In a court hearing on Friday morning, the bankruptcy judge overseeing FTX’s case approved the hiring of the law firm Sullivan & Cromwell, and called allegations from a former FTX US compliance off...
Tag: execs
Crypto recruitment execs reveal the safest jobs amid layoff season
Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, ...
Crypto execs agree lending needs to mature, outgrow its cliquish nature to thrive
Crypto lending needs to diversify if it hopes to thrive, according to panelists speaking at the CFC Conference in St Moritz. The bull cycle of 2021 marked a period of wild exuberance that sent t...
Industry execs expect more big players to jump in
Despite the bullying that gamers inflict on traditional gaming companies dipping their toes into nonfungible tokens (NFTs), executives working within the NFT gaming industry are hopeful that more trad...
Ripple Execs Predict Increasing Utility As Key Driver 2023
A few days ago, Ripple Labs’ Managing Director for Europe, Sendi Young, shared her predictions for 2023, as Bitcoinist reported. Now, in a new blog post, other Ripple executives have also shared what ...
The Lawsuit Filed Against Do Kwon and Other Terra Execs Has Been Dismissed
It would seem that Terra and Do Kwon have briefly lost some of the attention that was previously focused on them due to the failure of FTX and the ongoing turmoil surrounding it and its criminal found...
Court filings show FTX execs lavished over $40m on hotels
FTX bankruptcy documents filed in the Delaware bankruptcy court show the exchange’s disgraced founder, Sam Bankman-Fried and executives lavished over $40 million on luxury living and “crazy” expenses ...
Why DeFi should expect more hacks this year: Blockchain security execs
Decentralized finance (DeFi) investors should buckle themselves up for another big year of exploits and attacks as new projects enter the market and hackers become more sophisticated. Executives from ...
3AC Execs Served Subpoena Via Twitter Due To Whereabouts Unknown
The woes of embattled and bankrupt crypto hedge fund firm Three Arrows Capital appear to be worsening. Co-founders Kyle Davies and Su Zhu — as well as Three Arrows itself were — have been slapped with...
South Korean Crypto Exchange Execs Arrested For Fraud
V Global, a South Korean crypto exchange valued at roughly 2 trillion won (about $1.5 billion USD), has been subjected to a government investigation, with six of its executives facing arrest and impri...
FTX Customers File Class Action Against Defunct Exchange, Top Execs: Report
FTX and some of its former top leadership including have been slapped with a class action lawsuit by customers on December 28, according to the latest Reuters report. The customers have sought a decla...
Crypto Investors and Execs Experience Harsh Winter (Report)
2022 will go down in history as one of the most atrocious and shocking for the cryptocurrency industry, which saw several major implosions, countless bankruptcies, fallouts, and everything in between....
Mythical Games sues former execs for secretly raising $150m for new startup
Mythical Games, a web3-focused gaming unicorn, is suing its former execs for raising funds for a new startup and stealing investors from it. Mythical Games filed a lawsuit on Dec. 23 at a Los Angeles ...
Bankman-Fried execs likely to be freed on bail after FTX fraud pleas
Damian Williams, US attorney for the Southern District of New York, speaks during a new conference at the US Attorney’s Office-Southern District of New York (SDNY) in New York, US, on Tuesday, D...
SEC Charges Against FTX, Alameda Execs Wang and Ellison Reveal Key Findings, US Regulator Says FTT Is a Security – Bitcoin News
On Dec. 21, 2022, members of U.S. law enforcement detailed that FTX co-founder Gary Wang and ex-Alameda Research CEO have pleaded guilty to financial fraud charges. The recent charges against Wang and...
3 FTX Execs Have Snitched on SBF, Now Scrutiny Is Aimed at Nishad Singh and Ramnik Arora – Bitcoin News
On Dec. 21, U.S. law enforcement officials from the Southern District of New York (SDNY), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) revealed the...
FTX, Alameda execs plead guilty to fraud charges: Community responds
In the newest update to the FTX saga, former Alameda Research CEO Caroline Ellison and former FTX co-founder Gary Wang plead guilty to fraud charges and are currently helping with the investigation of...
Ripple Execs Slam SEC And Wells Fargo; New Court Schedule
Ripple remains belligerent against the U.S. Securities and Exchange Commission (SEC). Both CEO Brad Garlinghouse and general counsel Stuart Alderoty wrote tweets denouncing the SEC’s double standards....
FTX, Alameda Execs Plead Guilty to Fraud, Released On Bail
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have pleaded guilty to federal criminal charges over their role in fraud which contributed to FTX’s implosion. US attorn...
Auto execs less confident in EV adoption amid economic fears: KPMG
A NYC charging station seen in the Yorkville neighborhood of New York City. Adam Jeffery | CNBC DETROIT — Global automotive executives are less confident about the rate of adoption of electric vehicle...
Industry execs confident in DeFi adoption despite security flaws: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Industry experts are ...
Three Execs Abruptly Depart SPAC As Lingering Investigations And Market Chaos Imperil Deal
Topline Digital World Acquisition Corp., the special-purpose acquisition company picked to take former President Donald Trump’s social media company public, unveiled a series of high-level depar...
Only 3 FTX Execs Could’ve Sent User Funds to Alameda: Co-CEO
A senior FTX executive blew the whistle on user funds being siphoned to Sam Bankman-Fried’s trading shop Alameda Research, just days before the firms filed for bankruptcy. Ryan Salame, co-CEO of...
SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’ – Bitcoin News
On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release S...
FTX execs had ‘free rein’ over exchange, Alameda, CEO Ray says
Sam Bankman-Fried and his top lieutenants had “free rein” over failed crypto exchange FTX and its sister trading firm, Alameda Research, the new FTX CEO said in a congressional hearing. Testify...
Industry execs voice confidence in DeFi adoption despite security flaws
With decentralized finance (DeFi) being a hub for various hacks and exploits, some may feel discouraged or wary of entering the space. However, professionals within the crypto space are confident that...
Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’ – Bitcoin News
According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablec...
Former Wells Fargo execs ordered to pay $18.5M over fake accounts scandal
Three former Wells Fargo executives face hefty fines over the mega-bank’s fake accounts scandal after a judge recommended they be forced to pay $18.5 million in collective penalties for failing ...
Ripple Execs Facing Multi-Million Fines From SEC?
Sasha Hodder, founder of Hodder Law Firm, has started a discussion among lawyers on Twitter about whether Ripple chiefs Brad Garlinghouse and Chris Larsen face fines in their legal battle with the U.S...
Institutions To Tokenize $25B in Off-chain Assets in 2023, VanEck Execs Predict
Executives at fund manager VanEck are bullish on security tokenization accelerating in 2023 and believe sovereign institutions could be a main driver of a projected bitcoin price increase in the secon...
FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal – Bitcoin News
According to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the deal was worth more than $100 million and it was reportedly pus...