Binance Faces Legal Setback as Supreme Court Rejects Petition for Review
TL;DR The US Supreme Court has declined to hear Binance’s appeal regarding a class-action lawsuit alleging the illegal sale of unregistered tokens, allowing the lawsuit...
Tag : FTX
FTX and Alameda’s Aggressive Legal Actions Highlight Need for Transparency and Education in Crypto
TL;DR Alameda Research sues Waves founder Aleksandr Ivanov for alleged market manipulation. The lawsuit seeks to recover $90 million in digital assets as part of...
FTX Customers Set to Receive Full Repayment Following Court Approval
TL;DR FTX has received court approval to reimburse customers whose cryptocurrencies were trapped after the platform collapsed. FTX’s accumulated assets could reach $16.5 billion, allowing...
Caroline Ellison Sentenced to Two Years in Prison for Role in FTX Collapse
TL;DR Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison for her role in the collapse of FTX. In...
Sam Bankman-Fried’s Family Involved in $100 Million Political Donation Scandal
TL;DR FTX Founder’s Family in Donation Scandal: Emails show Sam Bankman-Fried’s family helped donate over $100 million to political campaigns, possibly using FTX client funds....
Bankman-Fried to be Transferred to Prison in California
TL;DR Sam Bankman-Fried, the founder of FTX, is being transferred to a new prison in California as he seeks to appeal his 25-year sentence and...
Genesis Reaches Historic $2 Billion Settlement with New York Attorney General
TL;DR Genesis reaches a $2 billion settlement with the New York Attorney General to repay defrauded investors. The settlement includes the creation of a Genesis...
Sam Bankman-Fried: Behind Bars and Fighting for Innocence
TL;DR Sam Bankman-Fried, co-founder of FTX, maintains his innocence while serving a 25-year sentence for fraud. He has dedicated himself to the rice trade inside...
Bitcoin: Continuous Improvements in Liquidity Drive Growth Expectations
TL;DR The Bitcoin market has experienced improvements in liquidity since the collapse of FTX, especially with the approval of Spot ETFs. Liquidity refers to the...
FTX’s $247 Million Token Transfer: Market Implications
TL;DR FTX Treasury Wallet Activity: The FTX Treasury Wallet has transferred assets including 195.87 million FTT tokens (worth approx. $247 million), 2,010 ETH, and 6.36...