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Search Results for: ftx

FTX’s Gary Wang avoids jail, gifts feds fraud detection tool
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22 November, 2024

FTX’s Gary Wang avoids jail, gifts feds fraud detection tool

Unlike his fallen FTX comrades, Gary Wang's decision to take the "cowardly path" resulted in him avoiding jail time and...
FTX sues Binance, CZ to reclaim $1.76B in fraudulent transfers
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12 November, 2024

FTX sues Binance, CZ to reclaim $1.76B in fraudulent transfers

The FTX suit seeks to claw back $1.76B in fraudulent transfers to be determined at trial; former Binance execs Xiao...
FTX pursues $99 million from jailed former executive
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11 November, 2024

FTX pursues $99 million from jailed former executive

FTX claims that Ryan Salame misappropriated $98.8 million from the exchange just before its collapse, despite knowing it was comingled...
FTX execs await sentencing as Alameda’s Ellison gets 2 years
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30 September, 2024

FTX execs await sentencing as Alameda’s Ellison gets 2 years

Caroline Ellison's testimony against SBF earned her a reduced sentence of 2 years in prison instead of a free card...
Bahamas shores up digital asset loopholes with DARE Act, 2 years after FTX implosion
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5 August, 2024

Bahamas shores up digital asset loopholes with DARE Act, 2 years after FTX implosion

When FTX moved to the Bahamas in 2021, the government said it was proof the country was becoming a tech...
FTX’s Ryan Salame gets 90 months in prison, tweets ‘trust me, bro’
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30 May, 2024

FTX’s Ryan Salame gets 90 months in prison, tweets ‘trust me, bro’

The 7.5-year sentence that U.S. District Judge Lewis Kaplan imposed was higher than the five to seven years prosecutors had...
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