FTX News
Former SBF Lieutenant Nishad Singh Avoids Jail in FTX Case
Former FTX chief engineer Nishad Singh avoided prison time over his role in the multibillion-dollar fraud at the cryptocurrency exchange.
2 min read31 Oct 2024FTX Customer Says Hedge Fund Cheated Him on Bankruptcy Gains
An FTX customer sued the hedge fund that bought his claim in the bankrupt cryptocurrency exchange, claiming that Olympus Peak underpaid him while it stands to make more than $1 million from their deal.
1 min read12 Oct 2024FTX's Ryan Salame posts about 7.5 years jail term on LinkedIn, updates his ‘job’ and ‘experience’ on site
FTX Saga: Ryan Salame, a former FTX executive, begins a 7.5-year prison sentence for campaign finance violations. He expressed frustration over his treatment and claims he entered a guilty plea to protect his wife from prosecution.
1 min read11 Oct 2024Bankman-Fried's ex-girlfriend Ellison gets two-year sentence over crypto fraud
USA-BANKMANFRIED/ELLISON (UPDATE 1, PIX):UPDATE 1-Bankman-Fried's ex-girlfriend Ellison gets two-year sentence over crypto fraud
4 min read25 Sep 2024Ex-FTX Executive Salame Says US Broke Deal on Girlfriend Probe
Former FTX executive Ryan Salame has asked a US judge to either vacate his conviction or block any indictment of his girlfriend, alleging prosecutors reneged on a deal to stop investigating her if he entered into a plea agreement.
2 min read22 Aug 2024Crypto exchange FTX ordered to pay $12.7 billion to customers, US CFTC says
FINTECH-CRYPTO/FTX (UPDATE 2, PIX):UPDATE 2-Crypto exchange FTX ordered to pay $12.7 billion to customers, US CFTC says
1 min read8 Aug 2024Sam Bankman-Fried’s campaign spending spree was a family affair
The fallen crypto tycoon’s brother and mother directed donations to politicians, while his father weighed in with tax advice, previously undisclosed emails show.
4 min read5 Jul 2024Crypto exchange FTX is the rare financial blowup that will repay victims in full
Defunct cryptocurrency exchange FTX said it will have more than enough money to fully repay its millions of swindled customers with interest, an outcome that seemed unthinkable when it collapsed into bankruptcy in 2022.
5 min read9 May 2024FTX files amended reorganization plan, expects $14.5-16.3 billion for distribution
FTX said it has anticipated the figure based on monetizing assets, most of which were investments owned by Alameda Research, a crypto-focused hedge fund controlled Sam Bankman-Fried, FTX Ventures businesses, and litigation claims.
1 min read8 May 2024FTX Has Billions More Than Needed to Pay Bankruptcy Victims
Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries under the company’s bankruptcy.
2 min read8 May 2024