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John Ray exposes ‘vast’ harm to FTX customers, counters SBF’s solvency claims
FTX CEO John Ray III has debunked Sam Bankman-Fried’s (SBF) claims about the level of losses suffered by users of the defunct exchange. In a March 20 letter to Judge Kaplan, Ray said Bankman-Fried’s statements were “categorically, callously, and demonstrably false” because the exchange users would “never be in the same position they would have […] The post John Ray exposes ‘vast’ harm to FTX customers, counters SBF’s solvency claims appeared first on CryptoSlate. дальше »
2024-3-21 14:22 | |
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Is FTX’s Sam Bankman-Fried Ditching Prison? Lawyers Reveal Daring Next Steps
A recent court filing revealed plans that the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), had drafted to ensure he avoids jail term. SBF, whose sentencing comes up on March 28, faces the possibility of spending up to 100 years locked behind bars. дальше »
2024-3-19 21:00 | |
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Court upholds SEC’s unregistered securities claims against Gemini, Genesis’ Earn program
A federal court denied crypto exchange Gemini and Genesis Global Capital’s joint motion to dismiss the SEC’s case regarding their defunct Gemini Earn program, according to a March 13 filing. дальше »
2024-3-14 23:31 | |
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Gemini and Genesis Can Be Sued by SEC Over Defunct Earn Product, Judge Rules
A New York judge has ruled that the U.S. Securities and Exchange Commission (SEC) case against crypto lender Genesis and crypto exchange Gemini will be allowed to move forward, denying the two defendants’ motions to dismiss in a Wednesday court filing. дальше »
2024-3-14 22:40 | |
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FTX secures court approval to sell 8% Anthropic stake
Defunct crypto exchange FTX has secured court approval to sell its stake in artificial intelligence (AI) startup Anthropic Holdings, potentially adding over $1 billion to its assets earmarked for repaying creditors. дальше »
2024-2-24 00:02 | |
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FTX Exchange Saga: Law Firm Handling Bankruptcy Accused Of Complicity In Fraud
In an interesting development, FTX creditors have launched a class action lawsuit against Sullivan and Cromwell (S&C), the law firm that is currently responsible for handling the bankruptcy proceedings of the defunct exchange. дальше »
2024-2-19 10:38 | |
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Nearly 60% of coins listed on CoinMarketCap died in 2023, data shows
A new research report conducted by AlphaQuest and Storible shows that among 12,343 crypto projects investigated, over 8,850 have become defunct in the past year. The latest crypto winter wiped out more than half of cryptocurrencies listed on CoinMarketCap, what… дальше »
2024-2-17 13:00 | |
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Judge approves sealed settlement between BlockFi and 3AC
In a pivotal development for BlockFi and Three Arrows Capital (3AC), a United States judge, Michael Kaplan, in a court hearing on Tuesday provided the legal nod to a settlement that puts an end to the financial disputes between the crypto lender and the defunct crypto hedge fund. BlockFi had asserted a claim of $129 […] дальше »
2024-2-8 12:02 | |
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