FTX
FTX Victims Sue Fenwick & West for $525M Over Alleged Role in Fraud
Twenty FTX victims are suing law firm Fenwick & West for $525M, alleging its role in concealing fraud through shell companies and legal structures.
Trump Eyes 250 Pardons, Crypto Founders Seek Inclusion
Trump may pardon 250 individuals for America's 250th birthday. Crypto figures tied to FTX, Tornado Cash, and Samourai Wallet push for clemency.
Celsius, SBF Legal Drama Heat Up as US Tightens Crypto Oversight
Key updates: Alex Mashinsky to represent himself, US seeks $10M from SBF, Washington bans crypto kiosks. Legal pressures mount for crypto.
Judge Rejects Sam Bankman-Fried's Bid for New Trial
Sam Bankman-Fried's motion for a new trial was denied by Judge Kaplan, citing baseless claims. The former FTX CEO is serving a 25-year sentence.
Ex-FTX CEO Sam Bankman-Fried Drops New Trial Motion Amid Ongoing Appeals
Sam Bankman-Fried withdraws his motion for a new trial but continues to seek a new judge and pursue an appeal of his conviction and 25-year sentence.
FTX Unveils Billions Repayment Plan to Compensate Creditors
FTX has announced a repayment plan to repay creditors and compensate for time value of investments, but valuation concerns remain over its effectiveness.
Sullivan and Cromwell's Sale of Solana (SOL) at a Massive Discount Raises Concerns among FTX Creditors
The recent sale of 2/3 of $2.6 billion worth of Solana tokens by law firm Sullivan and Cromwell at a significant discount has sparked controversy. FTX Creditor Champion, Sunil, expressed concerns about the impact on FTX creditors, while others question the legality of the sale. This article delves into the details of the sale and the reactions it has garnered.
FTX and Alameda Reach $874M Settlement with BlockFi Amid Bankruptcy Proceedings
FTX and Alameda have agreed to an "in principle" settlement with BlockFi, potentially paying up to $874 million, marking a significant development in the ongoing bankruptcy saga.
Samuel Bankman-Fried (SBF) Awaits Sentencing Amidst Restitution Promises
Samuel Bankman-Fried, the defendant in a high-profile crypto fraud case, could potentially see a reduced sentence as FTX estate hints at full customer restitution.
Super Bowl LVIII Shifts Focus: Entertainment Over Crypto Ads
Super Bowl LVIII marked a shift in advertising trends, shifting away from cryptocurrency ads, despite strong crypto presence, and towards entertainment and traditional brand promotions over financial technology themes.