FTX
- Technology
FTX CEO Sam Bankman-Fried sentenced to 25 years in prison
San Francisco: Sam Bankman-Fried, the co-founder and CEO of collapsed crypto exchange FTX, was on Thursday sentenced to 25 years in prison in the US for seven counts of conspiracy and fraud…
- Business
Crypto firm Sinohope sees losses grow over 40%, no FTX funds in sight
Hong Kong: Cryptocurrency firm Sinohope Technology (formerly Huobi Technology) reported more than 40 per cent loss for the first nine months of 2023, as its funds are still stuck in the collapsed…
- Technology
FTX’s Sam Bankman-Fried found guilty on all 7 counts
New York: Sam Bankman-Fried, co-founder and former CEO of collapsed crypto exchange FTX, has been found guilty on all seven counts related to fraud and money laundering. The US Attorney’s office at…
- Technology
Did not defraud anyone or take customers’ funds: FTX’s Sam Bankman-Fried
San Francisco: Sam Bankman-Fried, former CEO of the collapsed crypto exchange FTX, has testified in a US court that he didn’t defraud the customers or take their funds. Bankman-Fried sat on the…
- Technology
Collapsed crypto exchange FTX claims USD 415 mn hacked
San Francisco: Bankrupt cryptocurrency exchange FTX has claimed that hackers stole nearly $415 million from its platform. FTX CEO John J. Ray III said that about $323 million was hacked from its…
- Business
Sam Bankman-Fried pleads not guilty to 8 counts of charges
New York: Sam Bankman-Fried, the former CEO of bankrupt crypto exchange FTX, has pleaded not guilty to fraud and money laundering charges. Bankman-Fried, also known as SBF, appeared at Manhattan federal court…
- Technology
Former FTX CEO Sam Bankman-Fried to enter ‘not guilty’ plea
San Francisco: Sam Bankman-Fried, the former CEO of bankrupt crypto exchange FTX, is reportedly set to enter a plea of ‘not guilty’ when he appears before the court on January 3. Bankman-Fried,…
- Business
The Bahamas seizes $3.5 bn in FTX digital assets as ex-CEO faces trial
San Francisco: The government in The Bahamas has seized $3.5 billion in FTX digital assets, as its former CEO Sam Bankman-Fried faces a trial in the US. The country’s Securities Commission took…
- Business
Only 2% of cryptocurrencies have a ‘healthy’ liquidity, finds study
New Delhi: As major crypto exchanges like FTX go bankrupt amid high volatility, almost 90 per cent of cryptocurrencies have a low trading volume, with just 2 per cent of crypto coins…
- Technology
Binance CEO says deposits returning after mega $1.14 bn withdrawals
New Delhi: Amid the FTX collapse saga, customers withdrew $1.14 billion in just 12 hours from leading crypto exchange Binance and according to its CEO, the massive withdrawals were “handled with ease”…
- Technology
Former FTX CEO Sam Bankman-Fried arrested in the Bahamas
San Francisco: Sam Bankman-Fried (SBF), the former CEO of bankrupt crypto exchange FTX, has been arrested in the Bahamas, as he was expected to testify online before the US House Financial Services…
- Technology
FTX collapse: US asks companies to disclose exposure to beleaguered crypto firms
San Francisco: In the wake of the collapse of crypto exchange FTX, the US Securities and Exchange Commission (SEC) has directed publicly-traded companies to tell investors about their involvement with struggling cryptocurrency…
- Technology
FTX CEO secretly gave $27 mn to crypto news site The Block, its CEO
San Francisco: Sam Bankman-Fried (SBF), former CEO of now bankrupt crypto exchange FTX, gave $27 million in a series of undisclosed loans to Michael McCaffrey, CEO of crypto news website The Block,…
- Business
FTX CEO unlikely to testify at US House Committee hearing on Dec 13
San Francisco: Sam Bankman-Fried (SBF), the CEO of now bankrupt crypto exchange FTX facing charges of swindling billions of dollars, said he is not prepared to testify before a US Congress committee…
- Business
Former FTX CEO has no stake in Twitter as a private company: Musk
San Francisco: Elon Musk on Thursday said that Sam Bankman-Fried (SBF), former CEO of bankrupt crypto exchange FTX, does not have any share in Twitter as a private company. Semafor publication first…
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