Phase one of the trial was exciting. Former FTX exchange insiders told a jury that Sam Bankman-Fried had directed them to let his hedge fund Alameda “borrow” billions of dollars from exchange ...
Former FTX general counsel Can Sun testified on Thursday that he was not told about and did not okay the use of FTX customer funds for expenses at Alameda, Bankman-Fried’s hedge fund. FTX founder Sam ...
Sam Bankman-Fried says his “biggest mistake” during the collapse of FTX wasn’t mismanaging billions in customer funds — it ...
Backpack Exchange started off a formal procedure to help former FTX EU clients recover their funds. The company launched a claims process on April 1, 2025, to help return assets to affected users. The ...
Customer data of bankrupt crypto exchange FTX, Genesis and lender BlockFi have been compromised due to a hack of Kroll, a third party agent that manages creditor claims on behalf of bankrupt companies ...
Sam Bankman-Fried, former CEO of failed crypto firm FTX, leaves the Manhattan federal courthouse on June 15, 2023, after arguments on his motion to sever or dismiss five counts filed after his ...
Can Sun, former FTX general counsel, took the stand on Thursday to testify on behalf of the prosecution’s case against Sam Bankman-Fried. Sun has a non-prosecution agreement in exchange for his ...
FTX’s token FTT surged 17% in the last 24 hours, baffling traders as bankruptcy proceedings continue and unlocked tokens ...
Some FTX customers are objecting to the troubled exchange’s Dec. 16 proposed bankruptcy plan, stating that it violates their property rights and sells their assets to pay off third-party creditors, ...
NEW YORK, Oct 19 (Reuters) - Cryptocurrency exchange FTX's former top lawyer testified on Thursday that its founder Sam Bankman-Fried asked him to come up with "legal justifications" for why it was ...
The criminal trial of Sam Bankman-Fried, former cryptocurrency magnate, completed its second day on Wednesday. The prosecution and defense both gave opening statements and interviewed the first two ...
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