FTX Financial News

03.11 / 08:35

event Blockchain solana FTX FTX Token ‘We were worried about ecosystem startups' — Solana CEO on FTX collapse

The now-infamous collapse of FTX sent shockwaves through the broader cryptocurrency space in 2022, but the Solana ecosystem was particularly hard hit in the fallout.

03.11 / 07:39

business crimes FTX Court Trial What’s next for the ‘crypto king’ Sam Bankman-Fried?

Sam Bankman-Fried is back in his federal prison cell in Brooklyn after being found guilty for all seven charges in his criminal trial. His lawyers however, say the fight isn’t yet over.

03.11 / 07:09

FTX NOT Caroline Ellison, Gary Wang, and Nishad Singh Might Not be Jailed, Bankman-Fried Faces Decades in Prison: Bloomberg

Three former close friends and colleagues of FTX co-founder Sam Bankman-Fried have testified against him, potentially leading to minimal jail time for themselves.

03.11 / 00:31

business FTX Court Trial Breaking: Sam Bankman-Fried found guilty on all charges

Former FTX CEO Sam Bankman-Fried has been found guilty of all of the seven charges in his criminal trial by a jury in New York.

02.11 / 20:37

business Blockchain regulation FTX Jury directions begin in Sam Bankman-Fried criminal trial

Closing arguments for the criminal trial of Sam Bankman Fried (SBF), the disgraced founder of crypto exchange FTX, have officially concluded with U.S. Southern District of New York Judge Lewis Kaplan moving to jury instructions.

02.11 / 16:23

business FTX Trial ‘He lied to get customers’ trust’: Prosecution makes closing argument against SBF

The government presented its rebuttal against Sam Bankman-Fried on Nov. 2 in response to statements made by his defense during the closing arguments a day earlier.

02.11 / 14:53

markets Altcoin solana Analysis BitMEX FTX 500 ‘I just bought SOL’ — Arthur Hayes after Solana price rebounds 500%

Arthur Hayes, the former CEO of crypto derivatives exchange BitMEX, has “admitted” to buying Solana’s SOL (SOL) at its possible local top, stressing his bullish outlook for the cryptocurrency.

01.11 / 20:54

business FTX stake Sam Bankman-Fried “doubled down” by buying Binance’s stake in FTX — U.S. prosecutors

Federal prosecutors claimed Sam "SBF" Bankman-Fried “doubled down” on the use of customers’ funds when he purchased Binance’s $2 billion stake in FTX in 2021. According to U.S. government attorneys, Bankman-Fried paid for the buyout with funds from FTX customers.

01.11 / 19:17

Provident Binance coinbase FTX Infinity Millions in Altcoins Sent from FTX and Alameda Research Wallets to Exchanges

Crypto wallets associated with the now-defunct crypto exchange FTX and its sister company Alameda Research have moved a significant amount of altcoins, sending a total of $13.1 million to various crypto exchanges overnight, on November 1.

01.11 / 15:29

business FTX "That's fraud," prosecutors say in closing arguments at SBF trial

Sam "SBF" Bankman-Fried’s trial has entered the final stages, with the prosecution delivering its closing arguments in the case on Nov. 1.

01.11 / 10:21

business Blockchain Binance coinbase FTX Bitcoin FTX and Alameda Research wallets send $13.1M in crypto to exchanges overnight

The crypto wallets linked to the now-defunct crypto exchange FTX and its sister trading firm, Alameda Research, have sent over $13 million in different altcoins to numerous crypto exchanges as of Nov. 1.

31.10 / 18:03

business Blockchain FTX Trial SBF criminal trial moves to closing arguments

The ongoing criminal trial involving FTX founder Sam Bankman-Fried (SBF) will move into closing arguments on November 1.

31.10 / 15:17

business Blockchain FTX Customers SBF says spending FTX customers' money was part of 'risk management': Report

Sam Bankman-Fried (SBF), the founder of cryptocurrency exchange FTX, claims that spending clients' fiat deposits was just part of "risk management" for his intertwined crypto hedge fund Alameda Research.

31.10 / 13:23

business Blockchain regulation Fraud FTX Sam Bankman-Fried lawyers pitch for changes to judge’s jury instruction

Attorneys representing former FTX CEO Sam Bankman-Fried have written another letter to the presiding judge, seeking changes to the jury instructions. In the letter addressed to Judge Lewis Kaplan, the defense attorneys requested that the jury consider the role of English law in governing FTX’s terms of service.

30.10 / 20:43

Binance regulation Tether FTX ATM SBF claims innocence, contradicts other witnesses: Law Decoded

Last week, the criminal trial of FTX founder and CEO Sam “SBF” Bankman-Fried continued in New York, with the man himself giving testimony as part of his defense. According to the SBF, he didn’t know any details about the creation of North Dimension, an alleged “shadowy entity” used to launder customer funds from the crypto exchange through Alameda Research. It was former chief regulatory officer Dan Friedberg who provided him with the papers setting up the firm, which he signed without question, SBF claimed.

30.10 / 17:53

business FTX Trial ‘Fuck regulators,’ said SBF behind closed doors: Report

Despite publicly supporting drafting crypto regulation to protect customers, disgraced crypto exchange FTX founder Sam “SBF” Bankman-Fried appears to have shared a deep disdain for regulators.

30.10 / 07:03

business cryptocurrency FTX Bankman-Fried dodges questions during his US crypto trial

collapsed cryptocurrency exchange FTX, parried with a federal prosecutor on Thursday in high-stakes legal jousting at his criminal fraud trial that seemed to frustrate the judge. Bankman-Fried was scheduled to take the witness stand after three weeks of devastating testimony for the 31-year-old crypto wunderkind, accused of stealing billions of dollars from clients. But federal Judge Lewis Kaplan took the unusual step of sending the jury home Thursday and listening to Bankman-Fried, his defense lawyers and a prosecutor go over technical aspects of his upcoming testimony. The move pushed Bankman-Fried's appearance before the jury back until at least Friday.

28.10 / 17:57

business FTX fall Sam Bankman-Fried's perspective on FTX fall

Sam “SBF” Bankman-Fried took the stand this week to testify in his ongoing criminal trial in the Southern District of New York, denying any wrongdoing between FTX and Alameda Research, while acknowledging making "big mistakes" during the companies’ fast-paced growth.

27.10 / 20:00

markets Altcoin solana Altcoin Watch FTX Futures LINK price Weekly Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

The Chainlink’s (LINK) token surged by a substantial 61.3% from Oct. 20 to Oct. 25, reaching a peak of $11.78 and marking its highest point since May 2022. LINK price then stabilized around $10.50, prompting investors to question the sustainability of this new price level.

27.10 / 20:00

regulation FTX Court Trial Lawyer questions Sam Bankman-Fried on his political donations at trial

Sam “SBF” Bankman-Fried’s defense attorney Mark Cohen heard testimony from the former FTX CEO on his relationship with Caroline Ellison and political donations from the crypto exchange.

27.10 / 19:05

Blockchain Ethereum ETH Binance coinbase FTX reports FTX’s Cold Wallets Relocate $19 Million to Various Exchanges – What’s Going On?

The group overseeing the cold wallets tied to bankrupt crypto exchange FTX has sent over $19 million worth of crypto to various exchanges, according to blockchain data.

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