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FTX Foundation staffer fights for $275K bonus promised by SBF

FTX Foundation employee Ross Rheingans-Yoo said he was not part of Sam Bankman-Fried’s “inner circle” and knew nothing about FTX’s fraud. An employee of FTX’s charity...

Former FTX, Alameda Executives to Start New Crypto Exchange - Trek Labs -

submitted by /u/Bitcoin_Maximalist [link] [comments]

Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI

Michelle Fradin, former Sequoia Capital executive, joins OpenAI to lead data efforts, specializing in venture capital and AI, focusing on FTX investment and large language model integration. (Read More)

FTX's Bankruptcy Lawsuit: Delving into the $935 Million Transfer Scandal

The entities overseeing the bankruptcy process of crypto platform FTX have filed a lawsuit accusing Mirana Corp, an investment arm Bybit, of receiving a substantial portion of $935 million in transfers just before FTX filed for Chapter 11 bankruptcy....

FTX Bankruptcy Saga: Lawsuit Targets Bybit's Investment Arm

Bybit Fintech sued for $1 billion by the FTX bankruptcy team

The FTX Bankruptcy is seeking to recover assets worth about $1 billion. The lawsuit will be heard by a Delaware Court. The funds in question were allegedly withdrawn from FTX. FTX’s bankruptcy advisers have recently initiated legal action aga...

Ex-FTX Execs Launch New Crypto Exchange Backpack

Former FTX executives, Can Sun, are launching Backpack Exchange in Dubai, aiming to raise $100 million for customer fund security and advanced technology. (Read More)

FTX Debtors’ Lawsuit Seeks Recovery of $935 Million ‘Fraudulently’ Transferred to Bybit’s Investment Arm and Others

A new lawsuit filed by entities overseeing the FTX bankruptcy process seeks to recover $935 million that was reportedly transferred to Bybit’s investment arm and others just before the former’s Chapter 11 filing in November 2022. Bybit is...

Key Witness And Former FTX Execs Forge Ahead To Create New Crypto Exchange

A group including former FTX executives, among whom is an individual who provided crucial testimony against Sam Bankman-Fried, has joined forces to establish a new cryptocurrency exchange. The primary objective of this venture is to address the chall...

FTX Bankruptcy Is Now One-Year Old – How Has Solana (SOL) Fared Since Then?

submitted by /u/FitScore3115 [link] [comments]

FTX files billion-dollar lawsuit against ByBit over asset withdrawals

The legal action is pursuing “compensatory and punitive damages” from Bybit regarding the token scheme and the assets held on its platform. The FTX bankruptcy estate,...

Ex-FTX execs team up to build new crypto exchange 12 months after FTX collapse: Report

The cryptocurrency exchange offers a self-custody solution that integrates a multiparty computation technique to secure funds. Several former FTX executives have teame...

Bitcoin Is Ready To Move On From FTX’s Collapse, Proving Its Resilience In The Face Of Adversity - ZyCrypto

Bitcoin Is Ready To Move On From FTX’s Collapse, Proving Its Resilience In The Face Of Adversity& & ZyCrypto

FTX Files $953 Million Lawsuit Against ByBit Exchange – Details

Insolvent FTX exchange has laid serious allegations against rival crypto exchange, ByBit, filing a $953 million lawsuit against the Dubai-headquartered exchange on Friday in a court in Delaware, United States. FTX had stated that Mirana, an investme...

Exactly one year ago, FTX filed for bankruptcy after FTT collapsed. Customer funds gone, their data stolen, FTT deployer rugged, (alleged) huge price manipulation by Justin Sun, "FTX is fine" tweet etc. Bitcoin's price had crashed to $16k. But Bitcoin is

On the 11th November 2022, FTX filed for bankruptcy after freezing customer withdrawals because they could no longer meet the demand for customer withdrawal requests. Many of us probably know the story, but this event was (mostly) precipitated...

Just one thing I cannot understand about the Sam Bankman Fried / FTX debacle

Why why why resort to fraud??? He had it made. FTX was one of the biggest crypto exchanges in the world. The profit from the trading fees alone must have been insane. More than an average person like me will ever see in his lifetime... It's not j...

Ethereum Insider Drops Bombshell: ETH Founders’ Fraud Bigger Than FTX Fraud – Updated

Update: Former Ethereum lawyer Steven Nerayoff has said that he plans to begin dropping proof to back up his claims that there is a massive fraud at the center of the second-largest blockchain network in the world in less than a week. Speaking on the...

The cryptocurrency industry wants to put Sam Bankman-Fried and FTX behind it. - NPR

The cryptocurrency industry wants to put Sam Bankman-Fried and FTX behind it.& & NPR

Legal Experts Reveal Why FTX’s Sam Bankman-Fried Will Get Reduced Prison Sentence

Sam Bankman-Fried’s (SBF) sentencing is slated for March 28, 2024, with the defendant facing up to 110 years after being convicted of all seven charges leveled against him. In line with this, some legal experts have weighed in, explaining why the for...

FTX Collapse Driving US Push to Widen Protections for Crypto Futures Traders