Jump Trading, a quantitative trading firm based in Chicago, faced significant losses exceeding $200 million due to the bankruptcy of FTX, a cryptocurrency derivatives exchange.
Category: Sam Bankman-Fried
Tom Brandy Feels Betrayed After FTX’s Downfall
FTX’s founder, Sam Bankman-Fried, secured strategic partnerships with sports icon Tom Brady and supermodel Gisele Bündchen. This influential figure has been ushered in as an
Sam Bankman-Fried Faces Fraud Trial Starting Tomorrow
Sam Bankman-Fried, the former founder of FTX, awaits his fate as a federal court prepares to commence proceedings tomorrow. Bankman-Fried faces allegations of defrauding both
DOJ to Summon FTX Clients, Investors, and Employees
The Department of Justice (DOJ) has confirmed its intent to bring forward former FTX customers, investors, and employees in the imminent trial against Sam Bankman-Fried,
Judge Maintains Detention Despite Being ‘Sympathetic’
As the high-profile fraud trial involving Sam Bankman-Fried (SBF), the indicted founder of the defunct FTX crypto exchange prepares to kick off next week, a
Judge Grants Permission to Question Political Donations
Since FTX filed for bankruptcy protection and its founder Sam Bankman-Fried bagged fraudulent charges, there have been many talks about his illegal donations and gifts
Are Sam Bankman Fried’s Parents Victim Or Culprit?
With the trial of Sam Bankman-Fried (SBF) fast approaching, a number of tough questions are flying around including seeking to know whether his parents, Joseph
Judge Denies Access to Witnesses in Sam Bankman-Fried’s Trial
Judge Lewis Kaplan, the presiding Judge in the trials of Sam Bankman-Fried (SBF), the embattled founder of the bankrupt FTX Derivatives Exchange has blocked access
US DOJ Asks Judge To Extend Sam Bankman-Fried Trial
The U.S. Department of Justice (DOJ) has asked Judge Kaplan to extend the trial date for FTX co-founder Sam Bankman-Fried. The criminal trial of Sam
FTX Files Lawsuit Against Sam Bankman-Fried’s Parents
Beleaguered crypto exchange FTX has filed a lawsuit against Sam Bankman-Fried’s parents Allan Joseph Bankman and Barbara Fried. Debtors FTX and Alameda Research aim to
