• O’Neal has agreed to a $1.8 million payout to resolve allegations he misled investors through FTX promotion.• The sum exceeds…
Browsing: FTX
Gary Wang, the former chief technology officer and co-founder of FTX, received no prison sentence on Wednesday despite facing up…
What happened FTX filed lawsuit aganist Binance and former CEO Changpeng Zhao claiming a “fraudulent” share purchase aim to recover…
Caroline Ellison, 29, received two years’ prison for aiding Sam Bankman-Fried’s $8 billion fraud, despite her cooperation.
Prosecutors advocate leniency for Ellison, citing her instrumental role in securing Bankman-Fried’s conviction on fraud charges.
Bankman-Fried’s lawyer claims critical evidence was excluded, leading to a misleading narrative about FTX’s financial health.
A US court has ordered the defunct cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, as part of a settlement with the Commodity Futures Trading Commission (CFTC).
In court filings Tuesday, FTX stated that consumer class action lawsuits would jeopardise its $16B recovery plan for bankruptcy repayments.
This highlights the necessity of choosing reliable platforms for crypto transactions, urging investors to prioritise due diligence.
Former cryptocurrency mogul Sam Bankman-Fried (SBF) has been sentenced to 25 years in prison and fined $11 billion for his…
The bankrupt cryptocurrency exchange FTX plans to sell its remaining 41 million solana tokens to institutional investors for about $60 each.
Sam Bankman-Fried received a 25-year jail term after being found guilty of defrauding investors and consumers of his bankrupt company.