Tag: FTX
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...
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...
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...
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...
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...
