Sam Bankman-Fried acknowledges 'mistakes' but testifies he did not defraud anyoneShortly after taking the witness stand in Manhattan federal court, Bankman-Fried said he made "a number of small mistakes and a number of l...
27 Oct, 2023, 09.02 PM IST
Bankman-Fried's former crypto exchange outlines plan for potential rebootMore than 75 bidders have been contacted by the FTX estate since May to gauge industry interest in backing a relaunch of the exchange, acco...
12 Sep, 2023, 06.28 AM IST
Lawyers land $700 million bounty from crypto collapseLawyers, accountants, consultants, cryptocurrency analysts and other professionals have racked up more than $700 million in fees since last...
06 Sep, 2023, 05.46 AM IST
Lawyers land $700 million bounty from crypto collapseLawyers, accountants, consultants, cryptocurrency analysts and other professionals have racked up more than $700 million in fees since last...
06 Sep, 2023, 12.53 AM IST
Bankrupt crypto lender Voyager Digital predicts 35% customer payoutCryptocurrency lender Voyager Digital said Wednesday that customers will soon recover about 35% of their cryptocurrency deposits as the com...
18 May, 2023, 08.10 AM IST
Bankrupt crypto lender Voyager Digital predicts 35% customer payoutVoyager filed for bankruptcy protection in July, citing volatility in cryptocurrency markets and a default on a large loan made to crypto h...
18 May, 2023, 12.19 AM IST
Lending unit of crypto firm Genesis files for US bankruptcyGenesis Global Capital, one of the largest crypto lenders, froze customer redemptions on November 16 after FTX stunned the financial world ...
20 Jan, 2023, 11.10 AM IST
FTX bankruptcy judge to hear media companies' request to reveal customer namesIn seeking to intervene in the case, the New York Times, Dow Jones, Bloomberg and the Financial Times said bankruptcy law demands transpare...
16 Dec, 2022, 05.59 PM IST
Inside the frantic texts exchanged by Binance CEO and Sam Bankman-Fried as FTX collapsedThe series of about a dozen group texts between Zhao and Bankman-Fried on Nov. 10, which were obtained by The New York Times, show that key...
09 Dec, 2022, 12.57 PM IST
The crypto industry struggles for a way forwardExecutives who just a year ago were reveling amid crypto's seemingly unstoppable growth are now scrambling to prove that they can learn fro...
06 Dec, 2022, 09.53 AM IST
The crypto industry struggles for a way forwardLast month, the actions of a single crypto firm - the $32 billion exchange FTX - plunged the emerging industry into its own version of a 20...
05 Dec, 2022, 07.01 PM IST
Crypto stocks teeter near abyss as Fink’s warning adds to angstCryptocurrency firms including Coinbase Global Inc., Galaxy Digital Holdings Ltd. and MicroStrategy Inc. all plunged more than 25% last mon...
04 Dec, 2022, 09.39 AM 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
FTX collapse being scrutinised by Bahamas authoritiesFTX filed for bankruptcy on Friday, one of the highest profile crypto blowups, after traders rushed to withdraw $6 billion from the platfor...
14 Nov, 2022, 07.58 AM IST
Collapsed FTX hit by rogue transactions, analysts saw over $600mln outflowsFTX filed for bankruptcy on Friday, one of the highest profile crypto blowups, after traders rushed to withdraw $6 billion from the platfor...
13 Nov, 2022, 11.36 AM IST
How Sam Bankman-Fried fooled the crypto world and maybe even himselfThe ties between FTX and Alameda are at the heart of Bankman-Fried’s downfall. The US Securities and Exchange Commission is investigating h...
12 Nov, 2022, 01.01 PM IST
Indian crypto investors look for coverThe crypto rout over the past two days after Binance, the largest crypto exchange, said it was buying FTX, one of its closest rivals and th...
11 Nov, 2022, 08.41 AM IST