2023-10-5 14:10 |
The employees flagged their discovery to one of FTX's director of engineering Nishad Singh but the problem never got fixed. origin »
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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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Michael Lewis’ “Going Infinite” outlines how the FTX CEO was worried his employees had gotten too rich because SRM’s price had gone up so much. So, he made it impossible for them to sell for longer.
2023-10-4 01:08 | |
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FTX is suing its former employees and their companies for $157 million, alleging they made fraudulent withdrawals during a preferential period while the company was under bankruptcy proceedings. The post FTX Sues to Recover $157 Million in Preferential Transfers appeared first on BeInCrypto.
2023-9-22 17:45 | |
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It’s been almost a year since the collapse of FTX, but the failed crypto exchange continues to be surrounded by drama. In a flurry of moves to claw back funds for investors, FTX lawyers are now going after employees of Salameda Ltd.
2023-9-22 16:00 | |
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FTX has filed a legal action to recover $157. 3 million from the former employees of its Hong Kong affiliate, Salameda, according to a Sept. 21 court filing. The insolvent exchange named former Salameda staffers Michael Burgess, Lesley Burgess, Kevin Nguyen, Darren Wong, and Matthew Burgess as the defendants.
2023-9-22 15:00 | |
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Bankrupt crypto exchange FTX has opened a lawsuit against former employees of its Hong Kong affiliate company, Salameda, to recover $157.3 million.
2023-9-22 12:42 | |
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The bankrupt crypto exchange has sued former employees of Salameda, a Hong Kong-incorporated affiliate, to recover about $157.3 million.
2023-9-22 11:00 | |
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FTX has filed a lawsuit claiming that a former executive engaged in unethical practices using "hush money" to silence employees who could expose potential wrongdoing.
2023-6-28 18:10 | |
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While Binance, the world’s largest cryptocurrency exchange in the industry has thrived to be as secure and transparent as possible following the FTX saga, some of its employees have reportedly been doing some elicit acts to dent the company’s reputation.
2023-3-25 22:00 | |
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The failed crypto exchange made a total of $3.2 billion in payments to Bankman-Fried and other key employees.
2023-3-17 12:46 | |
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The agreement comes as a result of federal prosecutors looking to ban SBF from contacting current or former FTX and Alameda employees while on house arrest.
2023-2-7 03:55 | |
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Bankman-Fried’s current bail conditions bar contact with current or former employees of FTX and Alameda Research, something that the disgraced founder is alleged to be doing.
2023-2-3 06:38 | |
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Federal judge Lewis Kaplan has imposed communication restrictions on former FTX CEO Sam Bankman-Fried, as seen in a February 1 court filing. The post SBF restricted from using Signal, communicating with FTX employees appeared first on CryptoSlate.
2023-2-2 00:35 | |
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Sam Bankman-Fried could also be barred from accessing FTX and Alameda funds as part of his bail conditions, with a judge scheduled to discuss the matter in a Feb. 7 hearing.
2023-2-2 19:30 | |
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US prosecutors have requested that FTX founder SBF's bail condition be tightened because he may be involved in "witness tampering." The post US Prosecutors Want SBF Banned From Signal, Contacting FTX Employees appeared first on BeInCrypto.
2023-1-28 14:29 | |
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Prosecutors have asked the judge overseeing SBF's case to restrict communication between him and employees of FTX. SBF reportedly contacted the General Counsel of FTX in an attempt to influenceThe post FTX: Prosecutors ask judge to restrict communication between SBF and witnesses appeared first on AMBCrypto.
2023-1-28 12:30 | |
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Federal prosecutors wrote a letter to U.S. District Court Judge Lewis Kaplan on Friday, requesting that he modify the conditions of Sam Bankman-Fried’s bail to include ban on private communications with current and former employees of FTX and Alameda Research.
2023-1-28 05:41 | |
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The beleaguered bank was allegedly moving money between FTX and Alameda; then it sold debt at a discount and sacked employees after a bank run.
2023-1-7 00:30 | |
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FTX undertaking legal action to recoup payments by companies and former employees FTX plans to file lawsuits in case of failure on the part of political parties to return the donations CryptThe post FTX bears the brunt of SBF's decisions as it attempts to reclaim these funds appeared first on AMBCrypto.
2022-12-20 16:30 | |
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Founded in early 2022, Modulo operated out of the same luxury Bahamian condominium community where Sam Bankman-Fried and other FTX employees lived.
2022-12-20 00:05 | |
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2022-11-30 23:31 | |
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Former FTX CEO Sam Bankman-Fried (SBF) recently sent a letter to company employees. In addition to the usual string of apologies, he said that there might be a chance to save the company. The post SBF Letter to Staff: ‘Maybe Still a Chance to Save FTX’ appeared first on BeInCrypto.
2022-11-23 09:12 | |
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Former FTX CEO Bankman-Fried did not address concerns about customer funds being misappropriated or other recent revelations about the company.
2022-11-23 00:43 | |
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The FTX contagion had devastating effects on the Solana ecosystem. The Metaplex employees join the list of those directly affected by the FTX Fallout. The post Metaplex Layoff Staff as Solana Ecosystem Suffers Indirectly From FTX Fallout appeared first on BeInCrypto.
2022-11-19 19:12 | |
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Metaplex is the latest company to be affected by FTX's contagion as it laid of several employees. However, the protocol claims to have no direct exposure to the bankrupt crypto exchange.
2022-11-18 16:55 | |
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Sources told CoinDesk that FTX was used as a bank by many of its employees. Now, their money is probably gone.
2022-11-17 01:45 | |
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Bybit hopes to rescue FTX by offering relief funds to cater for the employees affected.
2022-11-14 18:00 | |
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Staff from FTX Japan and other subsidiaries found out about the insolvency filing on Twitter, CoinDesk was told.
2022-11-12 21:24 | |
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The offer comes as FTX files for Chapter 11 bankruptcy protections. Bankman-Fried has also resigned, entering the fifth day of the crypto exchange’s catastrophic meltdown due to a liquidity crunch.
2022-11-12 18:57 | |
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With the collapse of Sam Bankman-Fried’s FTX exchange, many of his skilled employees will likely have to seek new employment. Fortunately for them, the chief technology officer at Ripple Labs hinted that they may not have to look far.
2022-11-12 17:30 | |
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From buying Bahamas-based NFTs to offering bounties to FTX employees, users with balances stuck in FTX are trying whatever they can to withdraw their money.
2022-11-12 17:16 | |
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Ripple's CTO in a tweet today opened arms to employing Ex-FTX employees who were clean of the saga. The CTO further stated that Ripple could have bought FTX had it been in possession of the funds.
2022-11-11 16:19 | |
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Ripple executive sees opportunity in FTX crash as company actively evolves
2022-11-12 12:32 | |
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Binance CEO warns employees about trading FTT as FTX goes through a liquidity crunch and probable bankruptcy. Binance balks at its FTX buyout attempt Earlier yesterday, Wednesday, Binance CEO Changpeng Zhao posted a note sent to Binance Team Members on…
2022-11-11 23:28 | |
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This week has seen a significant decline in the fortunes of Sam Bankman-Fried, the founder and CEO of FTX, a CEX. He sent messages to his employees on Tuesday detailing his mis-steps.
2022-11-11 14:08 | |
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The head of Binance, Changpeng Zhao, published a letter to the employees of the bitcoin exchange, in which he commented on the FTX crisis and urged them to refrain from trading utility tokens of FTT’s competitor.
2022-11-10 23:10 | |
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Binance CEO reveals intriguing details of FTX deal in letter to employees
2022-11-10 19:15 | |
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The Series A funding round has brought Aptos Labs total capital raised in 2022 to $350 million. Aptos Closes $150 Million Funding Round Former Meta employees have raised $150 million...
2022-7-26 18:50 | |
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At Japan’s Liquid exchange, recently acquired by FTX, warnings were ignored, breaches unreported and employees berated and cursed at, insiders say.
2022-5-17 04:04 | |
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The largest deal in esports history also involves TSM FTX purchasing $1 million in FTT to distribute the cryptocurrency to its players and employees. The post FTX Exchange Buys 10-year Naming Rights to eSports Team, TSM, for 0 Million first appeared on BitcoinExchangeGuide.
2021-6-4 20:03 | |
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Кредиторы рухнувшей в 2022 году криптобиржи FTX подали коллективный иск в суд южного округа штата Флорида против юридической компании Sullivan and Cromwell (S&C), курирующей процедуру банкротства торговой платформы.
Банкротящаяся криптобиржа FTX выставила на продажу дочернюю компанию Digital Custody (DCI), ранее приобретенную за $10 млн. Актив должен уйти по цене всего $500 000. Юристы FTX запросили разрешение на продажу в суде по банкротству округа Делавэр (штат Нью-Йорк).
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
The futures and options exchange was purchased by FTX.US in 2021 to expand its spot trading services. Three other FTX assets remain up for sale.
FTX.US last purchased Ledger Holdings, the parent company of LedgerX, for $298 million in October 2021, according to audited financial documents viewed by CoinDesk.
FTX Trading and its affiliated debtors are looking to put LedgerX and its European and Japanese digital asset subsidiaries up for auction. The post FTX Bankruptcy Case: LedgerX and 3 Other Subsidies to Be Tentatively Sold Off appeared first on BeInCrypto.