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A federal judge denied Sam Bankman-Fried’s motion for a new trial on Tuesday, rejecting claims of new evidence and refusing to let the former FTX chief withdraw the request first. Key Takeaways: Judge Lewis Kaplan denied Sam Bankman-Fried’s (SBF) Rule 33 motion on April 28, 2026, calling the new evidence claims “baseless.” The ruling closes … Read more
Sam Bankman-Fried withdrew his pro se Rule 33 motion for a new trial this week, preserving the right to refile after his pending appeal is resolved. Key Takeaways: Sam Bankman-Fried (SBF) withdrew his Rule 33 new trial motion on April 22, 2026, without prejudice, preserving the right to refile after his Second Circuit appeal concludes. … Read more
FTX’s bankruptcy estate sold Alameda Research’s early stake in Anysphere, the startup behind AI code editor Cursor, for $200,000 in 2023. SpaceX announced a $60 billion option to acquire the same company on April 21. Key Takeaways: FTX’s estate sold Alameda’s Anysphere stake for $200K in 2023; it is now worth an estimated $500 million. … Read more
Alameda Research has moved $16 million worth of solana tokens after unstaking them, in a transaction linked to creditor repayments. The move mirrors previous transfers tied to FTX’s ongoing restructuring process. Key Takeaways: Alameda moved $16 million worth of SOL to a wallet linked with repayment efforts, signaling ongoing FTX creditor payouts. Alameda still holds … Read more
Court order finalizes CFTC case against a former FTX engineering chief, enforcing financial penalties and long-term bans while underscoring how cooperation can shape outcomes in major crypto fraud investigations. Court Order Concludes CFTC Case Against FTX’s Former Head of Engineering The U.S. derivatives regulator took enforcement action against a former crypto executive as part of … Read more
FTX is set to begin a $2.2 billion creditor payout on March 31 while separately scheduling its first preferred equity payments for May 29, as multiple claim classes move toward full or even excess repayment under the restructuring plan. FTX Sets March 31 Timeline for $2.2 Billion Creditor Payout Efforts to return funds to creditors … Read more
FTX is set to begin a $2.2 billion creditor payout on March 31 while separately scheduling its first preferred equity payments for May 29, as multiple claim classes move toward full or even excess repayment under the restructuring plan. FTX Sets March 31 Timeline for $2.2 Billion Creditor Payout Efforts to return funds to creditors … Read more
U.S. prosecutors are urging a federal judge to reject Sam Bankman-Fried’s attempt to secure a new trial, arguing his latest claims recycle arguments already rejected by a jury that convicted him of orchestrating a multi-billion-dollar cryptocurrency fraud. Prosecutors Reject SBF Claim FTX Was Solvent as Retrial Battle Begins Federal prosecutors in the Southern District of … Read more
Sam Bankman-Fried has filed a pro se motion for a new trial in federal court, arguing newly discovered evidence and alleged constitutional violations warrant revisiting his FTX fraud conviction. First reported by Inner City Press, the motion was docketed Feb. 10 in the U.S. District Court for the Southern District of New York, according to … Read more
Backpack, founded by former FTX employees, secures a reported $1 billion valuation and unveils a staged 1‑billion‑token launch tied to a U.S. Initial Public Offering (IPO). Backpack, a crypto exchange founded by former FTX employees, is reportedly in talks to raise $50 million and has reached a $1 billion valuation, aiming to expand tokenized asset … Read more