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Bitcoin News / Bitcoinist - 1 year ago
According to a recent report by Bloomberg Law, the bankrupt crypto exchange once run by Sam Bankman-Fried, FTX, has reached a settlement with the Internal Revenue Service (IRS) regarding a $24 billion claim. The settlement allows FTX to pay a fracti...
More / Bitcoin Reddit - 1 year ago
submitted by /u/Fun-Consideration407 [link] [comments]
Bitcoin News / Bitcoin.com - 1 year ago
Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within 60 days after the company’s restructuring plan is approved. Additionally, the U.S. tax author...
Cryptocoins News / Finance Magnates - 1 year ago
FTX has reached a settlement with its largest creditor, the Internal Revenue Service (IRS). This agreement resolves a significant $24 billion tax dispute that has been looming over the exchange's restructuring process. Initially, the IRS claimed FTX...
by COINS NEWS - 1 year ago
submitted by /u/Beyonderr [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
The FTX bankruptcy estate has been involved in several asset liquidations over the past year, as they seek to fully reimburse former customers of the now-defunct exchange. In the latest development in the ongoing proceedings, the estate has sold the...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin benchmark: Only eight digital asset tokens hit ATHs in BTC post-FTX collapse& & CryptoSlate
by COINS NEWS - 1 year ago
submitted by /u/Jam2bklyn [link] [comments]
by COINS NEWS - 1 year ago
submitted by /u/ElderberryForward215 [link] [comments]
Cryptocoins News / Finance Magnates - 1 year ago
Ryan Salame, once a high-ranking executive at the cryptocurrency exchange FTX, has been sentenced to more than seven years in prison for fraud charges and conspiracy to operate unlicensed money-transmitting business, the Financial Times reported. Sal...
Bitcoin News / Google News Bitcoin - 1 year ago
Former FTX exec sentenced, and bitcoin miner Riot pursues takeover of Bitfarms& & CNBC
by COINS NEWS - 1 year ago
submitted by /u/0xJonnyDee [link] [comments]
Cryptocoins News / CoinJournal - 1 year ago
Ryan Salame sentenced to 90 months in prison. Former FTX executive’s sentencing comes two months after former CEO Sam Bankman-Fried was sentenced to 25 years in prison. Former FTX executive Ryan Salame has been sentenced to 90 months in priso...
Bitcoin News / Bitcoin.com - 1 year ago
Former FTX executive Ryan Salame was sentenced to seven and a half years in prison by Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York after pleading guilty to criminal charges, including engaging in an unlawful pol...
Bitcoin News / Bitcoinist - 1 year ago
Ryan Salame, a former high-ranking official at Alameda Research and co-CEO of bankrupt crypto exchange FTX, has been sentenced to 90 months in prison for his involvement in what the US Southern District of New York calls “illegal political cont...
by COINS NEWS - 1 year ago
submitted by /u/goldyluckinblokchain [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
In the wake of the collapse of FTX, the once prominent crypto exchange led by Sam Bankman-Fried, the luxurious real estate holdings acquired by the company will be put up for sale. According to a Bloomberg report, the liquidators overseeing FTX̵...
More / Bitcoin Reddit - 1 year ago
submitted by /u/fatfingeriswhatitis [link] [comments]
by COINS NEWS - 1 year ago
submitted by /u/GoodSamoSamo [link] [comments]
Bitcoin News / Bitcoin.com - 1 year ago
An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed that the firm was neither involved in the fraud nor aware of the financial troubles that plagued the collapsed trading pla...
Bitcoin News / Bitcoinist - 1 year ago
According to a Bloomberg report, Sam Bankman-Fried, the co-founder of the FTX crypto exchange, has been transferred to a temporary detention center in Oklahoma, contrary to a federal judge’s request to keep him in New York to assist in his appe...
Bitcoin News / Bitcoinist - 1 year ago
The estate of bankrupt cryptocurrency exchange FTX has completed the sale of a substantial trove of discounted Solana (SOL) tokens, amounting to $2.6 billion. The auctions spanned several weeks and attracted buyers such as Figure Markets and Pantera...
More / Bitcoin Reddit - 1 year ago
Non-US citizen here. Would it be easier to just sell my claim (under 50k) at 84% to FTXcreditor or should I just wait it out? I’m in no hurry to use the money but I’m afraid that with the withholding tax that’s rumored to be 24%-30% of the final amou...
Bitcoin News / Bitcoin.com - 1 year ago
Prosecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for May 28, 2024. This recommendation contrasts sharply with Salame’s legal team’s plea for a more lenient pu...
Bitcoin News / Bitcoinist - 1 year ago
Heading into the year 2024, Bitcoin spot ETFs (exchange-traded funds) and the halving event were arguably the biggest narratives in the crypto space. The Securities and Exchange Commission (SEC) approved the first BTC spot products in the US early on...
