Sam Bankman-Fried

FTX and Alameda Pay $12.7 Billion to End CFTC Lawsuit
FTX and Alameda Pay $12.7 Billion to End CFTC Lawsuit
August 08, 2024  |  Legal

FTX and sister company Alameda Research have agreed to pay their creditors $12.7 billion. The agreement, approved Wednesday (Aug. 7) by U.S. District Judge P. Kevin Castel,...

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Two Former FTX Executives to Be Sentenced in October, November
Two Former FTX Executives to Be Sentenced in October, November
July 09, 2024  |  Legal

Two former FTX executives who testified against the cryptocurrency exchange’s co-founder, Sam Bankman-Fried, now know when they will face sentencing hearings. Nishad Singh will be...

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FTX Seeks OK to Pay Customers Back in Cash
FTX Seeks OK to Pay Customers Back in Cash
June 25, 2024  |  Cryptocurrency

Bankrupt cryptocurrency exchange FTX is set to ask permission to repay customers in cash. As Reuters reported Tuesday (June 25), the company will ask a judge to...

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‘Aggrieved’ FTX Customers Seek $8 Billion in Forfeited Assets
‘Aggrieved’ FTX Customers Seek $8 Billion in Forfeited Assets
June 18, 2024  |  Cryptocurrency

A group of FTX customers say $8 billion of the company’s forfeited assets are rightfully theirs. As Coindesk reported Tuesday (June 17), these customers are seeking a...

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This Week in Web3: Cross-Border Payments, Crypto Investments, User Education
This Week in Web3: Cross-Border Payments, Crypto Investments, User Education
June 05, 2024  |  Blockchain

Blockchain-based technologies may one day change the worlds of finance and payments. But so far, they haven’t. At least, not in the sweeping and transformative...

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Sam Bankman-Fried to Remain in Brooklyn Prison to Prepare Appeal
Sam Bankman-Fried to Remain in Brooklyn Prison to Prepare Appeal
June 03, 2024  |  Legal

Sam Bankman-Fried is reportedly back in a prison in Brooklyn after the Bureau of Prisons (BOP) began moving him to a facility in California, the...

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Ex-FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison After September Guilty Plea
Ex-FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison After September Guilty Plea
May 28, 2024  |  Cryptocurrency

The former CEO of FTX’s Bahamas subsidiary was sentenced Tuesday (May 28) to a prison term longer than the prosecutors had asked for. Ryan Salame...

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Bankman-Fried Agrees to Help FTX Investors Sue Celebrity Crypto Promoters
Bankman-Fried Agrees to Help FTX Investors Sue Celebrity Crypto Promoters
April 21, 2024  |  Cryptocurrency

A group of FTX investors has agreed to drop legal claims against Sam Bankman-Fried. In exchange, the disgraced former crypto exchange CEO will cooperate in the investors’...

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This Week in Web3: Bitcoin Halving, Stablecoins, Bankman-Fried
This Week in Web3: Bitcoin Halving, Stablecoins, Bankman-Fried
April 17, 2024  |  Blockchain

The bitcoin halving is imminent, and crypto is on everyone’s mind this week. That’s because the technical event, which happens every four years and serves...

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