FTX

Signature Bank Names Its COO as New CEO Following Crypto Troubles
Signature Bank Names Its COO as New CEO Following Crypto Troubles
February 16, 2023  |  Personnel

Signature Bank has named a new chief executive following a stretch of cryptocurrency-related headaches. Joseph DePaolo, the bank’s longtime president and CEO, will move into...

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Independent Examiner Too Expensive, Rules FTX Crypto Judge
Independent Examiner Too Expensive, Rules FTX Crypto Judge
February 15, 2023  |  Cryptocurrency

Firms working on the FTX bankruptcy case have already billed tens of millions of dollars. That could be why federal bankruptcy Judge John Dorsey on...

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FTX Looks to Recover $400M From Hedge Fund Modulo
FTX Looks to Recover $400M From Hedge Fund Modulo
February 15, 2023  |  Legal

FTX is reportedly negotiating the return of $400 million invested by its disgraced founder. Sam Bankman-Fried invested that money in Brazilian hedge fund Modulo Capital, the New...

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Sequoia Named in Lawsuit for Adding ‘Legitimacy’ to FTX
Sequoia Named in Lawsuit for Adding ‘Legitimacy’ to FTX
February 15, 2023  |  Cryptocurrency

FTX investors have reportedly sued three investment firms for propping up the bankrupt crypto exchange. Sequoia Capital, Thoma Bravo and Paradigm are among the venture...

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Lawyers Say Bankman-Fried Needed VPN to Watch Super Bowl LVII
Lawyers Say Bankman-Fried Needed VPN to Watch Super Bowl LVII
February 15, 2023  |  Legal

House arrest isn’t getting any sweeter for disgraced FTX crypto founder Sam Bankman-Fried. While the 2023 Super Bowl was notably absent crypto advertisements this year,...

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Bankman-Fried SEC Case Postponed Until After Criminal Trial
Bankman-Fried SEC Case Postponed Until After Criminal Trial
February 14, 2023  |  Legal

The federal government’s civil cases against Sam Bankman-Fried are on hold, at least for now. A court ruling Monday (Feb. 13) postponed lawsuits by the...

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The Four Cracks in the Crypto Business Model
The Four Cracks in the Crypto Business Model
February 10, 2023  |  Cryptocurrency

The four horsemen of the crypto apocalypse are currently trampling over the sector’s 2023 aspirations. This, as the post-FTX digital asset landscape finds itself facing...

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Robinhood Looks to Retake 55M Shares Tied to FTX Case
Robinhood Looks to Retake 55M Shares Tied to FTX Case
February 09, 2023  |  Legal

Robinhood hopes to buy back 55 million shares from Sam Bankman-Fried’s Emergent Fidelity Technologies. The trading platform said during its earnings call on Wednesday (Feb....

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Patience Wearing Thin for Judge Overseeing Bankman-Fried FTX Case
Patience Wearing Thin for Judge Overseeing Bankman-Fried FTX Case
February 08, 2023  |  Legal

Sam Bankman-Fried is heading back to New York to face a federal judge once more.  This, as the disgraced FTX founder and his legal team...

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