Former FTX exec will give up real estate, car, and $11M following guilty plea: Report
Ryan Salame will reportedly remain free on a $1-million bond until his sentencing hearing scheduled for March 2024. Go to Source
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Former FTX exec is planning to plead guilty to criminal charges: Report
A Sept. 7 court appearance by Ryan Salame could see the former co-CEO of FTX Digital Markets plead guilty, following the examples of Caroline Ellison, Gary Wang, and Nishad Singh. Go to Source
Appellate judge denies Sam Bankman-Fried’s request for immediate release from jail
The motion from Sam Bankman-Fried’s lawyers will now go to a three-judge panel, with less than four weeks before the former FTX CEO’s criminal trial is set to begin in New York. Go to Source
Sam Bankman-Fried appeal against bail revocation ‘meritless’: Prosecutors
The New York South District court revoked former FTX CEO Sam Bankman-Fried’s bail on Aug. 11 after an appeal from the prosecution in July citing multiple instances of violation of bail conditions. Go to Source
Bitcoin price metric copies move that last came before -25% FTX crash
Bitcoin SLRV Ratio data performs a moving average crossover absent since before the FTX implosion hit the market. Go to Source
Crypto collapses generate hundreds of millions of dollars for lawyers
Lack of cryptocurrency regulations have made the legal work on crypto bankruptcies more difficult and expensive, FTX lawyers said. Go to Source
SBF releases memorandum asking court to block prosecutor filings
Sam Bankman-Fried files a memorandum asking the court to deny recent requests filed by the Department of Justice calling them “unworkable.” Go to Source
Robinhood bought back Sam Bankman-Fried’s stake from US govt for $606M
The purchase of the 55 million Robinhood shares had been expected following approval from the company’s board and a U.S. district court. Go to Source
FTX founder’s expert witnesses would cost up to $1.2K an hour
Sam Bankman-Fried’s potential expert witnesses could charge more than the U.S. prosecution witnesses, according to court filings. Go to Source
Sensitive data leaked in Kroll cybersecurity breach — Report
The FTX bankruptcy claims agent reportedly confirmed that users’ personal data were leaked, contrary to earlier claims. Go to Source