2023-11-4 23:00 |
On Nov. 2, Jury deliberation began in United States v Bankman-Fried over fraud allegations, conspiracy, and money laundering charges linked to FTX and Alameda's collapse. origin »
|
After less than five hours of deliberation, the jury found Sam Bankman-Fried (SBF) guilty of all seven charges levied against him by the U.S. government. SBF faces more than 100 years in prison for his role in defrauding FTX customers out of roughly $8 billion worth of their funds, primarily by giving Alameda Research special […] The post Sam Bankman-Fried found guilty on all 7 charges appeared first on CryptoSlate.
2023-11-3 02:58 | |
|
|
On Nov. 2, Jury deliberation began in United States v Bankman-Fried over fraud allegations, conspiracy, and money laundering charges linked to FTX and Alameda's collapse.
2023-11-3 23:00 | |
|
|
The FTX Token has performed well this year, significantly outperforming other cryptocurrencies as attention shifts to the impending fund distributions FTX Token (FTT) was trading at $3.50 on Monday, marking a rise of over 245% from its September lows, and…
FTX exec Ryan Salame’s prison sentence has been shortened by over a year, with his new release date set for March 2031. Ryan Salame, a former top executive at the failed cryptocurrency exchange FTX, reported to federal prison in October…
FTX debtors secured approximately $14. 5 million in November through small claim settlements, primarily from political donations, according to a Dec. 10 court filing. The recovered funds included $6 million from the House Majority PAC and $3 million from the Senate Majority PAC.
FTX has nearly finalized preparations for its court-approved repayment plan two years after the crypto exchange crashed due to bad corporate practices and fraud.
Gary Wang, the last of FTX’s executives to be sentenced, will serve no prison time after aiding prosecutors in decyphering Sam Bankman-Fried’s fraudulent empire.
FTX co-founder Gary Wang, convicted of misusing funds at a fictitious crypto exchange, may face punishment after his case goes to trial. On Nov. 13, prosecutors in the U.S. District Court for the Southern District of New York filed a…
Apple Studios and A24 are working on a movie about former FTX CEO Sam Bankman-Fried, adapted from the best-selling Michael Lewis book ‘Going Infinite: The Rise and Fall of a New Tycoon.’ According to a Variety report, Apple Studios and…