Sam Bankman-Fried’s parents asked to pay back millions in FTX customer funds
The court-appointed FTX Debtors has filed a complaint in the U.S. Bankruptcy Court for the District of Delaware against Allan Joseph Bankman and Barbara Fried.
The court-appointed FTX Debtors has filed a complaint in the U.S. Bankruptcy Court for the District of Delaware against Allan Joseph Bankman and Barbara Fried.
John J. Ray III's second interim report indicates a solid reason to charge Friedberg over his alleged notorious history of covering up an insider cheating scandal, though doing so won't be easy.
CEO John J. Ray III tells lawmakers that what separates FTX's bankruptcy from other exchanges that went insolvent is that the former lacked record-keeping, making it seem like its crimes were “not sophisticated at all.”
Former DoJ prosecutor John Ghose said Binance "did not have a reputation of being a responsible exchange" as authorities look into hedge funds tied to the controversial exchange.
Sam Bankman-Fried launched a Substack account and insisted that FTX's U.S.-facing exchange "remains fully solvent" and would "return all customers' funds."
As Sam Bankman-Fried strives to talk his way out of prison ahead of the October trial, his attempts may be hindered by Ryan Salame, whose efforts are now centered on saving face.
FTX's Sam Bankman-Fried won't face a second trial for bribing Chinese officials, while Binance's Changpeng Zhao's bid to return to Dubai has been rejected for the second time.
The Securities and Exchange Commission and the New York Department of Financial Services had opposed the deal, the latter alleging Voyager had operated an unlicensed and illegal virtual currency business in New York.
The FTX exchange may have filed for bankruptcy protection but there’s no real defense against the sector-wide carnage this scandal has unleashed.
SBF was in Manhattan on July 26 trying to convince U.S. District Court Judge Lewis Kaplan not to tighten his bail conditions—a week after he leaked private writings of Caroline Ellison.
Self-appointed crypto-savior Changpeng "CZ" Zhao has committed the bulging resources of Binance to saving the digital asset industry, from a crisis he helped create. With friends like these…
Singapore-based Crypto.com responded to the loss of service by informing its customers that Euro deposits and withdrawals had been “temporarily disabled.”