Caroline Ellison, the former executive who played a role in the collapse of the FTX crypto exchange and later became the star witness in the prosecution of FTX founder Sam Bankman-Fried, reportedly received a harsher sentence than the one recommended by the federal Probation Department....
FTX co-founder Sam Bankman-Fried wants a new trial, arguing a federal judge hamstrung his defense. Attorneys for the disgraced cryptocurrency CEO contend that “everyone rushed to judgment” after FTX’s implosion and that fair-trial principles were wiped out in a “sentence first-verdict afterwards tsunami,” Bloomberg News...
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’ suits against other defendants stemming from FTX’s collapse, including various celebrities paid to promote the exchange, according to court documents filed...
Disgraced cryptocurrency wunderkind Sam Bankman-Fried will not face another criminal trial. The FTX founder, already convicted on fraud and conspiracy charges connected to the collapse of his exchange in 2022, had been scheduled for another trial later this year on charges related to conspiracy to commit bank...
June 06, 2023
New York and London — two of the world’s leading business-destination cities and top global financial centers — have a “strong two-way flow in terms of FinTech innovation,” say Innovate Finance CEO Janine Hirt and Stephen Feline, North America director at London & Partners. “When you look at our two ecosystems, we are world leaders […]
December 15, 2022
No thaw in sight for the crypto winter as the post-FTX meltdown continues to reverberate. FTX’s implosion and the subsequent industry knock-on has spooked the investing public, whose general confidence...
December 12, 2022
Consumers are hungry for reassurance as fear, uncertainty and doubt pollute the crypto landscape. At the same time, the crypto industry is equally eager to shore-up user confidence via a...
October 30, 2024
One-time FTX executive Nishad Singh was sentenced to three years of supervised release — with no prison time — Wednesday (Oct. 30) afternoon. Before announcing the sentence, a federal judge noted Singh’s cooperation with prosecutors, the New York Times reported Wednesday. Singh, former chief engineer at the failed cryptocurrency exchange, was sentenced for his part in […]
September 24, 2024
Caroline Ellison, the former executive who played a role in the collapse of the FTX crypto exchange and later became the star witness in the prosecution of FTX founder Sam...
September 15, 2024
FTX co-founder Sam Bankman-Fried wants a new trial, arguing a federal judge hamstrung his defense. Attorneys for the disgraced cryptocurrency CEO contend that “everyone rushed to judgment” after FTX’s implosion...
April 21, 2024
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’ suits against other defendants stemming...
