Tag: FTX

Appeals Court docket Orders Appointment of Examiner for FTX

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...

Bankrupt FTX Stirs Controversy With Reimbursement Plan: Bitcoin Valued At $16,000 For Prospects

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,...

Ethereum Insider Drops Bombshell: ETH Founders’ Fraud Greater Than FTX Fraud

An Ethereum insider has made allegations in opposition to Ethereum’s founders, claiming that their fraudulent actions far surpass these seen within the infamous FTX fraud case.  Ethereum’s Credibility Below Highlight Legal professional and former Advisor...

FTX advisers sharing clients’ knowledge with FBI: Report

Advisers for bankrupt crypto trade FTX have been disclosing knowledge from clients’ transactions and accounts with the Federal Bureau of Investigation (FBI), based on courtroom paperwork seen by Bloomberg. In response to subpoenas issued...

CySEC Prolongs FTX License Suspension till March 2024

The Cyprus Securities and Change Fee (CySEC) has prolonged the suspension of the authorization of FTX EU Ltd till March 31, 2024. This resolution is in response to the market instability brought about when FTX and...

FTX Authorized Counsel Takes The Stand: A Testimony That Might Ship Sam Bankman-Fried To Jail

The trial of the previous CEO of the defunct crypto trade FTX, Sam Bankman-Fried (SBF), continued on October 19 with the witness testimony of Can Solar, a former Common Counsel at FTX. Throughout...

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