Bankman-Fried Could Reduce His Sentence and Be Released Earlier Than Expected
TL;DR Sam Bankman-Fried will be released from prison in December 2044, more than four years before completing his 25-year sentence. The reduction is due to...
Tag : FTX
Sam Bankman-Fried Transferred to Low-Security Prison
TL;DR Sam Bankman-Fried, co-founder of FTX, has been moved to a low-security federal prison in California. The transfer is considered a standard measure due to...
FTX Denies Millions in Claims Over Missed KYC Deadline
TL;DR FTX has denied about $300M in claims from users who missed the March 3 KYC deadline, following a court order allowing non-compliant claims to...
Sam Bankman-Fried Reappears from Prison and Praises the Efficiency of DOGE
TL;DR From jail, Sam Bankman-Fried, the former CEO of FTX, has returned to writing on X after two years of silence. His posts did not...
FTX: Assets Over $65B Before Bankruptcy—What Does This Mean for the Future of Crypto?
TL;DR The bankruptcy of FTX in November 2022 left a significant void in the cryptocurrency market. However, recent reports reveal that before its collapse, the...
Bankman-Fried’s Parents Turn to Trump in Search of a Presidential Pardon
TL;DR Sam Bankman-Fried’s parents, founders of FTX, are exploring a potential presidential pardon from Donald Trump to reduce his sentence. Trump advances pro-crypto regulations, including...
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...
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...