2023-10-17 17:32 |
Nishad Singh, the latest member of Sam Bankman-Fried’s inner circle to testify, said his admiration for SBF turned to “shame” on discovering FTX execs enriched themselves with customer funds.
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In a recent development, it has come to light that advisers of bankrupt crypto exchange FTX have provided federal law enforcement agencies across the United States with customer account information and transaction records.
2023-11-4 23:00 | |
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FTX is accused of using customer deposits to repurchase Binance stake. An accounting professor hired by the US Department of Justice reveals over a billion dollars came from customer funds for the share buyback.
2023-10-19 12:16 | |
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Bankrupt FTX might claw back 15% from customers with claims over $250,000 from the platform nine days before its bankruptcy by requiring them to reduce claims, per an Oct. 16 statement. FTX is proposing a settlement to customers who withdrew more money from their accounts than they deposited in the 9 days before FTX filed […] The post FTX eyes return of $9 billion in customer funds through settlement proposal appeared first on CryptoSlate.
2023-10-17 13:00 | |
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An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.
2023-10-17 09:32 | |
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The third week of SBF’s trial has kicked off with the prosecution bringing former FTX engineering director Nishad Singh, another key member of the exchange’s leadership and SBF’s inner circle.
2023-10-17 03:38 | |
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The third week of FTX founder Sam Bankman-Fried’s historic trial begins as a former FTX customer and former Chief Engineer Nishad Singh takes the stand.
2023-10-17 00:54 | |
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Nishad Singh, former Alameda and FTX chief developer testified to $1.3 billion of customer funds invested in building Sam Bankman-Fried’s social capital and public image.
2023-10-17 00:44 | |
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Nishad Singh is the latest member of Sam Bankman-Fried’s inner circle to take the stand after pleading guilty.
2023-10-16 17:32 | |
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A filing last week suggests Sam Bankman-Fried's defense wants to get back to the argument that Bankman-Fried did not technically commit wire fraud because FTX’s terms of service were worded in such a way that there's no case to argue funds were misappropriated.
2023-10-16 13:00 | |
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A 75-minute recording obtained by Cointelegraph shows the exact moment former Alameda Research CEO Caroline Ellison told employees about their use of FTX customer deposits.
2023-10-13 09:00 | |
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Defense attorney Mark Cohen cross-examined former Alameda Research CEO Caroline Ellison after the witness said Sam Bankman-Fried cajoled her into making misleading social media statements and ordered loan repayments funded with stolen customer crypto.
2023-10-13 02:49 | |
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After an intense three days on the witness stand, Caroline Ellison, a former top deputy to FTX founder Sam Bankman-Fried (SBF), wrapped up her testimony on Oct. 12. The day was characterized by emotional revelations, critical audio recordings, and frequent judicial interventions.
2023-10-13 02:34 | |
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Genesis Global Trading navigates through legal storms, settling a $175 million lawsuit with FTX, while pausing customer withdrawals, unveiling the intricate fiscal maneuvers within the crypto industry.
2023-10-13 19:52 | |
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Alameda's CEO Caroline Ellison testified against SBF in the hearing on 10 October Ellison admitted that FTX's customer funds were used to buy back Binance's stake in the exchange The behind-The post Alameda CEO Ellison reveals all this about SBF at the latest hearing appeared first on AMBCrypto.
2023-10-11 03:00 | |
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Bankman-Fried's girlfriend and Alameda's ex-CEO took the stand on the second week of the trial, revealing that SBF used customer funds for political lobbying.
2023-10-11 00:58 | |
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Former Alameda CEO Caroline Ellison blames SBF for $14B FTX fraud after guilty plea, admits Alameda siphoned customer funds on his orders.
2023-10-11 21:30 | |
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It’s been less than a week since the federal government’s trial against FTX’s Sam Bankman-Fried began, but we’ve already heard from an FTX co-founder, a former developer, a customer and an investor.
2023-10-11 16:30 | |
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Kumanan Ramanathan who worked for a legal firm consulting for Sam Bankman-Fried’s crypto exchange was able to safeguard up to $500 million of customer funds on the day hackers attacked FTX.
2023-10-9 20:18 | |
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On day four of the criminal trial of former FTX CEO Sam Bankman-Fried, Gary Wang, who co-founded the now-bankrupt crypto exchange and served as its former chief technology officer (CTO), testified. During his testimony, the former FTX executive revealed details about the connection between the cryptocurrency exchange and Alameda Research.
2023-10-8 18:00 | |
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Gary Wang, co-founder and former chief technology officer (CTO) of the now-bankrupt FTX exchange, again took the stand on day four of former CEO Sam Bankman-Fried’s criminal trial. The former FTX executive disclosed the relationship between the cryptocurrency exchange and Alameda Research.
2023-10-7 14:30 | |
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The trial of former FTX CEO Sam Bankman-Fried started on Oct. 3. Four witnesses explained to jurors how $8 billion in customer funds went missing.
2023-10-7 03:08 | |
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FTX CTO Gary Wang admits helping SBF defraud customers by secretly giving Alameda access to deposits, leading to FTX's bankruptcy.
2023-10-7 22:12 | |
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Yedidia was involved in writing a buggy program to automate FTX customer deposits and withdrawals and was concerned by the size of the Alameda Research liability on the FTX books.
2023-10-6 00:33 | |
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Adam Yedidia, a former developer at FTX, testified regarding his knowledge of the crypto exchange’s use of funds, claiming “Alameda had used customer deposits to pay its loans.”
2023-10-6 18:57 | |
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Alameda Research used a secret backdoor in FTX to withdraw billions of dollars of customer funds, and some of the exchange's employees were aware
2023-10-5 15:07 | |
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The prosecution has charged FTX's SBF for the misappropriation of customer assets. The action doesn’t become legal due to the lack of crypto regulation, the DoJ claimed. The trial againstThe post Why SBF cannot fall back on U.
2023-10-4 15:30 | |
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SBF was accused of misappropriating customer funds in FTX's custody. Experts noted that the chances of SBF's conviction were high. Once seen as the face of cryptocurrencies, disgraced entrepThe post Sam Bankman-Fried and the spectacular collapse of FTX: Here's a rundown appeared first on AMBCrypto.
2023-10-3 16:00 | |
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Bankrupt crypto exchange FTX has lodged legal action against founder and former CEO Sam Bankman-Fried's parents, Joseph Bankman and Barbara Fried, alleging that they misappropriated millions of dollars of customer funds through their involvement in the exchange’s business.
2023-9-20 00:35 | |
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FTX confirmed that the breach affected none of its systems. The exchange launched the customer claims portal on 11 July, but it inexplicably went offline within an hour Bankrupt cryptocurrenThe post FTX resumes claims process after addressing cyber breach appeared first on AMBCrypto.
2023-9-18 14:00 | |
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FTX and FTX US are currently facing lawsuits involving claims worth $16 billion, with 10% already agreed upon. Additionally, there are 2,300 non-customer claims worth $65 billion.
2023-9-18 18:27 | |
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Defunct cryptocurrency exchange FTX announced the reopening of its customer claims portal, which was abruptly shut down due to a cybersecurity attack that compromised non-sensitive data. The exchange stated that no critical systems were compromised in the cyberattack, which targeted its designated bankruptcy claims agent Kroll.
2023-9-18 15:50 | |
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Following the cyber breach of non-sensitive data, bankrupt cryptocurrency exchange FTX has reactivated account access to its customer claims portal.
2023-9-18 05:08 | |
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FTX's bankruptcy estate manages a $7 billion portfolio that includes Solana, Bitcoin, and the Bahamas real estate, as court filings reveal a potential platform relaunch amidst staggering customer claims.
2023-9-12 01:32 | |
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An ex-executive of the FTX cryptocurrency exchange is set to plead guilty to criminal charges. The charges include the alleged donation of $24 million of stolen customer funds to US politicians. This development adds another layer of complexity to the ongoing trials surrounding the collapse of FTX and its founder, Sam Bankman-Fried.
2023-9-7 17:54 | |
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The yacht may have been a parting gift for Sam Trabucco, who resigned from Alameda in August 2022.
2023-9-3 21:36 | |
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Kroll, the claims agent working on the bankruptcy case for FTX, a once-prominent crypto exchange, has fallen victim to a cybersecurity breach. The breach, reported on Friday, has led to the compromise of non-sensitive customer data belonging to specific claimants.
2023-8-26 16:00 | |
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FTX has announced a cybersecurity breach involving its bankruptcy case claims agent, Kroll, exposing limited, non-sensitive customer data of specific claimants. On Aug. 25, the struggling crypto exchange used the X platform to notify customers, creditors, and the public about…
2023-8-25 14:27 | |
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Amid bankruptcy proceedings, FTX reveals a data breach via its claims agent, Kroll, leading to the exposure of specific customer data.
2023-8-26 11:38 | |
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A ‘cybersecurity incident’ affected Kroll, which gathers customer claim data on behalf of bankrupt companies.
2023-8-26 10:44 | |
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A ‘cybersecurity incident’ affected Kroll, which gathers customer claim data on behalf of bankrupt companies.
2023-8-25 10:44 | |
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The claims administrator for bankrupt cryptocurrency exchange FTX, Kroll, has suffered a cybersecurity breach exposing non-sensitive customer data. FTX assured that its own systems were unaffected and no passwords were compromised.
2023-8-25 08:29 | |
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FTX founder Sam Bankman-Fried appeared in court Tuesday to be arraigned after the latest indictment accused him of using customer funds for everything from buying personal real estate to political donations.
2023-8-22 16:21 | |
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The suit claims “shadowy entities” set up by Fenwick & West were allegedly used by FTX and former top executives to misappropriate customer funds.
2023-8-9 08:49 | |
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In a recent development, the bankrupt FTX crypto exchange has announced a draft creditor-repayment plan as part of its ongoing bankruptcy restructuring procedure. The freshly revamped exchange intends on clearing out its digital token FTT while settling customer claims in cash.
2023-8-1 15:00 | |
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The customer claims portal for insolvent cryptocurrency exchange, FTX, went offline shortly after its debut on July 10, leaving customers unable to make claims online
2023-7-12 19:29 | |
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FTX, the insolvent cryptocurrency exchange, encountered a setback as its newly launched customer claims portal unexpectedly went offline shortly after its debut. The portal, aimed at facilitating the submission of proof-of-claims by FTX creditors, devolved into the realm of disappointment when users discovered it had gone dark after only an hour of operation. The sudden […]
2023-7-12 17:00 | |
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Former customers will receive an email containing a link to the Customer Claims Portal.
2023-6-30 11:48 | |
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According to a recent Bloomberg report, FTX Trading Ltd. , the bankrupt cryptocurrency exchange, is suing its former top compliance officer, Daniel Friedberg, accusing him of enabling the misuse of billions of dollars of customer funds by company founder and alleged fraudster Sam Bankman-Fried.
2023-6-28 21:00 | |
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The latest report from FTX and its debtors contains startling revelations. Namely that the disgraced crypto exchange knew of a more than $8 billion hole as far back as April 2022. The post FTX Executives Knew of $8.
2023-6-27 23:52 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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FTX founder Sam Bankman-Fried filed to appeal his conviction and sentence for fraud and conspiracy charges on Thursday, hours before his deadline to do so.
A federal judge sentenced FTX founder Sam Bankman-Fried to a quarter-century in prison Thursday.
Sam Bankman-Fried's lawyers have pushed back against the U.S. government's sentencing memo which makes the case for why it thinks the former FTX CEO should be handed a sentence in the range of 40-50 years, a court filing on Wednesday shows.
Sam Bankman-Fried's defense team pushed back against what it called the "disturbing" sentencing memorandum filed by the Department of Justice last week in a new letter, saying the DOJ was making the FTX founder out to be someone he was not.
Rep. Patrick McHenry (R-N.C.), arguably the crypto industry's most important advocate in the U.S. Congress, has decided not to seek another term, sources told Politico on Tuesday.
The world's largest asset manager already made waves by seeking to list a bitcoin ETF
Damian Williams, the U.S. attorney for the powerful Southern District of New York, set an ominous warning following the conviction of former crypto kingpin Bankman-Fried.