Daniel Friedberg, who worked as an adviser of SBF from 2017 until FTX's implosion in 2022, faces charges over his alleged role as a "fixer" and for breaching his fiduciary duties.
Crypto's former wonder boy Sam Bankman-Fried could see himself landing in jail for 115 years after being found guilty of seven counts of fraud and conspiracy, with his sentencing set in March 2024.
The U.S. Court of Appeals for the Second Circuit rejected Sam Bankman-Fried’s bid to secure release from the Manhattan Detention Center ahead of the October 3 start of his criminal trial.
Kurt Wuckert Jr. joins Joshua Henslee for a special broadcast to discuss how Bitfinex and Tether relate to the FTX collapse, how the rats' nest is interlinked, and what it means for the industry.
In June, Sam Bankman-Fried said many 'crypto' companies are secretly insolvent while assuring that his firm, FTX, has enough to cover all client holdings, in contrast to what FTX personnel are claiming.
A few weeks before the collapse of FTX, Moonstone Bank partnered with fintech company Fluent Finance on a stablecoin venture to "accelerate crypto adoption by issuing US+ stablecoin."
SBF pleaded not guilty to charges that include wire fraud, commodities fraud, securities fraud, conspiracy to commit said frauds, and campaign finance violations.
The fact that billions in fresh capital allegedly continue to pour into Tether’s coffers despite the looming threat of more legal action will only fuel skepticism surrounding the existence of the fiscal reserves backing USDT.
Observers noticed on-chain records showing "hundreds of millions of dollars" worth of digital assets began leaving the FTX exchange’s wallets late on Friday night.
Tether CTO Paolo Ardoino gave an interview in which he celebrated Tether's ability to redeem $7 billion—10% of its alleged reserves—in one 48-hour period during last year's 'crypto' meltdown.
The DOJ is looking into the $372 million hack from FTX-controlled wallets that occurred the day after the embattled firm of former CEO Sam Bankman-Fried filed for Chapter 11 bankruptcy.
Another day, another flood of damning developments in the ongoing FTX debacle, with fears of contagion showing no sign of abating.
