FTX

SBF May Be 57 When He Finishes Serving Time
SBF May Be 57 When He Finishes Serving Time
March 28, 2024  |  Legal

When the facts are crystal clear, often the only recourse is to appeal to emotion. That’s the tack that convicted crypto criminal and former FTX CEO Sam Bankman-Fried’s...

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FTX Creditors: Bankruptcy Estate Could Have Revived ‘Thriving’ Business
FTX Creditors: Bankruptcy Estate Could Have Revived ‘Thriving’ Business
March 27, 2024  |  Cryptocurrency

Earlier this year, bankrupt cryptocurrency firm FTX called off plans to resurrect its exchange. And that was a missed opportunity, some of the company’s creditors told The Wall Street...

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FTX’s Stake in Anthropic Draws Sovereign Wealth Fund Investors
FTX’s Stake in Anthropic Draws Sovereign Wealth Fund Investors
March 24, 2024  |  artificial intelligence

Investors are reportedly lining up to purchase FTX’s stake in artificial intelligence (AI) company Anthropic. But as CNBC reported Friday (March 22), sources say that while the company...

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FTX CEO Slams Bankman-Fried’s ‘Nonexistent’ Remorse
FTX CEO Slams Bankman-Fried’s ‘Nonexistent’ Remorse
March 21, 2024  |  Legal

FTX’s CEO says Sam Bankman-Fried’s deception didn’t stop with his fraud conviction.  In a victim impact statement filed Wednesday (March 20) ahead of Bankman-Fried’s sentencing...

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Sam Bankman-Fried’s Defense Team Says Prosecutors’ Proposed Sentence Is ‘Medieval’
Sam Bankman-Fried’s Defense Team Says Prosecutors’ Proposed Sentence Is ‘Medieval’
March 20, 2024  |  Legal

Sam Bankman-Fried’s defense team said Tuesday (March 19) that the prosecution’s proposed 40- to 50-year prison sentence is based on a “distorted” narrative and a...

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Distressed Assets Buyer Attestor Battles Over FTX Claim
Distressed Assets Buyer Attestor Battles Over FTX Claim
March 18, 2024  |  Cryptocurrency

London-based financial firm Attestor is in a legal battle involving the bankruptcy of FTX. Attestor, known for its expertise in investing in distressed assets, bought FTX’s distressed...

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Prosecutors Seek 40- to 50-Year Term for Sam Bankman-Fried
Prosecutors Seek 40- to 50-Year Term for Sam Bankman-Fried
March 15, 2024  |  Legal

Federal prosecutors are seeking a 40- to 50-year prison sentence for Sam Bankman-Fried, the former CEO of the now-bankrupt cryptocurrency exchange FTX, over charges of...

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FTX and Alameda Vets’ New Exchange ‘Backpack’ Raises $17 Million
FTX and Alameda Vets’ New Exchange ‘Backpack’ Raises $17 Million
February 28, 2024  |  Investments

Backpack, a cryptocurrency exchange led by former FTX and Alameda Research employees, raised $17 million. The Series A funding round values Backpack — whose offerings...

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Bankman-Fried Lawyers Blast ‘Barbaric’ 100-Year Sentence Recommendation
Bankman-Fried Lawyers Blast ‘Barbaric’ 100-Year Sentence Recommendation
February 28, 2024  |  Legal

Attorneys for convicted cryptocurrency fraudster Sam Bankman-Fried say their client is “selfless,” “altruistic” and “misunderstood.” In a final bid for leniency, lawyers for the FTX founder are calling for...

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