Silvergate Capital Corp (NYSE: SI) had a run on its accounts when the cryptocurrency exchange FTX went bankrupt, causing the bank to liquidate assets at a significant loss to cover customer withdrawal...
Tag: FTX
Former FTX Lawyer To Assist In Investigations, Shall Divulge Firm’s Confidential Information
The former lawyer of bankrupt FTX, Daniel Friedberg, has agreed to disclose details of the company to US prosecutors as they investigate the collapse of FTX. This comes after the Manhattan US Attorney...
SDNY Establishes Special Group to Find FTX Funds
The SDNY has established a special force in order to deal with FTX’s aftermath – and find the money! The United States Attorney’s Office for the Southern District of New York (SDNY) announced on Jan. ...
$460 million in Robinhood shares seized in FTX fraud case
The US government has seized hundreds of millions of dollars’ worth of shares in Robinhood Markets Inc. as part of the fraud case against Sam Bankman-Fried. According to a report on Bloomberg, t...
SDNY Launches FTX Task Force To Investigate and Recover Victim Funds
The U.S. Attorney’s office for the Southern District Of New York (SDNY) has announced the formation of an FTX task force to handle further investigations and prosecutions related to FTX. “The Southern...
Former FTX lawyer tipped off US prosecutors on SBF fund abuse: Reuters
Collapsed crypto exchange FTX’s former top lawyer, Daniel Friedberg, shared his knowledge of founder Sam Bankman-Fried’s use of customer funds with U.S. prosecutors. Friedberg joined a mee...
On New Year’s Eve, ‘F- SBF’ was projected onto FTX Arena in Miami
Join Our Telegram channel to stay up to date on breaking news coverage According to a post on Instagram by director and documentary producer Billy Corben, “F— SBF” and “Where is my money Sam” were ill...
Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials – Bitcoin News
According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about ...
Judge Prohibits Sam Bankman-Fried From Accessing FTX, Alameda Funds
A modification was made to FTX founder Sam Bankman-Fried’s bond agreement on Tuesday, prohibiting him from accessing or transferring funds related to FTX or Alameda Research as a new condition of his ...
DOJ Seizes Banking Assets and Robinhood Shares Connected to FTX; Details of meetings and Biden officials revealed
Join Our Telegram channel to stay up to date on breaking news coverage Government officials have informed a virtual court hearing in Delaware that the U.S. Federal government has confiscated or is in ...
Former FTX CEO Sam Bankman-Fried Pleads Not Guilty to Criminal Charges, Bond Signees’ Names Remain Sealed – Bitcoin News
On Jan. 3, 2023, the former FTX CEO Sam Bankman-Fried (SBF) pleaded not guilty to eight criminal charges that involve two counts of wire fraud and six counts of conspiracy. In addition to the not guil...
Feds Move To Seize FTX’s Robinhood Shares As Sam Bankman-Fried Faces Fraud Charges
Topline Federal authorities have seized or are in the process of seizing more than $400 million worth of Robinhood Markets shares tied to bankrupt cryptocurrency firm FTX, a Justice Department prosecu...
Sam Bankman-Fried pleads not guilty as FTX task force created
The Manhattan U.S. Attorney’s Office said Tuesday it had created an FTX Task Force to trace and recover assets of victims of the cryptocurrency exchange firm’s collapse and to handle inves...
SDNY FTX Task Force Will Look for Lost Customer Funds in FTX Collapse
The US Attorney Damian Williams reportedly announced a task force to look over the case of crypto exchange FTX collapse. Williams is the federal prosecutor in FTX’s case including founder Sam-Bankman ...
DOJ seizing millions in Robinhood shares linked to FTX, lawyer says
The Justice Department is in the process of seizing hundreds of millions of dollars in Robinhood shares linked to FTX, a lawyer said during a Delaware court proceeding on Wednesday. A New York ...
The Bahamas lawyers up as the FTX case proceeds in US court and disagreements fester
The Bahamas will have legal representation in the unfolding FTX case. The Caribbean nation chose Brown Rudnick as counsel “in certain matters of engagement related to the collapse of FTX Digital Marke...
Bahamas Regulator Hits Back at ‘Cavalier’ New FTX Bosses
The financial regulator of the Bahamas has labeled FTX’s new management “cavalier” as it pushed back on statements made by the collapsed exchange. In a statement released late on Monday, the Securitie...
Crypto: SBF Not Guilty Over FTX Bankruptcy
The first hearing in the FTX case for co-founder Sam Bankman-Fried (SBF) was held yesterday in New York, regarding the bankruptcy of the well-known crypto exchange in November last year. Reuters repo...
FTX founder Sam Bankman-Fried pleads not guilty to all eight charges
Join Our Telegram channel to stay up to date on breaking news coverage The founder of FTX, Sam Bankman-Fried, has pled not guilty to all the charges facing him because of the collapse of his crypto em...
MLB Ends Partnership with Fallen Crypto Exchange FTX
Major League Baseball (MLB) has announced it’s not looking to continue the deal it struck with now fallen crypto exchange FTX. The MLB Is Stepping Away from FTX The deal was initially formed prior to ...
Three Arrows Capital Co-Founder Su Zhu Says Digital Currency Group and FTX Conspired To Attack Terra (LUNA)
The co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC) has launched a flurry of accusations despite facing legal scrutiny of his own. Zhu Su claims that the Digital Currency Group (DC...
Manhattan Court Announces FTX Task Force Speed Up Recovery
On Tuesday, January 3, the Manhattan U.S. Attorney’s Office announced forming of an FTX Task Force which will dedicatedly focus on all investigations and charges faced by the company. The goal of the ...
Disgraced FTX founder SBF pleads not guilty
Reports today allege that Sam Bankman-Fried, the founder and ex-CEO of FTX, plead not guilty to a range of charges. The ex-CEO is facing criminal charges, which include money laundering and wire fraud...
Sam Bankman-Fried Enters a Not Guilty Plea In FTX Fraud Case
2 hours ago | 2 mins read Exchange News SBF extradited from the Bahamas and appeared in federal court in New York. Sam Bankman-Fried pleaded not guilty to federal charges. Former FTX CEO Sam Bankman-F...
Crypto Entrepreneurs Offer Case to Acquire FTX IP
Two crypto entrepreneurs have put forth a hypothetical plan to purchase the IP of FTX and relaunch it as a new exchange. The plan covers opportunities, execution, and risks. Crypto entrepreneurs are c...
FTX Task Force Launched, Will FTX Customers Get Their Lost Funds?
While the entire crypto space is awaiting justice in the FTX case, the company’s founder and former CEO Sam Bankman-Fried have pleaded not guilty to the charges of deceiving his investors. This statem...
Bahamas regulator denies asking crypto exchange FTX to mint new tokens
The Securities Commission of The Bahamas (SCB) has denied FTX debtors’ claims and expresses concern that the investigation has been “impeded.” According to a statement released on Jan. 3, the SCB has ...
Did The Bahamas Really Seize $3.5B in Crypto? FTX Says No
Last week, the Securities Commission of The Bahamas (SCB) said it altogether sent FTX crypto worth $3.5 billion, valued at the time of transfer, for safekeeping on Nov. 12. The transfers were made sho...
SDNY launches FTX Task Force to recover funds
The Southern District of New York has created a task force intending to recoup lost FTX assets, according to a report published by CNBC on Jan. 3. That effort, called the FTX Task Force, will work to ...
Bahamian Securities Regulator Says It Has $3.5B of FTX Funds in Its Care
Since FTX filed for bankruptcy, there has been a power tussle between the exchange’s current leadership and the liquidators appointed by the Supreme Court of the Bahamas. The Securities Commission of ...
Crypto exchange FTX against the Bahamas
Less than a month ago, news had leaked that Bahamian government authorities in collaboration with the former CEO of crypto exchange FTX had attempted to create new tokens worth hundreds of millions of...
3AC’s Su Zhu accuses FTX and DCG of plotting these moves against LUNA
3AC’s Su Zhu has alleged that DCG and FTX conspired to attack LUNA and stETH. Su Zhu and Kyle Davis previously alleged that Alameda Research had hunted 3AC’s positions. Su Zhu, the man behind Three Ar...