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Category FTX Collapse news

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Maximum Sentence: Judge Suggests Sam Bankman-Fried Could Face 110 Years In Prison

Maximum Sentence: Judge Suggests Sam Bankman-Fried Could Face 110 Years In Prison

In a courtroom drama that has captivated the cryptocurrency world, the sentencing day for Sam Bankman-Fried, co-founder of the now-bankrupt crypto ...
Mar, 28, 2024
2 min read
by Bitcoinist
Sam Bankman-Fried Cites Autism Disorder As Reason To Avoid 100 Years In Prison

Sam Bankman-Fried Cites Autism Disorder As Reason To Avoid 100 Years In Prison

In a high-profile case that has garnered considerable attention, Sam Bankman-Fried, the disgraced CEO of the now-bankrupt FTX crypto exchange, is s...
Mar, 02, 2024
2 min read
by Bitcoinist
FTX Faces Lawsuit From Creditors Challenging $16,000 Bitcoin Repayment Plan

FTX Faces Lawsuit From Creditors Challenging $16,000 Bitcoin Repayment Plan

A group of creditors of the bankrupt crypto exchange FTX filed an adversary lawsuit in response to the proposed payout plans, seeking to establish ...
Feb, 03, 2024
2 min read
by Bitcoinist
Bankrupt FTX Stirs Controversy With Repayment Plan: Bitcoin Valued At $16,000 For Customers

Bankrupt FTX Stirs Controversy With Repayment Plan: Bitcoin Valued At $16,000 For Customers

In a recent filing on December 27, bankrupt cryptocurrency exchange FTX unveiled its repayment plan, triggering customer outrage and discontent. Th...
Dec, 28, 2023
2 min read
by Bitcoinist
Ripple Claims $11 Million In FTX Bankruptcy Case, Bolstering Legal Position

Ripple Claims $11 Million In FTX Bankruptcy Case, Bolstering Legal Position

In a significant legal development within the ongoing bankruptcy case of defunct crypto exchange FTX, Ripple, the blockchain payment company, has e...
Dec, 26, 2023
2 min read
by Bitcoinist