FTX

Crypto Mogul Sam Bankman-Fried Incarcerated in Brooklyn Prison Amid Controversial Conditions

Sam Bankman-Fried is being taken to a prison in Brooklyn, where famous inmates from Ghislaine Maxwell to the former president of Honduras have complained...

FTX Rises from the Crypto Ashes with $7.3B Recovery

FTX, the major cryptocurrency exchange that collapsed with a bang last November, has recovered $7.3 billion in cash and crypto assets, according to a...

FTX Founder Sam Bankman-Fried Accused of Looting Platform for $2 Billion: Financial Statements Reveal Shocking Transfers

More than $2 billion was transferred to Sam Bankman-Fried by FTX corporate entities, according to documents filed with the court, the Financial Times reports.According...

Crypto-focused hedge fund Galois Capital shuts down following FTX scandal and returns remaining money to investors

A hedge fund that was one of the most high-profile victims of the FTX scandal, when half of its assets were trapped in the...

FTX Exchange Explores a Comeback: New CEO Sets Up Task Force to Consider Restarting Operations

The bankrupt cryptocurrency exchange FTX is considering restarting operations, new CEO John Ray told the Wall Street Journal.Ray, who took the reins in November,...

Sam Bankman-Fried Continues To Claim Innocence in FTX Embezzlement Scandal

Sam Bankman-Fried claimed he did not steal money and blamed the collapse of the bankrupt FTX exchange on a major crash in cryptocurrency markets,...

FTX bankruptcy proceedings reveal over $5 billion in assets to repay creditors

Cryptocurrency exchange FTX has recovered more than $5 billion in cash, liquid cryptocurrencies and securities, a lawyer for the bankrupt company founded by Sam...

FTX collapse: Sam Bankman-Freed pleads not guilty

Specifically, the 30-year-old is accused of committing multi-billion dollar fraud as he misappropriated funds from his clients' deposits to finance his business plans, real...

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Samourai Wallet Co-Founders to Plead Guilty in Mixing Case

Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill intend to plead guilty to federal charges related to operating...

MARA Soars After Record Q2 Revenue, Becomes No. 2 Bitcoin Holder

MARA Holdings reported record revenue of $238.5 million for its second quarter.Company posted a 64% increase in revenue from...

Microsoft Nears New OpenAI Deal, Eyes Access to Latest AI Models

Microsoft and OpenAI are close to securing a new partnership deal.The agreement would allow Microsoft to access OpenAI’s latest...

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