2023-10-23 20:46 |
The trial of Sam Bankman-Fried is reaching a conclusion, with the prosecution set to rest its case on Oct. 26.
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In his recent prison interview with Tucker Carlson, Sam Bankman Fried maintained his innocence and expressed confusion as to why he was convicted of fraud. He argued that FTX was a legitimate service, and although there was a crisis, the company was still solvent.
Artificial intelligence startup Anthropic has secured $3.5 billion in its latest funding round, bringing its valuation to $61.5 billion. The round was led by Lightspeed Venture Partners, with participation from investors including Bessemer Venture Partners, Cisco Investments, D1 Capital Partners,…
A new survey suggests most FTX creditors will reinvest in crypto, but its Solana-heavy methodology casts doubt on broader market trends. The post Survey Claims Nearly 80% of FTX Creditors Will Reinvest in Crypto appeared first on BeInCrypto.
FTX creditors in several countries, China, Russia and Ukraine included, unable to participate in claims. The FTX bankruptcy estate is however said to be evaluating options. The FTX estate has begun its creditor repayments that could see more than $16 billion go to eligible creditors across the globe.
Crypto exchange Bybit said Friday that all liquidation data can now be accessible via its enhanced API. Bybit has made its liquidation data publicly available through an upgraded API, weeks after CEO Ben Zhou questioned CoinGlass’ Bitcoin liquidation estimates. In…
Defunct crypto exchange FTX will commence its next distribution on May 30, following initial repayment that started this week.
A scam group posing as FTX debt claimants defrauded two companies of more than $5.6 million, according to a new report from Inca Digital. The perpetrators allegedly used AI-generated identities and unauthorized access to bankruptcy records to execute the scheme.…