Sam Bankman-Fried

Report: FTX Sues for $240 Million Paid for Stock Trading Platform

Report: FTX Sues for $240 Million Paid for Stock Trading Platform
Report: FTX Sues for $240 Million Paid for Stock Trading Platform
May 18, 2023  |  Cryptocurrency

FTX is reportedly working to get back the more than $240 million it paid for stock trading platform Embed. The bankrupt cryptocurrency exchange filed three lawsuits...

READ MORE >
IRS Targets FTX While US Chamber of Commerce Backs Coinbase
IRS Targets FTX While US Chamber of Commerce Backs Coinbase
May 12, 2023  |  Legal & Regulation

The taxmen are coming for the estate of Sam Bankman-Fried’s bankrupt FTX crypto exchange. And they want the collapsed firm and its affiliates to pay...

READ MORE >
Bankman-Fried Wants Bulk of Charges in FTX Case Dismissed
Bankman-Fried Wants Bulk of Charges in FTX Case Dismissed
May 09, 2023  |  Legal & Regulation

Accused cryptocurrency fraudster Sam Bankman-Fried wants most of the charges against him thrown out. In court documents filed late Monday (May 8), the founder of...

READ MORE >
Voyage Self-Liquidates After $1 Billion Binance Deal Collapses
Voyage Self-Liquidates After $1 Billion Binance Deal Collapses
May 07, 2023  |  Cryptocurrency

Bankrupt crypto lender Voyager Digital is closing down following two failed attempts to sell itself. According to a Friday (May 5) court filing, the company will self-liquidate its...

READ MORE >
Lawmakers Give SEC April 17 Deadline for Release of Sam Bankman-Fried Records
Lawmakers Give SEC April 17 Deadline for Release of Sam Bankman-Fried Records
April 13, 2023  |  Legal & Regulation

Lawmakers are clashing with a regulator over access to records about the arrest of Sam Bankman-Fried. The House Financial Services Committee “will consider all avenues to compel”...

READ MORE >
FTX Plans Relaunch After Stabilizing ‘Dumpster Fire’
FTX Plans Relaunch After Stabilizing ‘Dumpster Fire’
April 13, 2023  |  Cryptocurrency

Bankrupt cryptocurrency exchange FTX is reportedly considering relaunching after recovering $7.3 billion in assets. Company attorneys say the exchange has begun to look to the...

READ MORE >
Report Highlights FTX’s Odd Practices Around Security and Financial Controls
Report Highlights FTX’s Odd Practices Around Security and Financial Controls
April 10, 2023  |  Cryptocurrency

FTX-affiliated Alameda Research was “hilariously beyond any threshold” of auditors, Sam Bankman-Fried reportedly said. That comment in an internal email before the bankruptcy filings of...

READ MORE >
FTX Debtors: ‘Greed and Incompetence’ Triggered Collapse
FTX Debtors: ‘Greed and Incompetence’ Triggered Collapse
April 10, 2023  |  Cryptocurrency

At FTX under Sam Bankman-Fried, financial oversight was apparently something of a joke. That’s according to a report issued Sunday (April 9) by the collapsed...

READ MORE >