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FTX DECISIONS
FTX cofounder Sam Bankman-Fried applies for Trump pardonSam Bankman-Fried, convicted in the FTX cryptocurrency empire collapse, has formally applied for a presidential pardon. He submitted his ap...
Bitcoin (BTC USD) crashes 50% from October 2025 high, ETFs lose billions, and $1.8 billion gets liquidated - reasons why this crypto selloff is different from 2022 and 2018Bitcoin (BTC USD) crash reasons explained: Crypto market's recent 48% plunge differs from past crashes, driven by economic pressures like i...
Crypto exchange FTX ordered to pay $12.7 billion to customers, US CFTC saysFTX has said that its customers will receive 100% recovery on their claims against the company, based on the value of their accounts at the...
Sam Bankman-Fried appeals FTX fraud conviction, 25-year sentenceDefense lawyer Marc Mukasey had announced plans for the appeal to the Manhattan-based 2nd U.S. Circuit Court of Appeals during Bankman-Frie...
Disgraced entrepreneur Sam Bankman-Fried sentenced to 25 years in prison for $8 bn fraud caseU.S. District Judge Lewis Kaplan handed down the sentence at a Manhattan court hearing after rejecting Bankman-Fried's claim that FTX custo...
Sam Bankman-Fried sentenced to 25 years in prison for multi-billion dollar FTX fraudSam Bankman-Fried, 32, sentenced to 25 years for stealing $8 billion from FTX customers. Judge Kaplan rejected his no losses claim. Found g...
Sam Bankman-Fried has 'regret' for not probing $8 billion debt to FTXDuring a second day of cross-examination, the 31-year-old former billionaire said he had thought it "permissible" for his Alameda Research ...
Sam Bankman-Fried grilled by prosecutor about interviews following FTX's collapseThe questioning by prosecutor Danielle Sassoon, on the second day of Bankman-Fried's testimony in his own defense at his fraud trial, was p...
Sam Bankman-Fried trial: jury to hear FTX founder's testimonyBankman-Fried started testifying on Wednesday at an unusual hearing outside the jury's presence. US district judge Lewis Kaplan asked him t...
Sam Bankman-Fried testifies lawyers were involved in key FTX decisionsBut on cross-examination by prosecutors, Bankman-Fried often struggled to point to specific conversations in which lawyers approved his act...
Bankman-Fried dodges questions during his US crypto trialBankman-Fried, once one of the most respected figures in crypto, has been charged with seven counts of fraud, embezzlement and criminal con...
FTX founder Sam Bankman-Fried testifies outside jury's presenceBankman-Fried's risky decision to testify gives prosecutors the chance to cross-examine the 31-year-old former billionaire about those clai...
Sam Bankman-Fried sought 'justifications' for missing funds, lawyer testifiesCan Sun, FTX's former general counsel, testified at Bankman-Fried's fraud trial that the company on Nov. 7, 2022, was engaged in talks with...
Sam Bankman-Fried directed fraud on FTX customers, Caroline Ellison tells juryCaroline Ellison, the former CEO of Sam Bankman-Fried's hedge fund, testified that Bankman-Fried directed her and others to defraud custome...
Sam Bankman-Fried demanded special privileges for Alameda Research: ex-colleague Gary WangAccording to Wang, the special privileges granted to Bankman-Fried's hedge fund Alameda Research included a $65-billion line of credit, sev...
Singapore's Temasek cuts compensation for staff responsible for FTX investmentTemasek had said its cost of investment in FTX was 0.09% of its net portfolio value of S$403 billion ($304 billion) as of March 31, 2022, a...
Bankrupt crypto exchange FTX has recovered $7.3 billion in assetsFTX has benefited from a recent rise in crypto prices, Dietderich said. Its total recovery would be valued at $6.2 billion based on crypto ...
Former FTX CEO Sam Bankman-Fried to reverse decision on contesting extraditionThe cryptocurrency mogul was indicted in federal court in Manhattan on Tuesday and accused of engaging in a scheme to defraud FTX customers...
New FTX CEO says lax oversight, bad decisions caused failureFTX CEO John Ray III, who has guided dozens of companies, including Enron, through bankruptcy restructuring, called FTX's collapse one of t...
World's largest crypto exchange Binance to acquire rival FTX unitThe company had signed a non-binding agreement to buy rival FTX's unit, FTX.com pending due diligence, Zhao said. However, Binance has the ...