Bitcoin News / Google News Bitcoin - 5 months ago
Former FTX exec sentenced, and bitcoin miner Riot pursues takeover of Bitfarms - CNBC
Former FTX exec sentenced, and bitcoin miner Riot pursues takeover of Bitfarms& & CNBC
Bitcoin News / Google News Bitcoin - 5 months ago
Former FTX exec sentenced, and bitcoin miner Riot pursues takeover of Bitfarms& & CNBC
by COINS NEWS - 5 months ago
submitted by /u/0xJonnyDee [link] [comments]
Cryptocoins News / CoinJournal - 5 months ago
Ryan Salame sentenced to 90 months in prison. Former FTX executive’s sentencing comes two months after former CEO Sam Bankman-Fried was sentenced to 25 years in prison. Former FTX executive Ryan Salame has been sentenced to 90 months in priso...
Bitcoin News / Bitcoin.com - 5 months ago
Former FTX executive Ryan Salame was sentenced to seven and a half years in prison by Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York after pleading guilty to criminal charges, including engaging in an unlawful pol...
Bitcoin News / Bitcoinist - 5 months ago
Ryan Salame, a former high-ranking official at Alameda Research and co-CEO of bankrupt crypto exchange FTX, has been sentenced to 90 months in prison for his involvement in what the US Southern District of New York calls “illegal political cont...
by COINS NEWS - 5 months ago
submitted by /u/goldyluckinblokchain [link] [comments]
Bitcoin News / Bitcoinist - 5 months ago
In the wake of the collapse of FTX, the once prominent crypto exchange led by Sam Bankman-Fried, the luxurious real estate holdings acquired by the company will be put up for sale. According to a Bloomberg report, the liquidators overseeing FTX̵...
More / Bitcoin Reddit - 5 months ago
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by COINS NEWS - 5 months ago
submitted by /u/GoodSamoSamo [link] [comments]
Bitcoin News / Bitcoin.com - 5 months ago
An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed that the firm was neither involved in the fraud nor aware of the financial troubles that plagued the collapsed trading pla...
Bitcoin News / Bitcoinist - 5 months ago
According to a Bloomberg report, Sam Bankman-Fried, the co-founder of the FTX crypto exchange, has been transferred to a temporary detention center in Oklahoma, contrary to a federal judge’s request to keep him in New York to assist in his appe...
Bitcoin News / Bitcoinist - 5 months ago
The estate of bankrupt cryptocurrency exchange FTX has completed the sale of a substantial trove of discounted Solana (SOL) tokens, amounting to $2.6 billion. The auctions spanned several weeks and attracted buyers such as Figure Markets and Pantera...
More / Bitcoin Reddit - 5 months ago
Non-US citizen here. Would it be easier to just sell my claim (under 50k) at 84% to FTXcreditor or should I just wait it out? I’m in no hurry to use the money but I’m afraid that with the withholding tax that’s rumored to be 24%-30% of the final amou...
Bitcoin News / Bitcoin.com - 6 months ago
Prosecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for May 28, 2024. This recommendation contrasts sharply with Salame’s legal team’s plea for a more lenient pu...
Bitcoin News / Bitcoinist - 6 months ago
Heading into the year 2024, Bitcoin spot ETFs (exchange-traded funds) and the halving event were arguably the biggest narratives in the crypto space. The Securities and Exchange Commission (SEC) approved the first BTC spot products in the US early on...
Bitcoin News / Bitcoin.com - 6 months ago
Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange token FTT from the defunct trading platform rose above $2 per u...
Bitcoin News / Bitcoinist - 6 months ago
In a recent development, Sam Trabucco, a key figure in Sam Bankman-Fried’s inner circle, has resurfaced after his absence from the public eye following the collapse of crypto exchange FTX in late 2022. According to Bloomberg, Trabucco has come...
Bitcoin News / Bitcoinist - 6 months ago
Customers of the defunct FTX crypto exchange find themselves at the center of a complex bankruptcy case with potentially promising outcomes. While the process has been far from smooth, the recent surge in the crypto market has bolstered the value of...
by COINS NEWS - 6 months ago
submitted by /u/Electrical_Tension [link] [comments]
by COINS NEWS - 6 months ago
I read somewhere that the court will soon approve the FTX customer refund scheme, and within 60 of the court's approval the FTX customers should get up to 118% precent of their investments. Does anyone know if that refund will be in the form of f...
Bitcoin News / Google News Bitcoin - 6 months ago
Bitcoin price dips ahead of FTX and Mt Gox bankruptcy payouts& & Yahoo Finance UK
Bitcoin News / Bitcoinist - 6 months ago
In a surprising turn of events, bankrupt cryptocurrency exchange FTX recently announced a new repayment plan to reimburse creditors and customers in full. The plan also includes a substantial compensation offer to account for the time value of their...
by COINS NEWS - 6 months ago
submitted by /u/Beyonderr [link] [comments]
Bitcoin News / Bitcoin.com - 6 months ago
FTX is poised to repay nearly all its account holders fully, according to a reorganization plan presented in court. The bankrupt cryptocurrency exchange has raised about $15 billion mainly by selling investments from itself and its affiliate, Alameda...
Bitcoin News / Bitcoinist - 6 months ago
Bankrupt cryptocurrency exchange, FTX has unveiled a new repayment plan aimed at reimbursing creditors and customers in full and offering billions in the form of compensation for the time value of their investment. FTX To Reimburse Customers In Full...