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Sam Bankman-Fried Shot Crypto MasterClass Prior to FTX Collapse
26.6.2023
Disgraced crypto boss Sam Bankman-Fried had shot a tutorial video on cryptocurrency for MasterClass, a platform that offers courses taught by celebrity experts.
The video, made last summer, was not included with other lessons presented by crypto and blockchain experts that MasterClass announced...
FTX Bankruptcy Team Says the Exchange Owed Customers $8.7B
26.6.2023
Commingling and misuse of customer and corporate funds occurred from the inception of FTX, says current CEO John J. Ray III
Indonesia Labels 501 Cryptocurrencies as Commodities, Paving the Way for Regional Adoption
26.6.2023
In contrast to the regulatory stance taken by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Supervisory Agency (CFTSA) of the Republic of Indonesia has officially labeled 501 cryptocurrencies as commodities. The list of these digital assets includes popular tokens...
FTX User Names: Media Houses Appeal to Overturn Court Redaction Decision
25.6.2023
Several major media outlets have filed an appeal aiming to overturn a bankruptcy court's decision to redact the names of FTX users permanently.
In a recent filing with the US Bankruptcy Court for the District of Delaware, The New York Times, Dow Jones & Company, Bloomberg, and the Financial...
Tokenized FTX claim is used as collateral for a loan
24.6.2023
A creditor of now-bankrupted crypto exchange FTX pledged a $31,307 claim as collateral for a DeFi loan
FTX Seeks to Claw Back $700M in Lawsuit Over Alleged Funds Misappropriation and Influence-Building Scheme
24.6.2023
According to a lawsuit filed this week with the U.S. Bankruptcy Court for the District of Delaware, FTX lawyers are seeking to claw back $700 million from K5 Global Technology, its subsidiaries, and the firm’s founders. The attorneys allege that the defendants received funds without...
Mainstream media challenge decision to protect FTX customers: Report
24.6.2023
Legal representatives of the media outlets have reportedly argued that FTX is not entitled to a “novel and sweeping exception” just because its customers used cryptocurrency
Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report
23.6.2023
The request was denied by U.S. District Judge Lewis Kaplan, who characterized it as a “fishing expedition” lacking justification
Sequoia partner says investing in FTX was the right move: Report
23.6.2023
Sequoia’s Alfred Lin stood up for the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX
SEC waives BlockFi's $30M fine until creditors are paid
23.6.2023
The U.S. SEC was at the top of BlockFi creditor's list with a $30 million settlement balance from February 2022
Sam Bankman-Fried Can't Subpoena Law Firm Fenwick & West for Documents, U.S. Judge Rules
23.6.2023
The founder of collapsed crypto enterprise FTX had argued legal advice from the Silicon Valley law firm was "at the core" of the government's criminal allegations against him
FTX Seeks to Recover $700 Million from Sam Bankman Fried's Affiliated Funds
23.6.2023
Now-defunct cryptocurrency exchange FTX has sued a former aide for Hilary Clinton and the former aide's investment firm, K5 Global, to retrieve $700 million in funds.
On Thursday, the company filed a complaint in Wilmington, Delaware, bankruptcy court, asking back the $700 million its founder Sam...
Alameda Seeks Return of $700M Paid to ‘Super Networkers’ for Celebrity, Political Access
23.6.2023
Sam Bankman-Fried promised billions to Michael Kives and Bryan Baum after being awed by their connections to politicians, billionaires and reality TV stars
SEC Relinquishes $30M BlockFi Penalty Until Investors Are Repaid
23.6.2023
The regulator agreed to forego the payment, owed as part of a settlement of charges against BlockFi, to maximize and speed up payments to investors
FTX seeks to claw $700M from Bankman Fried friends and affiliated funds
23.6.2023
After a Hollywood dinner party, hundreds of millions of dollars of “avoidable” transfers were sent from Alameda to investment firm K5 Global, the suit alleges
US lawmaker demands answers from SEC on docs related to Sam Bankman-Fried's arrest
22.6.2023
The chair of a U.S. House oversight subcommittee said all of the documents the SEC had provided on Sam Bankman-Fried's charges and arrest had been publicly available at the time
FTX’s Bankruptcy Fees Already Topped $200M, Court Examiner Says
21.6.2023
Transforming a ‘smoldering heap of wreckage’ can cost good money, Katherine Stadler said
FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor
21.6.2023
The legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who has confirmed the case is “on track to be very expensive.”
FTX Spent Over $120 Million on Advisory Fees in Just Three Months as Bankruptcy Proceedings Continue
20.6.2023
The bankrupt crypto exchange FTX is facing escalating legal and advisory costs, recent filings submitted by the exchange’s bankruptcy advisors have revealed.
Judging from information in the filings, FTX's advisors billed the exchange a staggering $121.8 million in fees and expenses for the period...
Washington DC Home Linked to Former FTX CEO May Have Been Sold
19.6.2023
A Victorian brownstone in Washington DC linked to former FTX CEO Sam Bankman-Fried may have been sold.
The four-bedroom home near Capitol Hill was listed on Realtor.com as “contingent,” meaning that an offer has been made and accepted, but some additional criteria needs to be met.
Cointelegraph...