FTX
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Sam Bankman-Fried’s Fate Hangs In Balance As Prosecutors Seek 40-50 Year Prison Term
Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, may face 40 to 50 years in prison as federal prosecutors argue he orchestrated…
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FTX Settles European Expansion Dispute For $33M
Bankrupt crypto exchange FTX has settled a lawsuit involving its failed European expansion, agreeing to pay $33 million instead of the initially…
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FTX’s Creditors File Lawsuit Against Sullivan & Cromwell Amid Bankruptcy Proceedings
The embattled cryptocurrency exchange FTX has launched a legal action against law firm Sullivan & Cromwell (S&C) over allegations of fraud involvement.…
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FTX Dumped $1B Holding In Grayscale, Nearly Half Of Outflows After Fund Conversion
Embattled crypto exchange FTX sold all its 22 million shares in Grayscale Bitcoin Trust since it became an exchange-traded fund (ETF). The…
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FTX’s Former CEO Sam Bankman-Fried To Skip Second Trial
The US prosecutors have decided not to pursue a second trial against the former CEO of FTX, Sam Bankman-Fried. Prosecutors conveyed their…
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Legendary Basketball Player Shaquille O’Neal Served In $1B FTX Class Action Lawsuit
Basketball hall of famer Shaquille O’Neal has finally been served a class action lawsuit against collapsed crypto exchange FTX, founder Sam Bankman-Fried,…
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FTX Recovers US$7.3B; News Circulates Around An Exchange Reboot
FTX exchange has successfully recovered US$7.3B in assets and plans to restart the exchange, and revealed its reorganization plan in July and…
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FTXs Latest Bankruptcy Report Details Poor Financial Management And Cybersecurity
The once loved, now disgraced crypto exchange FTX has had further details about the company’s inner workings released in its latest bankruptcy…
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FTX’s Alameda Research Sues Grayscale For $9B In Efforts To Recover Lost Funds
The trading arm of the failed crypto exchange FTX, Alameda Research, is suing asset management company Grayscale Investments in renewed efforts to…
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Silvergate Drops Over 50% In A Trading Day; Sees Its Biggest Clients Halting Business With The Bank
On Wednesday, Silvergate closed the day at $13.53; on Thursday, they closed at $5.75. A 57% loss in 2 days – what…