Binance Founder Changpeng Zhao, once considered the most powerful figure in the crypto world, was sentenced to four months in prison for violating anti-money laundering rules. In a Tuesday hearing,...
The collapse of FTX, a prominent cryptocurrency exchange, which led to the subsequent sentencing of its co-founder, Sam Bankman-Fried, has raised multiple questions regarding the legitimacy of such platforms. Notably,...
The recent sale of 41 million locked Solana (SOL) tokens by FTX, totaling an impressive $7.5 billion, has sparked speculation and debate among investors. As investors closely monitor these developments,...
According to Bloomberg, the fate of disgraced FTX founder Sam Bankman-Fried (SBF) now hinges on persuading the judge that his crime is not similar to Bernie Madoff, who is arguably...
In a recent legal filing, John J. Ray III, CEO of the bankrupt FTX exchange, disputed the claims made by former CEO Sam Bankman-Fried regarding the impact of the exchange’s...
Lemma Technologies, a Panamanian firm controlled by an embattled South Korean trader, has backed down from a bankruptcy deal over an FTX distressed asset. According to reports, Lemma refused to...
FTX, the bankrupt crypto exchange, has reportedly filed a motion with the court to sell its stake in Anthropic, an artificial intelligence (AI) company. Anthropic is currently valued at $18...
FTX customers object to a compensation plan that excludes crypto market gains over the past year. More than 80 individuals have filed objections challenging the valuation strategy. FTX pegs customers’...
Silicon Valley’s Proof Group, known for its recent successful bid on the bankrupt crypto lender Celsius as part of the Fahrenheit consortium, is reportedly in contention to revitalize the defunct...