFormer FTX CEO’s Defense Slams DOJ’s Attempt to Revoke Bail The DOJ claims that Bankman-Fried's actions amounted to witness tampering and obstruction of justice and that he should be remanded. Former FTX CEO’s Defense Slams DOJ’s Attempt to Revoke Bail

CoinspeakerUS DoJ Accuses Sam Bankman-Fried of Leaking Ellison’s Diary to Press The DoJ said that SBF was trying to discredit Ellison, who has already pleaded guilty of the charges and showed willingness to cooperate in the investigation. US DoJ Accuses Sam Bankman-Fried of Leaking Ellison’s Diary to Press

CoinspeakerFTX Exchange Files to Reclaim $71M from Its Philanthropic and Life Science Subsidiaries  FTX's new administration has continued to make significant efforts to reclaim funds the former CEO spent during his time at the firm. FTX Exchange Files to Reclaim $71M from Its Philanthropic and Life Science Subsidiaries 

Not long ago, Sam Bankman-Fried – the former crypto billionaire behind the now fallen digital exchange FTX – said he was requesting that as many as ten separate criminal charges he’s facing be thrown out. However, prosecutors describe this motion as “meritless,” and say they’re not only going to pursue all charges, but that it’s likely he’ll face penalties for many of them. Sam Bankman-Fried Isn’t Getting off that Easily Right now, among the many criminal...

FTX is also seeking to reclaim the funds Friedberg received while working for FTX. FTX has filed a complaint in court that claims that Daniel Friedberg, one of its former top attorneys, was a major part of the fraud that company founder Sam Bankman-Fried and other top executives perpetrated. The complaint, which was filed in the US Bankruptcy Court in Delaware on Tuesday, claims that Friedberg acted as the company’s fixer on several occasions. That is, he was responsible for silencing,...

The possibility of FTX reopening its crypto exchange services under the new management has been tagged feasible by some industry observers. The FTX derivatives exchange, the bankrupt cryptocurrency trading platform, has recently unveiled its plans to revive its international crypto exchange, according to reports by Wall Street Journal. This decision comes in the face of a tarnished reputation, as its bankruptcy caused a series of setbacks and challenges that have affected its standing...

The suit was filed at the United States Bankruptcy Court for the District of Delaware. Bankrupt FTX exchange has filed a lawsuit against K5 Global – an investment firm owned by a former aide to Hillary Clinton. According to a Reuters report, the suit was filed at the United States Bankruptcy Court for the District of Delaware. It contains 16 counts against the defendants and seeks to recover about $700 million from them. According to the filing, the defendants include K5 Global, Mount...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Sam Bankman-Fried – the former head of the digital currency exchange FTX, which collapsed into a burning heap of bankruptcy and fraud last November – is asking the judge overseeing his case to dismiss most of the criminal charges against him. Bankman-Fried Seems to Imply Things Are Rigged Against Him Right now,...