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3232US Government Seizes $700 Million in Assets From Disgraced FTX Co-Founder Sam Bankman-Fried
https://www.digit.info/us-government-seizes-700-million-in-assets-from-disgraced-ftx-co-founder-sam-bankman-fried/
Sat, 21 Jan 2023 16:45:19 +0000https://www.digit.info/2023/01/21/us-government-seizes-700-million-in-assets-from-disgraced-ftx-co-founder-sam-bankman-fried/Read more]]>Federal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that the U.S. government seized a series of bank accounts belonging to Bankman-Fried, holding millions in cash. US Government Seizes Millions in Cash and Robinhood Shares From […]
]]>Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%
https://www.digit.info/report-confirmation-of-silvergates-8-billion-deposit-plunge-sees-stock-price-drop-by-more-than-40/
Fri, 06 Jan 2023 21:30:46 +0000https://www.digit.info/2023/01/06/report-confirmation-of-silvergates-8-billion-deposit-plunge-sees-stock-price-drop-by-more-than-40/Read more]]>The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank. Alan Lane, the CEO of Silvergate, denied allegations that […]
Federal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that the U.S. government seized a series of bank accounts belonging to Bankman-Fried, holding millions in cash. US Government Seizes Millions in Cash and Robinhood Shares From […]
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank. Alan Lane, the CEO of Silvergate, denied allegations that […]