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Sam Bankman-Fried sues insurance company for defense costs as trial opens

October 3, 2023 by DIGIT

SBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $10 million, the third in line is balking, the suit claims. Go to Source

Categories Fraud, ftx, Insurance, Sam Bankman-Fried, Trial

What has Sam Bankman-Fried been up to in jail?

October 3, 2023 by DIGIT

Here’s how the former FTX CEO may have spent his time behind bars since a judge revoked his bail in August. Go to Source

Categories ftx, SBF

As trial begins, Sam Bankman-Fried’s lawyers push to exclude testimony from FTX users

October 3, 2023 by DIGIT

Sam Bankman-Fried’s legal team has requested the court block certain witnesses offering testimony on how they thought FTX would protect their assets. Go to Source

Categories Court, ftx, Law, Regulation, Sam Bankman-Fried

Class-action suit filed against Binance for alleged harm to FTX before its collapse

October 2, 2023 by DIGIT

A California resident is suing Binance and its CEO for tweets last November that, according to allegations, led to the collapse of the rival exchange. Go to Source

Categories Banks, Binance, Changpeng Zhao, Court, ftx, FTX Token

Book describes Sam Bankman-Fried with little attention span or respect for appointments

October 2, 2023 by DIGIT

The former FTX CEO was reportedly invited by Vogue editor-in-chief Anna Wintour to be her special guest at the Met Gala, only to cancel at the last minute. Go to Source

Categories Court, Crimes, ftx, Regulation, Sam Bankman-Fried

Sam Bankman-Fried FTX trial — five things you need to know

October 2, 2023 by DIGIT

The long awaited trial of former FTX CEO Sam Bankman-Fried gets underway on Oct. 4 – here’s what you need to know. Go to Source

Categories department of justice, ftx, FTX Token, Sam Bankman-Fried, Trial, United States

FTX exploiter moved more than $17.1M in ETH within the last 24 hours

October 1, 2023 by DIGIT

Within these transactions, a significant portion of 7,749 ETH, equivalent to $13 million, was directed toward the Thorchain router and Railgun contract. Go to Source

Categories ftx, Hackers, hacks

DOJ readies witnesses in Bankman-Fried trial, spotlight on FTX assets

October 1, 2023 by DIGIT

This initiative also encompasses their comprehension of Sam Bankman-Fried’s remarks and conduct, particularly regarding FTX’s asset management. Go to Source

Categories Fraud, ftx, Law, Sam Bankman-Fried, United States

FTX hacker’s wallet stirs as Ethereum ETFs prepare for U.S. debut

September 30, 2023 by DIGIT

The data reveals two separate transactions in which the exploiter moved 2,500 ETH, each valued at $4 million. Go to Source

Categories Cryptocurrencies, Cryptocurrency Exchange, ftx, Tokens

FTX’s $3.4B crypto liquidation: What it means for crypto markets

September 29, 2023 by DIGIT

Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation schedule will ensure market stability. Go to Source

Categories Court, Cryptocurrency Exchange, department of justice, Exchanges, ftx, Government, Law, Sam Bankman-Fried, US Government, USA
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  • binancecoinBNB(BNB)$650.45-1.67%
  • rippleXRP(XRP)$1.43-2.20%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$88.450.06%
  • tronTRON(TRX)$0.2779871.71%
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  • Figure HelocFigure Heloc(FIGR_HELOC)$1.030.17%
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  • bitcoinBitcoin(BTC)$69,537.00-1.49%
  • ethereumEthereum(ETH)$2,100.591.80%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$650.45-1.67%
  • rippleXRP(XRP)$1.43-2.20%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$88.450.06%
  • tronTRON(TRX)$0.2779871.71%
  • dogecoinDogecoin(DOGE)$0.098516-0.53%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.030.17%