Explainer-What charges does Sam Bankman-Fried face over FTX’s collapse?
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried is set to go on trial on Tuesday on fraud and conspiracy charges related to the collapse of FTX, the now-bankrupt cryptocurrency exchange…
FTX’s Bankman-Fried to plead not guilty to campaign finance, China bribery charges
By Luc Cohen NEW YORK (Reuters) – Indicted FTX cryptocurrency exchange founder Sam Bankman-Fried is expected to plead not guilty on Thursday to new U.S. criminal charges, which include conspiring to violate…
U.S. examining crypto wallets linked to FTX’s Bankman-Fried – Bloomberg News
(Reuters) – Federal prosecutors are looking into a series of crypto transactions that online analysts have tied to digital wallets associated with Sam Bankman-Fried, Bloomberg News reported on Friday, citing a person…
FTX’s Bankman-Fried could face long road to fraud trial
By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried was swiftly indicted after the collapse of his crypto empire, but a trial in New York is likely more than a year away…
FTX’s ‘Unsophisticated’ Leaders Blew Billions On ‘Spending Binge’ For Overpriced Assets, CEO Says
FTX’s ‘Unsophisticated’ Leaders Blew Billions On ‘Spending Binge’ For Overpriced Assets, CEO Says John Hugh DeMastri on December 13, 2022 Crpyto exchange FTX mishandled billions of dollars of customer funds and went…
Bankman-Fried charged with fraud in FTX’s collapse
(Reuters) – Here are reactions to accusations of fraud and other charges brought on Tuesday against Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX. OMID MALEKAN, adjunct professor at…
FTX’s LedgerX attracts interest from Blockchain.com, Gemini- Bloomberg
(Reuters) – FTX’s digital currency futures and clearinghouse LedgerX is up for sale and has attracted interest from crypto firms including Blockchain.com, Gemini, Bitpanda and Kalshi, Bloomberg reported on Friday, citing people…
FTX’s Sam Bankman-Fried cashed out $300 million during funding spree – WSJ
(Reuters) – FTX founder Sam Bankman-Fried sold a stake in the company worth $300 million when the crypto exchange raised capital last year, the Wall Street Journal reported on Friday, citing the…
Explainer-What’s next in FTX’s bankruptcy
By Dietrich Knauth (Reuters) – Crypto exchange FTX filed for Chapter 11 bankruptcy protection in the United States on Friday following its precipitous collapse, saying it could owe money to more than…
FTX’s new CEO helped bolster Enron victims’ recovery
By Dietrich Knauth and Brendan Pierson (Reuters) – FTX Trading’s new CEO John J. Ray III, a lawyer tapped to lead the collapsed crypto exchange’s restructuring, previously oversaw the $23 billion bankruptcy…
FTX’s founder Bankman-Fried says he failed to see warning signs – NYT
(Reuters) – FTX founder and former Chief Executive Sam Bankman-Fried said he expanded his business too fast and failed to notice signs of trouble at the exchange, whose downfall sent shock waves…
Crypto clearinghouse LedgerX withdraws FTX’s request last year to CFTC
(Reuters) – Digital currency futures and options clearinghouse LedgerX LLC submitted to the U.S. Commodity Futures Trading Commission a formal withdrawal of FTX’s request from December last year that sought to allow…
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