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Tag: FTX

FTX founder Sam Bankman-Fried convicted of multi-billion dollar fraud
Business

FTX founder Sam Bankman-Fried convicted of multi-billion dollar fraud

November 3, 2023November 3, 2023

FTX founder Sam Bankman-Fried’s spectacular rise and fall within the cryptocurrency business hit all-time low Thursday when a New York jury convicted him of fraud

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FTX reports 5M in hacked crypto, former CEO denies fraud
Technology

FTX reports $415M in hacked crypto, former CEO denies fraud

January 18, 2023January 18, 2023

Bankrupt crypto change FTX stated in a report back to collectors on Tuesday that about $415 million in cryptocurrency had been stolen in hacks. FTX

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FTX’s former top lawyer aided US authorities in Bankman-Fried case
Business

FTX’s former top lawyer aided US authorities in Bankman-Fried case

January 5, 2023January 5, 2023

FTX’s former high lawyer Daniel Friedberg has cooperated with U.S. prosecutors as they examine the crypto agency’s collapse, a supply aware of the matter mentioned,

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Crypto lender BlockFi files for bankruptcy after FTX collapse
Technology

Crypto lender BlockFi files for bankruptcy after FTX collapse

December 27, 2022December 27, 2022

BlockFi, a lender within the troubled cryptocurrency universe, introduced Monday it had filed for chapter safety within the newest ripple impact from the FTX collapse.

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Cryptoverse: Messi takes on Ronaldo in fan coin ‘World Cup’
Technology

Cryptoverse: Messi takes on Ronaldo in fan coin ‘World Cup’

December 27, 2022December 27, 2022

Interest out there of fan tokens, a combination of crypto and sport is elevating as is the warmth within the desert of Qatar over the

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Former FTX CEO apologizes, says didn’t ‘try to commit fraud’
Technology

Former FTX CEO apologizes, says didn’t ‘try to commit fraud’

December 26, 2022

Sam Bankman-Fried, former chief government of collapsed cryptocurrency alternate FTX, apologized Wednesday in an interview for a “lot of mistakes” simply after the abrupt crash

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Rival exchanges try to reassure investors as regulators scrutinize FTX
Business

Rival exchanges try to reassure investors as regulators scrutinize FTX

December 26, 2022December 26, 2022

Last week’s collapse of the cryptocurrency change FTX saved bitcoin and different cryptocurrencies underneath stress on Monday, whereas rival exchanges sought to reassure jittery traders

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US Treasury chief urges more oversight of cryptocurrencies
Business

US Treasury chief urges more oversight of cryptocurrencies

December 26, 2022December 26, 2022

U.S. Treasury Secretary Janet Yellen referred to as for more practical oversight of cryptocurrencies Wednesday amid the current market meltdown. “The recent failure of a

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Bankrupt crypto exchange FTX owes top creditors over B
Business

Bankrupt crypto exchange FTX owes top creditors over $3B

December 25, 2022

The failed cryptocurrency trade FTX owes greater than $3 billion to its largest collectors, the corporate disclosed in a court docket submitting over the weekend.

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Former FTX CEO Bankman-Fried arrested in Bahamas
Technology

Former FTX CEO Bankman-Fried arrested in Bahamas

December 25, 2022

Sam Bankman-Fried, founder and former CEO of the cryptocurrency trade FTX, was arrested within the Bahamas on Monday on the request of the United States.

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