Sam Bankman-Fried News

18.03 / 16:03

FTX FTX bankruptcy strategies New Court Documents Reveal Sam Bankman-Fried’s Strategies to Repair Public Image

Newly revealed court documents shed light on Sam Bankman-Fried’s strategies aimed at repairing his public image following the collapse of FTX in 2022.

29.02 / 00:25

FTX SBF SBF’s Family Write Individual Letters To Judge Asking for Lenient Sentence

Family members of former FTX chief Sam Bankman-Fried have written individual letters to the federal judge who will determine his sentence, according to a February 27 filing in the United States District Court for the Southern District of New York. Barbara Fried, Joseph Bankman, and Gabriel Bankman-Fried — SBF’s mother, father, and brother — submitted pleas for leniency.

22.02 / 15:09

FTX Sam Bankman-Fried Stands by Legal Team Amidst Conflict of Interest Concerns

Disgraced former FTX CEO Sam Bankman-Fried (SBF) on Wednesday confirmed plans to stick with his new lawyers Marc Mukasey and Torrey Young, who are also representing Celsius CEO Alex Mashinsky, according to a report by Reuters.

22.02 / 00:38

FTX Celsius Sam Bankman-Fried Ditches Legal Team, Moves Forward with Ex Celsius CEO’s Lawyers

Disgraced former FTX founder Sam Bankman-Fried appeared in a Manhattan federal court on Wednesday afternoon with a new legal team that also represents former Celsius CEO Alex Mashinsky.

18.02 / 19:21

FTX FTX bankruptcy FTX’s Legal Labyrinth: S&C Scrutinized Over Past Ties and Fraud Claims

FTX creditors have filed a class-action lawsuit against the law firm overseeing the exchange’s bankruptcy, Sullivan & Cromwell (S&C).

13.02 / 12:43

FTX FTX bankruptcy From $10M to $500K: FTX Slashes Digital Custody Unit Price in Post-Collapse Sale

Now-defunct crypto exchange FTX is set to sell one of its Digital Custody Inc. (DCI) unit for a fraction of its original price.

11.02 / 09:45

UPS Provident Digital CEO FTX Courts CoinList to Acquire FTX’s Digital Custody Subsidiary in Cut-Price Deal

The FTX Debtors estate, under the leadership of CEO John Ray III, has initiated the process of selling Digital Custody Inc. (DCI) to CoinList.

17.01 / 16:39

Enterprise FTX Research social donates Relationships Sam Bankman-Fried’s Parents File for Dismissal in FTX Fraudulent Transfer Case

The parents of Sam Bankman-Fried, the disgraced founder of FTX, are seeking to have the lawsuit filed against them dismissed. They are arguing that they had no involvement in any alleged fraudulent transfers or breaches of fiduciary duties.

11.01 / 01:31

FTX SBF Former FTX CEO Sam Bankman-Fried Retains New Counsel, Files Notice in Federal Court Ahead of Sentencing

Former FTX CEO Sam “SBF” Bankman-Fried has informed the federal court that he has retained new counsel ahead of his sentencing hearing for seven criminal charges. Additionally, SBF’s legal team submitted a sealed document indicating the possibility of considering an appeal to his November conviction.

02.01 / 15:44

CEO Fighting FTX Celebrity donates analyst Analyst: FTX Legal Battle Set to Extend Over Years in $8 Billion Creditor Fight

Now-defunct cryptocurrency exchange FTX is embroiled in a legal battle that could extend over several years as creditors seek to recover over $8 billion.

01.01 / 08:40

coinbase FTX Coinbase’s Chief Legal Officer Slams US Decision to Drop Additional Charges Against Bankman-Fried, Calls it a ‘Miscarriage of Justice’

US prosecutors have decided not to pursue the remaining charges against Sam Bankman-Fried, including allegations of foreign bribery and bank fraud.

30.12 / 12:46

Cooper CEO Action FTX President Sam Bankman-Fried Unlikely to Face Second Trial, Say US Prosecutors – Here’s the Latest

US prosecutors are reluctant to pursue a second trial in the case involving Sam Bankman-Fried, former CEO of the now-defunct crypto exchange FTX.

26.12 / 04:56

FTX Former FTX CEO Sam Bankman-Fried and Debtors Reach Settlement in Embed Proceeding

The bankrupt crypto exchange FTX and its debtors have reached a settlement agreement with founder Samuel Bankman-Fried and others to address certain claims related to the acquisition of the stock trading platform Embed.

21.12 / 05:14

sentencing Judge Denies Sam Bankman-Fried’s Request for Adjournment of Sentencing Hearing

U.S. District Judge Lewis Kaplan has denied a request for adjournment made by Sam Bankman-Fried, the former CEO of FTX.

19.12 / 16:29

FTX bankruptcy FTX fraud Breaking: Global Settlement Reached in FTX Digital Markets Liquidation

The ongoing saga following the dramatic collapse of Sam Bankman-Fried‘s bankrupt cryptocurrency exchange FTX took a major new turn with a Tuesday announcement detailing a global settlement between FTX Trading Ltd. and FTX Digital Markets Ltd.

18.12 / 07:31

Digital FTX Experts Bitcoin stage reports Customers FTX Presents Revised Plan to Distribute Billions to Customers and Creditors, Initiating Final Phase of Bankruptcy Resolution

Now-defunct crypto exchange FTX has revealed its latest proposal aimed at returning billions of dollars to customers and creditors, marking the start of the final stage in resolving its bankruptcy case.

17.12 / 17:25

FTX reorganization valuation FTX’s Revised Reorganization Plan Addresses Cryptocurrency Claims Valuation

The debtors of now-defunct cryptocurrency exchange FTX have submitted an amended Chapter 11 plan of reorganization, suggesting that customer asset claims should be valued retroactively to the date of the exchange’s collapse in November last year.

01.12 / 19:29

SBF FTX collapse FTX bankruptcy Ftx Trial IRS Deals Devastating Blow to FTX With $24 Billion Tax Claim, Crypto Exchange Pushes Back

According to a November 30 filing by FTX debtors, the IRS tax claims of $24 billion filed in early November are “completely unsubstantiated” and FTX has now requested that the claims be dismissed by the bankruptcy court.

30.11 / 02:25

business Altcoin Grayscale FTX Bankruptcy Crypto exchange FTX gets nod to sell $873M of assets to repay creditors

Bankrupt crypto exchange FTX has been given the green light to sell around $873 million of trust assets, with proceeds used to repay creditors impacted by the exchange’s collapse in 2022, according to a Nov. 29 filing in a Delaware bankruptcy court.

27.11 / 20:02

Adoption Binance regulation SEC Kraken FTX end The end of an era for Binance, troubles for Kraken: Law Decoded

Last week, the legal drama featuring the world’s largest crypto exchange and United States law enforcement ended with a plea deal. Binance and Changpeng “CZ” Zhao have admitted violating U.S. Anti-Money Laundering laws, agreeing to pay $4.3 billion in fines. CZ resigned as CEO of Binance as part of the deal. Binance’s former head of regional markets outside the U.S., Richard Teng, is the new CEO.

24.11 / 15:45

Jail Fallen FTX Founder Sam Bankman-Fried Adopts Mackerel as New Currency, Gives Guards Crypto Tips

Sam Bankman-Fried, the disgraced founder of the failed cryptocurrency exchange FTX, has adapted to life behind bars by adopting mackerel as his new currency of choice while awaiting sentencing on fraud charges, according to The Wall Street Journal.

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