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FTX

FTX Founder Seeks Reversal of 25-Year Prison Sentence and Fraud Conviction

Lawyers representing Sam Bankman-Fried (SBF), the founder of now-defunct crypto exchange FTX, have filed an appeal notice, seeking to reverse his fraud conviction and...

Court Set to Announce FTX Founder Prison Sentence, as Prosecutor Argues For 50 Years Jail Term  

The highly anticipated sentencing of former FTX founder Sam Bankman-Fried (SBF) is scheduled to take place today at 13:30 (UTC).  According to CNBC reporter MacKenzie...

Ripple CTO Issues Crucial Warning About an Ongoing Scam

The Ripple CTO David Schwartz has warned investors about an ongoing scam targeting users of the defunct crypto trading platform FTX. As bankrupt cryptocurrency exchange...

From XRP Ruling to Zhao’s Resignation as Binance CEO, Here are Major Crypto Developments of 2023

In 2023, the crypto industry witnessed the resignation of Binance founder Changpeng Zhao as CEO, the arrest and prosecution of notable names such as...

New Court Document Shows Ripple to Claim Over $11M Worth of FTX Assets

A new court document shared by popular XRP proponent @WKahneman shows that Ripple Singapore would claim a whopping $11.4 million worth of FTX assets. In...

Deaton Composes Special Message For FTX Founder Amid Solana Rally

Attorney John Deaton has taken a swipe at FTX founder Sam Bankman-Fried after the exchange’s Solana holdings soared from $1B to $6B.  Solana (SOL) is...

FTX Bankruptcy Fees Surpass Amount Owed to Creditors 

A recent court filing shows that defunct crypto exchange FTX is more indebted to its bankruptcy lawyers than its creditors.    According to recent compensation...

FTX Gets Court Authorization to Liquidate $744 Million in Grayscale Assets

The embattled crypto trading platform FTX has secured bankruptcy court authorization to initiate the sale of its stakes in digital trusts under the management...

FTX Token (FTT) Jumps 11% as Top 10 Whales Accumulate $12.8M

FTX Token (FTT) has retained its bullish momentum, soaring by 11.25% to $4.73 as whale accumulation intensifies. FTT, the native token of the bankrupt FTX...

FTX Seeks to Recover Nearly $1B From ByBit Alleging Fraud

FTX’s bankruptcy estate has sued Bybit and its executives with the goal of recovering $953 million worth of assets. Following the bankruptcy filing by FTX...

FTT Surges 200%, FTX Creditors Gain $427M But Can’t Cash Out

A recent surge in the price of FTT has added $427 million to the purse of FTX and Alameda Research, although the funds are...

Former SEC Chair Wants Investigation of SBF Political Donations

A former chairman of the United States Securities and Exchange Commission (SEC) has urged prosecutors to further investigate the political donations made by convicted...

FTX’s Sam Bankman-Fried Convicted, Potentially Faces 115 Years in Prison

Sam Bankman-Fried has now been convicted nearly one year on from the infamous collapse of his FTX empire. After a month-long trial, former FTX CEO...

FTX and Alameda Move Additional $46M in SOL, ETH, Others to Kraken, Binance and Coinbase

FTX and Alameda Research addresses have transferred an additional $46 million worth of Solana (SOL), Ethereum (ETH), Polygon (MATIC), and other crypto assets to...

FTX Transfers $13.6m to Binance and Coinbase in Possible Selloff Move

Wallets associated with bankrupt FTX and Alameda Research recently moved $13.6 million to Binance and Coinbase, deepening current selloff fears. Crypto analytics platform SpotonChain flagged...

FTX Founder Testimony Ends, Denies Knowledge of Customer Funds Misappropriation

Sam Bankman-Fried denies knowing about the misappropriation of FTX customers' funds as his heated testimony finally ends. Popular cryptocurrency entrepreneur Sam Bankman-Fried (SBF) concluded his...

SBF Undergoes Intense Cross-Examination, Admits Transferring $650M Robinhood Shares to His Personal Custody

Sam Bankman-Fried, the founder of FTX crypto exchange, admits transferring $650 million worth of Robinhood shares acquired last year to his personal custody. Crypto entrepreneur...

Criminal Defense Lawyer Says SBF Testimony May Land Him Higher Sentence

According to a prominent crypto criminal defense lawyer, FTX’s Sam Bankman-Fried (SBF) could face a higher prison sentence after his testimony last week. FTX’s disgraced...

‘Rich Dad Poor Dad’ Author Robert Kiyosaki Lists 2 Famous Investors SBF Fooled

The author of Rich Dad Poor Dad lists Kevin O’Leary and CNBC’s Jim Cramer among the famous investors fooled by former FTX CEO Sam...

SBF In His Recent Testimony Says He Believed Taking FTX Customer Funds for Alameda “Was Legal”

Former FTX CEO Sam Bankman-Fried (SBF) has claimed in a recent court testimony that he believed it was legal to commingle customer funds. On Wednesday,...