$684K Cashed out by the FTX Founder After Posting Bail
An on-chain investigation claims that SBF reportedly cashed out $684,000 from a cryptocurrency exchange in Seychelles while he was under house arrest.
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Latest firstBahamas Security Regulator Seizes the FTX Assets valued at $3.5B
The collapsed cryptocurrency exchange FTX's $3.5 billion in assets have reportedly been confiscated by the Bahamas Securities Regulator, who intends to return them to creditors and former users.
FTX customers initiate a class action lawsuit to recover priority damages
FTX customers claim they should not be required to wait with other creditors for fund recovery from the defunct crypto exchange.
Unknown Crypto Transactions Linked with Alameda Research Raise concerns
Key Takeaways: On-chain data shows that Ethereum wallet addresses connected to the defunct trading company Alameda Research exchanged multiple crypto tokens for ether and USDT on Wednesday morning before exchanging for bitcoin. These Alameda-linked wallets exchanged Lido, Polygon, Uniswap, and…
Judge Assigned To FTX’s Sam Bankman-Fried’s Case Steps Down
Due to Andres' ongoing presence as a partner at Davis Polk & Wardwell, the law firm that provided FTX with legal counsel in 2021, Judge Abrams' withdrawal from the FTX case resolves potential conflicts of interest in the FTX case.
FTX Founder SBF Released On $250 Mln Bond
The bail terms include a $250 million bond and house arrest at his parents' house in Palo Alto, California.
Two Executives from the FTX empire Plead Guilty to Fraud
Ellison has pleaded guilty to seven crimes, including wire, securities, and commodities fraud, as part of her plea agreement.
The Procedure for Returning FTX Funds Has Been Announced
Bankrupt FTX has asked the receivers of contributions made by its management to refund the money willingly; otherwise, it may take legal action
Silvergate is facing a class-action lawsuit over its dealings with FTX
In the complaint, Silvergate is charged with contributing to FTX's demise.
FTX proposes a sale request for four independently run subsidiaries
If the sale of assets is outside the regular course of business, bankrupt enterprises need to get the court's approval.