FTX EU Launches New Website to Help European Customers Regain Lost Funds
CySEC directed FTX EU to halt all its operations on November 9, 2022.
SBF Pleads Not Guilty to Additional Charges, Including Bribing Chinese Government Official
On Thursday, embattled ex-FTX CEO SBF pled not guilty to the latest federal charges, which he also does not acknowledge.
Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors
Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the …
Israel Is Looking to Regulate Crypto Activity
The Tel Aviv Stock Exchange has announced it’s going to begin regulating all crypto trades in the coming future. Many analysts believe this is just the first step of what will likely be full crypto regulation in the country of Israel. Israel Is Looking at Steps for Crypto Regulation …
Sam Bankman-Fried pleads not guilty to bribery, charges from superseding indictment
The former FTX CEO’s legal team argued that though SBF had entered a not guilty plea, he did not acknowledge the new charges, which including bribed a Chinese government official. Lawyers for former FTX chief executive officer Sam Bankman-Fried have entered a not guilty plea for five additional charges since …
Crypto Exchange Gemini to Launch International Derivatives Exchange
The collapse of FTX in November might have played a major role in the decision of Gemini to foray into derivatives trading.
FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense
According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm …
Sam Bankman-Fried is paying for legal defense using previously gifted funds from Alameda: Report
The former FTX CEO reportedly gave Joseph Bankman roughly $10 million funded by a loan from Alameda Research as a part of a lifetime estate and gift tax exemption. Former FTX chief executive officer Sam Bankman-Fried, also known as SBF, is reportedly funding the legal team defending him against federal charges …
The Plot Thickens As Sam Bankman-Fried Is Accused Of Bribing Chinese Government Officials
Sam Bankman-Fried, better known as SBF, is in hot waters again. The founder of the failed FTX crypto exchange has been hit with an additional bribery charge.
Sam Bankman-Fried Is Using Alameda Funds to Pay for His Legal Bills: Report
Sam Bankman-Fried claimed to have only $100,000 to his name in the immediate aftermath of the FTX collapse. So how is he bankrolling his legal defense? A $11.7 Million Gift…