by COINS NEWS - 1 month ago
My KYC was approved at the start of the bankruptcy case, but suddenly in mid-September, they put it "on hold," requesting more documents to match the funds in my account. I provided CSV files from the exchange where the money was earned and...
Bitcoin News / Bitcoinist - 1 month ago
Caroline Ellison, the former CEO of Alameda Research and key witness in the prosecution of her ex-partner Sam Bankman-Fried (SBF), was sentenced to two years in prison on Tuesday for her part in the FTX fraud.Β
The sentencing took place on Tuesday in...
Bitcoin News / Bitcoinist - 1 month ago
According to a report by Fortune, Sean “Diddy” Combs and the former CEO of the collapsed FTX crypto exchange, Sam Bankman-Fried, two once prominent figures in their respective fields, now share a dormitory at the Metropolitan Detention Ce...
Cryptocoins News / CoinJournal - 1 month ago
Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison.
Ellison will also forfeit $11 billion
Caroline Ellison, the former chief executive officer of Alameda Research, has been handed a 24-month prison sentence....
Bitcoin News / Bitcoinist - 1 month ago
As the year draws to a close, significant developments are emerging from the fallout of the defunct cryptocurrency exchange FTX, once led by convicted founder Sam Bankman-Fried. After months of anticipation, there are signs that payouts to FTX custom...
by COINS NEWS - 2 months ago
"Final court approval set for October 7th. If approved, the estate will have 60 days to make distributions out to creditors." Thoughts? Bullish? submitted by /u/davink91 [link] [comments]
Cryptocoins News / Finance Magnates - 2 months ago
Prager Metis, the accounting firm that audited FTX, has agreed to pay $745,000 in civil penalties to settle misconduct allegations brought by the Securities and Exchange Commission (SEC) in connection with its audits of the now-collapsed crypto excha...
Bitcoin News / Bitcoinist - 2 months ago
The US Securities and Exchange Commission (SEC) has settled with audit firm Prager Metis, which has agreed to pay $1.95 million to resolve misconduct allegations related to its audits of the now-defunct cryptocurrency exchange FTX.Β
$745,000 Over FTX...
Bitcoin News / Bitcoin.com - 2 months ago
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and...