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3232FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated
https://www.digit.info/ftx-co-founder-sam-bankman-fried-faces-us-extradition-bankruptcy-court-says-top-execs-wont-be-compensated/
Tue, 22 Nov 2022 15:30:08 +0000https://www.digit.info/2022/11/22/ftx-co-founder-sam-bankman-fried-faces-us-extradition-bankruptcy-court-says-top-execs-wont-be-compensated/Read more]]>According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF transferred $10 billion in customer funds to Alameda Research, the company’s financials show between $1 billion and $2 billion has gone missing. […]
]]>Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals
https://www.digit.info/bankrupt-crypto-exchange-ftx-exploring-sales-of-subsidiaries-ceo-reveals/
Mon, 21 Nov 2022 23:30:12 +0000https://www.digit.info/2022/11/21/bankrupt-crypto-exchange-ftx-exploring-sales-of-subsidiaries-ceo-reveals/Read more]]>Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “to prioritize the preservation of franchise value as best we can in these difficult circumstances.” New FTX CEO Outlines Priorities Cryptocurrency exchange FTX and approximately 101 affiliated companies […]