Search results for "ftx"

April 21, 2024
Bankman-Fried Agrees to Help FTX Investors Sue Celebrity Crypto Promoters

A group of FTX investors has agreed to drop legal claims against Sam Bankman-Fried. In exchange, the disgraced former crypto exchange CEO will cooperate in the investors’ suits against other defendants stemming...


April 17, 2024
This Week in Web3: Bitcoin Halving, Stablecoins, Bankman-Fried

The bitcoin halving is imminent, and crypto is on everyone’s mind this week. That’s because the technical event, which happens every four years and serves to create more scarcity of...


April 11, 2024
Sam Bankman-Fried Appeals Conviction and Sentence, Faces Yearslong Process

Sam Bankman-Fried appealed his conviction and 25-year prison sentence Thursday (April 11). The FTX founder, who was convicted in November 2023 and sentenced in March for stealing $8 billion from...


April 10, 2024
This Week in Web3: Usability, Utility and Oversight 

The next iteration of the internet, Web3, has been around for a while now.  Meta’s Reality Labs division — the arm of the tech giant that focuses on metaverse, mixed...


April 10, 2024
EU Watchdog: 90% of Crypto Trading Confined to 10 Exchanges

Ten cryptocurrency exchanges account for 90% of the market’s trading. And that concentration could be a problem, according to a report issued Wednesday (April 10) by the European Securities and Market Authority (ESMA)....


April 09, 2024
Keytom Launches Digital Asset-Focused Neobank

Keytom, a neobank centered around digital assets, has announced its launch. The Dubai-based company said its goal is to introduce “a new era of financial management by organizing all digital...


April 05, 2024
Terraform Labs and Co-Founder Do Kwon Convicted of Defrauding Investors

A jury in a U.S. District Court has found Terraform Labs and its co-founder, Do Kwon, liable for defrauding investors in crypto asset securities. The court found earlier that the company and Kwon...


April 01, 2024
Bankman-Fried Says He’s ‘Haunted’ by FTX Collapse

“I never thought that what I was doing was illegal.” So said Sam Bankman-Fried, giving his first jailhouse interview to ABC in a report published Monday (April 1), days after the FTX...


March 28, 2024
SBF May Be 57 When He Finishes Serving Time

When the facts are crystal clear, often the only recourse is to appeal to emotion. That’s the tack that convicted crypto criminal and former FTX CEO Sam Bankman-Fried’s legal defense hewed to on...