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...
FTX
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...
Judge Allows Lawsuit Against Silvergate for Alleged Complicity in FTX Fraud
TL;DR A federal judge allows a class-action lawsuit against Silvergate Bank for alleged complicity in fraud at FTX to proceed. The lawsuit alleges that Silvergate...
FTX receives judicial green light to sell Anthropic shares amid bankruptcy
TL;DR FTX gets court approval to sell Anthropic shares. Agreement reached between FTX and objecting clients allows the sale. Funds from the sale will be...