2024-11-11 12:27 |
FTX and Alameda’s “aggressive legal strategy” highlights the complexity of their financial issues after suing over 20 entities for funds, according to blockchain experts. origin »
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FTX sues Binance and Alameda targets Waves’ founder, reflecting an aggressive effort to reclaim assets following the exchange’s collapse. The post FTX and Alameda Seek $1.9 Billion in Binance, Changpeng Zhao (CZ), and Waves Lawsuits appeared first on BeInCrypto.
2024-11-11 12:09 | |
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During a recent appearance on Tucker Carlson's podcast, Salame claimed federal prosecutors unfairly targeted him for political reasons.
Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial and was convicted of seven felony counts and sentenced to 25 years in prison.
Sam Bankman-Fried faces 25 years behind bars, while the fate of four others indicted in the case has largely yet to be determined.
Sam Trabucco, who resigned as co-CEO of Alameda Research in August 2022, has largely remained absent from the public eye since the collapse of FTX.
FTX’s latest proposal could repay creditors as much as $16.3 billion, but some argue the plan still falls short of being fair.