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New Report: Bankruptcy Markets Thrive Amid Crypto Industry Turmoil Following FTX's Collapse

31.3.2023
Users of failed crypto exchanges and funds are selling their claims for a fraction of their paper value, creating a thriving market for bankruptcy claims. The 2022 crypto meltdown affected some of the most prominent digital asset firms, leading to the collapse of dozens of high-profile crypto...

Solana overcomes FTX fiasco — SOL price gains 100% in Q1

31.3.2023
The cryptocurrency market may have overreacted to Solana's FTX links and its tainted boss Sam Bankman-Fried

Sam Bankman-Fried Pleads Not Guilty to New Fraud and Bribery Charges in Federal Court – Here's What You Need to Know

31.3.2023
Disgraced FTX founder Sam Bankman-Fried has pleaded not guilty to five additional charges brought against him in federal court in the US. The new charges against Bankman-Fried are focused on alleged bribery of foreign officials from China. According to the charges, Bankman-Fried paid $40 million...

Today in Crypto: FTX EU Enables Withdrawal Requests, Ex-Binance.US CEO Lawyers Up, Cardano to Enable Access to EVM Contracts from Any ADA Wallet

31.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: FTX EU Enables Withdrawal Requests, Ex-Binance.US CEO Lawyers Up, Cardano to Enable Access to...

FTX EU launches withdrawal website to pay back European users

31.3.2023
FTX EU was only approved by the Cyprus regulator in March, 2022, about seven months before FTX collapsed in November

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

30.3.2023
Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover...

Sam Bankman-Fried pleads not guilty to bribery, charges from superseding indictment

30.3.2023
The former FTX CEO's legal team argued that though SBF had entered a not guilty plea, he did not acknowledge the new charges, which including bribed a Chinese government official

FTX Founder Sam Bankman-Fried Pleads Not Guilty to Latest Bribery Charge

30.3.2023
FTX founder and former CEO Sam Bankman-Fried pleaded not guilty to charges of attempted bribery and campaign finance violations unveiled in two recent superseding indictments

Sam Bankman-Fried to Plead Not Guilty to Bribery, Campaign Finance Charges: Reuters

30.3.2023

Sam Bankman-Fried's Legal Expenses Paid by Alameda Money He Granted to His Father – What's Going On?

30.3.2023
The founder of the now infamous FTX exchange, Sam Bankman-Fried, has allegedly used the $10 million he had sent to his father while still the CEO of the fallen exchange for his legal fees. Forbes reported, citing "two sources close to the company", that in 2021, while he was still the FTX...

OKX Says It's Turning Over $157M in Frozen FTX and Alameda Assets

30.3.2023
FTX bankruptcy lawyers say that $694 million in liquid assets have been identified before OKX’s announcement

FTX lawyers, creditors slam SBF's petition to get legal fees reimbursed

30.3.2023
The creditor's committee and FTX lawyers have raised several arguments in objecting to Bankman Fried’s request. A hearing date is set for April 12

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

30.3.2023
According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least...

Sam Bankman-Fried is paying for legal defense using previously gifted funds from Alameda: Report

29.3.2023
The former FTX CEO reportedly gave Joseph Bankman roughly $10 million funded by a loan from Alameda Research as a part of a lifetime estate and gift tax exemption

FTX’s $45M Sequoia Sale Cleared, as Embed Divestment Delayed

29.3.2023
A Delaware bankruptcy judge approved the sale of the bankrupt company’s assets to Abu Dhabi’s investment arm

Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials

28.3.2023
Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against...

Sam Bankman-Fried Hit with Additional Indictment Amid Chinese Bribery Allegations

28.3.2023
In a dramatic development, FTX founder Sam Bankman-Fried is facing a new indictment for bribery, adding to the 12 charges he already faced. The former FTX CEO was arrested last year on charges of fraud, conspiracy, and trying to evade U.S. campaign laws. He was released on bond, with the terms...