You Searched For "FTX" and got 20 results
Sort By:
2 mins read
Former Binance CEO Changpeng Zhao sentenced to four months in prison
Ex-Binance CEO Changpeng Zhao has been sentenced to four months in prison after being charged for v…
Aaron Mok
2 mins read
Binance's former CEO could be the richest US prison inmate ever if sentenced with his $43 billion fortune
Binance founder Changpeng Zhao has a $43 billion fortune, Bloomberg estimated, nearly double Sam Ba…
Jennifer Sor
1 min read
FTX is hoping to claw back the millions of dollars spent on celebrity promotions including Shaq and Naomi Osaka
FTX is looking into whether it can recover millions paid to celebrities like Naomi Osaka and Shaq a…
Pete Syme
1 min read
FTX spent $1 million removing one doorway and adding another after a dispute over feng shui, biography says
Sam Bankman-Fried's FTX employees argued about the location of a door in its old offices, relating …
Pete Syme
1 min read
Sam Bankman-Fried's dad helped market FTX's in-house cryptocurrency and became a key legal advisor, report says
SBF's dad is funding his son's legal defense with a $10 million gift, lawyers said. And he helped m…
Pete Syme
2 mins read
Caroline Ellison took a $22.5 million bonus from Alameda, FTX alleges
Caroline Ellison siphoned $22.5 million in bonus payments from Alameda, Sam Bankman-Fried's trading…
Sindhu Sundar
1 min read
To the moon! Suddenly the crypto market is back to its bubble-era peak.
What's different this time in the cryptocurrency market? Good question.
Peter Kafka
1 min read
FTX planned to purchase the Pacific island nation of Nauru to build an apocalypse bunker, lawsuit says
Sam Bankman-Fried's brother and an officer for the FTX Foundation non-profit also considered creati…
Pete Syme
3 mins read
The same day SBF promised his hedge fund wasn't getting special treatment, FTX gave it an unlimited line of credit which other customers didn't get
FTX cofounder Gary Wang testified Friday that Sam Bankman-Fried knew Alameda's line of credit on th…
Katie Balevic
5 mins read
FTX founder Sam Bankman-Fried sentenced to 25 years in prison
Sam Bankman-Fried was sentenced to 25 years in prison. SBF was previously found guilty of fraud and…
Katie Balevic,Jacob Shamsian,…
1 min read
Sam Bankman-Fried is paying his defense lawyers with $10 million of misappropriated FTX funds, lawsuit says
Sam Bankman-Fried is set to go to trial in October to face eight criminal charges including securit…
Pete Syme
2 mins read
The majority of altcoins launched since 2020 are dead, but bitcoin's latest rally could spark a revival
72% of crypto projects have died since 2020, with most coins disappearing last year, an new report …
Filip De Mott
1 min read
FTX customers who lost all their money when the exchange collapsed should blame the SEC, Mark Cuban says
Cuban slammed the financial watchdog's decision "to litigate to regulate" crypto firms, including S…
Zinya Salfiti
1 min read
Go check out this trove of photos showing Sam Bankman-Fried in his heyday in a private jet, penthouse, and FTX office — complete with a very messy desk
Sam Bankman-Fried's now well-known lifestyle of moving through powerful circles and living large is…
Sindhu Sundar
2 mins read
Sam Bankman-Fried says he never thought what he was doing at FTX was illegal
"I'm haunted, every day, by what was lost. I never intended to hurt anyone or take anyone's money,"…
Kwan Wei Kevin Tan
1 min read
SoftBank writes off about $100 million invested in bankrupt crypto exchange FTX
According to MarketWatch, the investment is now marked down to zero with SoftBank saying "it wou…
1 min read
Crypto exchange Coinbase to lay off more employees amid FTX saga
The layoffs were announced internally and the company is likely to sack around 60 employees in i…
2 mins read
FBI searches the $4 million home of former FTX exec Ryan Salame, report says
Former FTX executive Ryan Salame's attorney previously gave prosecutors information relating to a p…
Pete Syme
1 min read
It seems Peter Thiel's fund timed a reported $200 million crypto spending spree perfectly
The billionaire tech mogul's Founders Fund started snapping up bitcoin and ether in mid-2023, Reute…
George Glover
1 min read
FTX has recovered $7.3 billion, and the failed exchange could relaunch, lawyers say
FTX is considering its future, and that could mean a reboot, lawyers for the collapsed crypto excha…