The crypto universe, being dynamic, always revolves around the risk of uncertainty. Similarly, the FTX bankruptcy filing case came as a surprise to many crypto
Category: FTX Bankruptcy
Effective Altruism No Shield in Sam Bankman-Fried’s Case
The prosecutors in the fraud trial of Sam Bankman-Fried have asked the judge to instruct the jury that his claim of being an effective altruist
SBF Ex-Girlfriend Caroline Ellison to Testify in Upcoming Trial
Caroline Ellison, the former CEO of hedge fund Alameda Research and occasional partner to Sam Bankman-Fried, is expected to give testimony against him during his
FTX Co-founder Admits to Faking Insurance Fund Balance
FTX faces allegations of falsifying the extent of its insurance fund. The fund was intended to protect customers against potential losses resulting from adverse events
FTX Creditors Could Get Full Recovery From Anthropic’s New Funding
Anthropic, a rival of OpenAI, recently announced its successful capital raise of up to $4 billion from Amazon and $2 billion from Google and other
FTX Founder Fights to Exclude Witnesses in Upcoming Trial
Sam Bankman-Fried, the former CEO of the collapsed crypto exchange FTX, is currently attempting to prevent the government from asking multiple witnesses in his upcoming
Coinbase Shwoing Interest in FTX Europe for Derivatives Business
As per the latest report from Fortune Magazine, crypto exchange Coinbase (NASDAQ: COIN) pursued the acquisition of FTX’s European entity to expand its footprint in
Appeals Court Upholds Sam Bankman-Fried’s Detention
On Thursday, the U.S. Court of Appeals for the Second Circuit held firm against releasing Sam Bankman-Fried, the former FTX CEO. Bankman-Fried’s legal team had
Former FTX Executive Ryan Salame to Plead Guilty
Ryan Salame, the ex-co-CEO of FTX’s Bahamian subsidiary, is reportedly preparing to file a guilty plea in federal court in Manhattan. This Thursday’s presentation is