Sam Bankman-Fried stole customer funds from the beginning of FTX, exchange's cofounder tells jurySam Bankman-Fried authorized the illegal use of FTX customers' funds and assets to plug financial gaps at an affiliated hedge fund from the...
07 Oct, 2023, 08.34 PM IST
FTX co-founder testifies against Bankman-FriedDuring Sam Bankman-Fried's trial, his former business partner, Zixiao "Gary" Wang, testified that Bankman-Fried used FTX clients' funds wit...
07 Oct, 2023, 08.30 AM IST
Sam Bankman-Fried's trial to resume with testimony from ex-FTX executiveGary Wang testified on Thursday that while at FTX, he created software code at the direction of Bankman-Fried that gave "special privileges...
06 Oct, 2023, 04.14 PM IST
FTX sues founder Sam Bankman-Fried's parentsFTX's lawsuit alleges that Bankman and Fried accepted a $10-million cash gift and a $16.4-million luxury property in the Bahamas from FTX, ...
19 Sep, 2023, 07.53 PM IST
FTX investor sues Sequoia Capital, Thoma Bravo, ParadigmVenture capital firms have faced criticism for plowing huge sums into FTX at towering prices. The company was valued at more than $32 billi...
15 Feb, 2023, 10.15 AM IST
FTX founder Sam Bankman-Fried faces arraignment in New YorkBankman-Fried is expected to plead not guilty before Judge Lewis A. Kaplan before the judge and lawyers discuss a schedule for proceeding t...
03 Jan, 2023, 09.45 PM IST
Sam Bankman-Fried, FTX execs received billions in hidden loans, says ex-Alameda CEOCaroline Ellison, former chief executive of Alameda Research, said she agreed with Bankman-Fried to hide from FTX's investors, lenders and ...
24 Dec, 2022, 08.11 AM IST
Sam Bankman-Fried extradited to US to face fraud charges over FTX collapseFTX and its sister trading house Alameda Research went bankrupt last month, dissolving a virtual trading business that had been valued by t...
22 Dec, 2022, 01.55 PM IST
FTX collapse: Sam Bankman-Fried's associates Ellison, Wang plead guilty to criminal chargesThe US Attorney for the Southern District of New York Damian Williams said in a statement on Wednesday night that Ellison and Wang had been...
22 Dec, 2022, 08.33 AM IST
What happened to world’s largest cryptocurrency exchanges, FTX? A timelineThe dramatic collapse of FTX has seriously damaged the Bahamas' image as a nation with efficient regulation of the digital asset industry.
25 Nov, 2022, 06.50 PM IST
Sam Bankman-Fried's FTX, senior staff, parents bought Bahamas property worth $300 millionWhile it is known that FTX and its employees bought real estate in the Bahamas, where it established its headquarters in September last yea...
23 Nov, 2022, 07.28 AM IST
'Crypto King,' who lost $32 billion in FTX collapse, cites this reason behind crashAfter the devastating collapse of his cryptocurrency corporation, Sam Bankman-Fried is striving to recover what is left of his reputation a...
18 Nov, 2022, 11.19 PM IST
This bluechip crypto lost 95% of its value in a year. Time to bottom-fish?In the last week, the token lost 60% of its value, and in less than 10 days, the crack is two-third of its value. However, compared to its ...
14 Nov, 2022, 04.29 PM IST
FTX bankruptcy also endangers founder Sam Bankman-Fried's philanthropic giftsThe FTX Foundation -- and other related nonprofits mostly funded by Bankman-Fried and other top FTX executives - says it has donated $190 m...
14 Nov, 2022, 01.16 PM IST
No exposure to risky coins: Indian crypto exchanges reassure investors amid FTX fiascoAfter the Terra collapse, which devastated many Indian cryptocurrency investors and the failure of hedge funds such as Celsius and Three Ar...
13 Nov, 2022, 06.11 AM IST
FTX failure wipes out over $150 billion from crypto m-cap; gloomy road for the rattled investorsCoinDCX Research said that Sam Bankman-Fried’s FTX worries about how FTX's liquidity and solvency problems raised questions about the healt...
09 Nov, 2022, 07.04 PM IST
Crypto Price Today: Bitcoin, Etheruem, Dogecoin, FTX Token tank up to 75%Homegrown crypto exchange platform, WazirX, which allows users to buy, sell, and trade various crypto assets like Bitcoin, Ether, Litecoin,...
09 Nov, 2022, 10.41 AM IST