Sam Bankman-Fried

FTX Blasts Binance’s ‘Campaign to Destroy’ in $1.8 Billion Lawsuit
FTX Blasts Binance’s ‘Campaign to Destroy’ in $1.8 Billion Lawsuit
November 11, 2024  |  Legal

FTX is suing cryptocurrency giant Binance and its former CEO for $1.8 billion. The lawsuit, filed Sunday (Nov. 10) by the FTX bankruptcy estate, centers around what FTX labeled...

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FTX Sues Anthony Scaramucci to Recover Creditor Funds
FTX Sues Anthony Scaramucci to Recover Creditor Funds
November 10, 2024  |  Legal

FTX has reportedly sued former Trump administration official Anthony Scaramucci to recover creditor funds. The suit was one of several filed by the bankrupt cryptocurrency...

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FTX Star Witness Caroline Ellison Begins 2-Year Prison Sentence
FTX Star Witness Caroline Ellison Begins 2-Year Prison Sentence
November 07, 2024  |  Legal

Cryptocurrency-executive-turned-government-witness Caroline Ellison’s stint in prison is officially underway. Ellison, whose testimony helped convict FTX founder Sam Bankman-Fried for fraud last year, arrived at a...

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FTX Engineering Chief Gets Probation in Crypto Fraud Case
FTX Engineering Chief Gets Probation in Crypto Fraud Case
October 30, 2024  |  Legal

One-time FTX executive Nishad Singh was sentenced to three years of supervised release — with no prison time — Wednesday (Oct. 30) afternoon. Before announcing the...

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FTX Creditors Will Earn 119% Profit in Bankruptcy Settlement
FTX Creditors Will Earn 119% Profit in Bankruptcy Settlement
October 08, 2024  |  Legal

Most of FTX’s creditors will profit from their investments in the failed cryptocurrency exchange. That’s according to a bankruptcy agreement approved Monday (Oct. 7) by...

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Caroline Ellison Gets 2 Years in Prison for Role in FTX Collapse
Caroline Ellison Gets 2 Years in Prison for Role in FTX Collapse
September 24, 2024  |  Legal

Caroline Ellison, the former executive who played a role in the collapse of the FTX crypto exchange and later became the star witness in the...

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This Week in Web3: Blockchain Succeeds Where Crypto Can’t
This Week in Web3: Blockchain Succeeds Where Crypto Can’t
September 18, 2024  |  Blockchain

People and businesses tend to think of crypto in one of two ways. The first is that crypto and blockchain more broadly are transforming technologies...

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SEC and Prager Metis Settle Charges Related to FTX Audits
SEC and Prager Metis Settle Charges Related to FTX Audits
September 17, 2024  |  Legal

The Securities and Exchange Commission (SEC) has announced a settlement with audit firm Prager Metis that includes charges related to the firm’s audits of FTX....

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Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
Bankman-Fried Says ‘Rush to Judgment’ Prevented Fair Trial
September 15, 2024  |  Cryptocurrency

FTX co-founder Sam Bankman-Fried wants a new trial, arguing a federal judge hamstrung his defense. Attorneys for the disgraced cryptocurrency CEO contend that “everyone rushed...

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