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Prosecutors Say Sam Bankman-Fried Will Not Face a Second Trial

Prosecutors Say Sam Bankman-Fried Will Not Face a Second Trial

US prosecutors will reportedly not pursue a second trial against former FTX CEO Sam Bankman-Fried (SBF).

in Breaking News by Jana Serfontein
FTX Revises Bankruptcy Plan, Crypto Claims Now Valued at the Time of Bankruptcy

FTX Revises Bankruptcy Plan, Crypto Claims Now Valued at the Time of Bankruptcy

Fallen crypto exchange FTX has revised its Chapter 11 bankruptcy plan. According to the amended plan, FTX debtors say cu...

in Breaking News by Jana Serfontein
IRS Claims $24 Billion in Unpaid Taxes from FTX, Further Delaying Victim Payouts

IRS Claims $24 Billion in Unpaid Taxes from FTX, Further Delaying Victim Payouts

The Internal Revenue Service (IRS) claims FTX owes it $24 billion in unpaid taxes, which may delay payouts further, as t...

in Breaking News by Jana Serfontein
FTX Bankruptcy Estate Sues Bybit to Recoup $953 Million

FTX Bankruptcy Estate Sues Bybit to Recoup $953 Million

The bankruptcy estate of failed crypto exchange FTX filed a lawsuit against Bybit, its investment arm, Mirana, and sever...

in Breaking News by Jana Serfontein
Gary Wang Testifies to Committing Crimes with Sam Bankman-Fried

Gary Wang Testifies to Committing Crimes with Sam Bankman-Fried

FTX co-founder Gary Wang testified under oath to committing multi-billion-dollar fraud along with Sam Bankman-Fried on t...

in Breaking News by Jana Serfontein
What Will Happen to Bitcoin Price As FTX Sell-Off Triggers Panic?

What Will Happen to Bitcoin Price As FTX Sell-Off Triggers Panic?

Investors are bracing themselves for a crypto crash as FTX gets the green light to sell its crypto holdings.

in Breaking News by Jana Serfontein
FTX Attorneys Face Second Lawsuit for Allegedly Aiding in Fraud

FTX Attorneys Face Second Lawsuit for Allegedly Aiding in Fraud

The law firm representing FTX, Fenwick & West, has been slapped with a class action lawsuit by a group of FTX customers...

in FTX by Jana Serfontein
FTX Exchange Might Relaunch, FTT Jumps in Value

FTX Exchange Might Relaunch, FTT Jumps in Value

Defunct crypto exchange FTX announced its plans for rebooting the platform and paying back its creditors; the FTT token...

in Crypto by Olga Krasilnikova
Department of Justice Drops Charges Against Sam Bankman-Fried

Department of Justice Drops Charges Against Sam Bankman-Fried

The US Department of Justice announced that it had dropped the charges of illegal campaign finance activity against the...

in FTX by Olga Krasilnikova
SBF Agrees To Gag Order After Putting Bail Status In Jeopardy

SBF Agrees To Gag Order After Putting Bail Status In Jeopardy

SBF came under fire for conducting an interview with the NYT, which prosecutors have claimed amounts to witness tamperin...

in FTX by Amara Khatri