The parents of Sam Bankman-Fried, co-founder of FTX, are reportedly exploring avenues to secure a pardon for their son from President Donald Trump. Joseph Bankman and Barbara Fried, both professors at Stanford Law School, have held meetings with lawyers and individuals connected to Trump’s circle...
Following the collapse of cryptocurrency exchange platform FTX amid fraud convictions, former executives Caroline Ellison and Ryan Salame have had their prison time shortened. According to a Tuesday (Dec. 26) report from Seeking Alpha, Salame, the former CEO of FTX’s Bahamas subsidiary, started his sentence...
FTX is suing cryptocurrency giant Binance and its former CEO for $1.8 billion. The lawsuit, filed Sunday (Nov. 10) by the FTX bankruptcy estate, centers around what FTX labeled a “fraudulent” share deal. It also accuses ex-Binance chief executive Chanpeng Zhao of orchestrating a “campaign to destroy” his one-time...
FTX has reportedly sued former Trump administration official Anthony Scaramucci to recover creditor funds. The suit was one of several filed by the bankrupt cryptocurrency company in its efforts to claw back money owed to its creditors, TechCrunch reported Saturday (Nov. 9). In addition to...
March 28, 2024
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 Thursday (March 28) during the fallen wunderkind’s sentencing hearing — but, as it turned out, all the hot air in the world can’t fill the sails of […]
November 22, 2023
Cryptocurrency exchanges play a vital role in the digital asset ecosystem. They facilitate the buying, selling, trading, transferring, and storing of both individual and institutional holdings of the more than...
October 06, 2023
Sam Bankman-Fried allegedly lied about many things over the course of his cryptocurrency exchange’s collapse. But when the since-indicted FTX co-founder first heard about the $8 billion deficit that would...
September 26, 2023
The customer claims portal for failed crypto exchange FTX closes this Friday (Sept. 29). Next Tuesday (Oct. 3), Sam Bankman-Fried, the company’s co-founder and former CEO, heads to trial where...
March 09, 2025
Cryptocurrency-wunderkind-turned-convicted-fraudster Sam Bankman-Fried is reportedly seeking a pardon from the Trump administration. As The New York Times (NYT) reported Friday (March 7), this effort — described in the article as a “long shot” — has included reaching out to D.C. lobbyists and consulting with Kory Langhofer, an Arizona lawyer who worked on Trump’s presidential campaigns […]
January 31, 2025
The parents of Sam Bankman-Fried, co-founder of FTX, are reportedly exploring avenues to secure a pardon for their son from President Donald Trump. Joseph Bankman and Barbara Fried, both professors...
December 26, 2024
Following the collapse of cryptocurrency exchange platform FTX amid fraud convictions, former executives Caroline Ellison and Ryan Salame have had their prison time shortened. According to a Tuesday (Dec. 26)...
November 11, 2024
FTX is suing cryptocurrency giant Binance and its former CEO for $1.8 billion. The lawsuit, filed Sunday (Nov. 10) by the FTX bankruptcy estate, centers around what FTX labeled a “fraudulent” share deal. It...
