FTX

48 results about this entity

Period: 26 Aug 2020 - 03 Apr 2024

/crime

Turkish crypto chief starts 11,196-year prison sentence

Faruk Fatih Ozer, the former boss of failed Turkish cryptocurrency exchange Thodex, has started a lengthy jail sentence after he was found guilty of defrauding investors in a multimillion dollar fraud.

/people

Sam Bankman-Fried sentenced to 25 years in prison

Sam Bankman-Fried has been sentenced to 25 years in prison for stealing $8 billion from customers of FTX, the bankrupt cryptocurrency exchange he founded.

/crypto

Do Kwan to be extradited from Montenegro

Terraform Lab’s former CEO Do Kwan is to be extradited to either South Korea or the USA following approval from a Court in Podgorica, Montenegro.

/crime

Sam Bankman-Fried found guilty on seven counts for multi-billion dollar FTX fraud

Founder of the infamous crypto platform, FTX, Sam Bankman-Fried was found guilty on seven counts following a highly publicised trial in Manhattan federal court.

/crime

FTX sues Bankman-Fried’s parents over misappropriated funds

The FTX legal saga continues to play out as parents of the company’s founder, Sam Bankman-Fried, have been sued by the FTX parent company Alameda Research, for improperly receiving millions of dollars from the scheme.

/people

FTX founder sent to jail after bail revoked

Sam Bankman-Fried is heading to jail after a judge revoked the former FTX boss's $150 million bail package over alleged witness tampering.

/crime

FTX sues Sam Bankman-Fried for $1bn

The former boss of failed crypto exchange FTX, Sam Bankman-Fried, is facing a $1bn lawsuit from the company he founded.

/crypto

Temasek docks pay over FTX investment

Singapore state-owned investment fund Temasek Holdings has cut the pay of employees responsible for its $275 million investment in failed cryptocurrency exchange FTX.

/crypto

Payments Canada Summit: navigating the crypto headwinds

A panel of industry players and regulators took on the tricky task of unpacking the frantic last year of crypto developments, taking three cataclysmic events – the TerraUSD ad Luna implosion, the collapse of the Celsius network, and the FTX debacle - as jumping off points to explore where the industry is headed.

/people

Bankman-Fried faces new criminal charges

Sam Bankman-Fried has been hit with four new criminal charges accusing the FTX cryptocurrency exchange founder of conspiring to commit bank fraud and to make unlawful political contributions.

/crypto

Robinhood aims to buy back Bankman-Fried's 7% stake

Robinhood says its board has given the green light to a plan to buy FTX founder Sam Bankman-Fried's seven per cent stake in the stock trading app.

/crypto

Silvergate's FTX dealings face fraud investigation

US Justice Department fraud prosecutors are investigating crypto-focussed bank Silvergate's dealings with FTX and Alameda Research, according to Bloomberg.

/people

FTX's Bankman-Fried pleads not guilty

Sam Bankman-Fried has pleaded not guilty to eight criminal charges related to the collapse of FTX, the cryptocurrency exchange he founded.

/crypto

Bankman-Fried left in the lurch as former executives plead guilty

Two high-level associates of FTX founder Sam Bankman-Fried have pleaded guilty to fraud charges relating to the spectacular implosion of the cryptocurrency exchange.

/crypto

Crypto firm Amber raises $300m to protect against FTX fallout

Cryptocurrency trading form Amber Group has raised $300 million in a Series C funding round, shut down its retail operations, begun laying off staff, and ended a sponsorship deal with Chelsea Football Club as it seeks to weather the fallout of FTX's collapse.

/crypto

FTX founder arrested in the Bahamas

Sam Bankman-Fried, the disgraced founder of collapsed cryptocurrency exchange FTX, has been arrested in the Bahamas.

/crypto

CZ v SBF: crypto titans in Twitter spat

Changpeng Zhao and Sam Bankman-Fried are squabbling on Twitter, with the Binance boss calling the former FTX chief a "fraudster" and "unhinged".

/crypto

BlockFi files for bankruptcy in wake of FTX collapse

BlockFi, the cryptocurrency player that needed a $400 million credit facility from FTX earlier this year, has now filed for bankruptcy.

/crypto

FTX implosion shows need for crypto regulation - BofE's Cunliffe

The collapse of FTX, and the fact that its failures were more organisational than technological, highlights the importance of properly regulating the crypto sector, says Bank of England deputy governor Jon Cunliffe.

/crypto

Genesis Block to shutter trading portal amid FTX fallout

Genesis Block, a Honk Kong based cryptocurrency retail service, has told its customers it will be closing its over-the-counter trading portal on the 10th of December 2023. This is being seen as part of the wider fallout from FTX’s collapse and proceeding bankruptcy filing last week.