FTX

Blockchain Network Solana Looks to Sever Bankman-Fried Connection

Blockchain Network Solana Looks to Sever Bankman-Fried Connection
Blockchain Network Solana Looks to Sever Bankman-Fried Connection
December 29, 2022  |  Blockchain

Blockchain network Solana is trying to distance itself from one-time booster Sam Bankman-Fried. As Bloomberg News reported Thursday (Dec. 29), the company has drawn scrutiny...

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Class-Action Lawsuit Aims to Represent 1M FTX Customers
Class-Action Lawsuit Aims to Represent 1M FTX Customers
December 28, 2022  |  Legal & Regulation

A class-action lawsuit aiming to represent 1 million FTX customers has been filed. The suit has been filed against the bankrupt cryptocurrency exchange and former...

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US DOJ Investigating Nov. 11 $372M Crypto Hack of FTX 
US DOJ Investigating Nov. 11 $372M Crypto Hack of FTX 
December 27, 2022  |  Cryptocurrency

The Department of Justice (DOJ) is reportedly investigating a Nov. 11 crypto hack of FTX.  The DOJ has launched a criminal probe into the alleged...

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Bankman-Fried Used Alameda Funds to Buy Robinhood Shares, Court Documents Say
Bankman-Fried Used Alameda Funds to Buy Robinhood Shares, Court Documents Say
December 27, 2022  |  Cryptocurrency

The question of ownership of FTX’s shares of Robinhood stock has become more complicated.  FTX founder and former CEO Sam Bankman-Fried (SBF) told a court...

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Cryptocurrency Payments Make Push for Greater Marketplace Acceptance
Cryptocurrency Payments Make Push for Greater Marketplace Acceptance
December 27, 2022  |  Cryptocurrency

Shopping with cryptocurrency remains a novel, or even foreign, experience for most consumers.   That said, PYMNTS’ research shows that among tech-driven consumers, more than 1...

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Bankman-Fried Judge Recuses Self Over Potential Conflict
Bankman-Fried Judge Recuses Self Over Potential Conflict
December 26, 2022  |  Cryptocurrency

The judge overseeing the case against Sam Bankman-Fried has recused herself, citing a potential conflict. According to court documents filed Friday (Dec. 23), federal judge...

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Crypto Winter Causes Crypto-Friendly Bank Deposits to Drop
Crypto Winter Causes Crypto-Friendly Bank Deposits to Drop
December 26, 2022  |  Cryptocurrency

This year’s crypto winter has begun to impact banks that deal with digital assets. That’s according to a recent report by S&P Global, which said...

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Former Alameda Research CEO Ellison ‘Truly Sorry’ for Fraud Offenses
Former Alameda Research CEO Ellison ‘Truly Sorry’ for Fraud Offenses
December 23, 2022  |  Cryptocurrency

Former Alameda Research CEO Caroline Ellison revealed she is remorseful for her crypto fraud actions. A close collaborator with former FTX CEO Sam Bankman-Fried, Ellison...

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