Almost two years after FTX's
collapse impacted Solana's decentralized finance (DeFi) sector, Coinbase is
making an attempt to reintroduce bitcoin-based buying and selling to the Solana blockchain with
its new token, cbBTC. Launched lately, cbBTC is...
Caroline Ellison, the previous CEO of Alameda Analysis
and a key determine within the FTX fraud case, reported to a low-security federal
jail in Connecticut to start serving her two-year sentence. Ellison's cooperation with prosecutors...
A U.S. district court docket has ordered FTX and Alameda Analysis to pay $12.7 billion to fraud victims as a consequence of their misuse of buyer funds and fraudulent practices. Ian McGinley, Director...
The US federal appeals courtroom has ordered the
appointment of an impartial chapter examiner to research the collapse
of FTX, the cryptocurrency alternate as soon as headed by the now-convicted Sam
Bankman-Fried. This choice, reversing a...
In a current submitting on December 27, bankrupt cryptocurrency alternate FTX unveiled its compensation plan, triggering buyer outrage and discontent. The plan, which values prospects’ digital property on the time of FTX’s collapse,...