FTX

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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Investors Chase Visible Impact With AI and Web3 Infrastructure Investments
Investors Chase Visible Impact With AI and Web3 Infrastructure Investments
February 23, 2024  |  Investments

When it comes to the venture capital landscape, every year — and strategy — is different. Nearly no other investor segment deals with more reckonings...

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Judge Approves FTX Proposal to Sell Stake in Anthropic
Judge Approves FTX Proposal to Sell Stake in Anthropic
February 22, 2024  |  artificial intelligence

A U.S. judge has approved bankrupt crypto exchange FTX’s proposal to sell its shares in artificial intelligence (AI) startup Anthropic. The exchange had invested $500 million...

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Bankman-Fried to Appear in Court for First Time Since Conviction
Bankman-Fried to Appear in Court for First Time Since Conviction
February 21, 2024  |  Legal

Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, is set to appear in court Wednesday (Feb. 21) for a hearing on his new lawyer’s...

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