Tag: FTX
Nishad Singh Seeks Leniency for Minor Role in FTX Collapse
Former FTX executive Nishad Singh is seeking leniency from a US federal judge for his role in the collapse of the exchange. Singh's legal team emphasized his cooperation with authorities and the limited nature...
Title: Bitcoin and Solana Experience Huge Buying Pressure with FTX’s $16B Distribution Plan
In a recent development in the cryptocurrency world, FTX, the exchange previously run by Sam Bankman-Fried, who is now convicted, is set to distribute a massive $16 billion in cash to its customers. This...
FTX CEO Says Miami Heat Naming Rights Deal Is Partly Philanthropic
Why did cryptocurrency derivatives trade FTX agree to pay $135 million for its naming rights to a Miami stadium? For the good of humankind, says CEO Sam Bankman-Fried.Within an appearance Monday on CoinDesk TV's"First...
FTX’s Nishad Singh Sentenced in Crypto Exchange Collapse: No Prison Time
Nishad Singh, the former director of engineering at FTX, was sentenced to time served by a federal judge on Wednesday. This means that he will not be going to prison like some of his...
FTX Lawsuit Against KuCoin for $50 Million Asset Recovery
FTX, a bankrupt crypto exchange, has taken legal action against KuCoin in an attempt to recover more than $50 million in assets that were allegedly withheld by the exchange. According to court documents filed...
FTX and Bybit Reach $228M Settlement, Marking End of Epic Liquidation
FTX, a global exchange that faced bankruptcy, has recently secured a significant cash settlement of over $200 million from the crypto exchange Bybit. This influx of funds will contribute to the approved FTX dispersal...
FTX Settles $228 Million Dispute with Bybit Amid Bankruptcy Proceedings
FTX has recently settled a $228 million dispute with the crypto exchange Bybit and its affiliates, putting an end to a lawsuit that was filed in November 2023. The lawsuit was seeking to recover...
FTX Customer Sues Hedge Fund for Bankruptcy Payout Deal Breach
A former customer of FTX is taking legal action against a hedge fund for not honoring a deal regarding a bankruptcy payout. Alexander Nikolas Gierczyk claims that Olympus Peak, the hedge fund he sold...
FTX CEO Hoped Dog Bite Would Delay Prison, But Tucker Carlson Derailed Effort
Ryan Salame, a former senior executive of the failed crypto exchange FTX, made a last-ditch effort to delay his prison sentence due to a dog bite injury. However, his claims were rejected by a...
Sam Bankman-Fried: The FTX Journey, Extradition to the US, and the Future of Crypto...
Here he is extradited. The founder and former boss of the FTX cryptocurrency exchange platform, Sam Bankman-Fried, arrived in New York on the evening of December 21 on Wednesday. He must appear before a...
