FTX Estate Battles $264 Million Claim: Was Undelivered 800 Million SRM Loan a Sham?
The FTX bankruptcy estate is embroiled in a legal dispute with Jump Trading subsidiary, Tai Mo Shan, over a $264 million claim related to an...
FTX From Ashes to Riches? Debt Repayment Plan Pumps FTT, USTC, LUNA (Will They Moon?)
Renewed optimism is coursing through the crypto veins as FTX, the exchange that sent chills down spines with its November 2022 collapse, unveils a debt...
Scrambling for Spoils: Legal Battle Erupts Over Seized Sam Bankman-Fried Assets
The aftermath of Sam Bankman-Fried's criminal conviction continues to unfold, with a legal battle brewing over millions of dollars in assets seized by the government....
FTX Offloads Remaining Anthropic Shares for $450 Million Paving Way for Full Creditor Repayment
The FTX estate, led by CEO John Ray III, has completed the sale of its remaining stake in artificial intelligence startup Anthropic, netting over $450...
FTX Founder Sam Bankman-Fried Sentenced to 25 Years for $3.8 Billion Crypto Fraud
Sam Bankman-Fried, the once-celebrated founder of FTX, was sentenced to 25 years in prison today in a packed New York courtroom, marking a dramatic fall...
Scramble for Locked SOL! FTX Estate’s $7.5 Billion Auction Heats Up as Investors Rush In
The FTX estate's fire sale of $7.5 billion worth of locked Solana (SOL) has sparked a bidding frenzy, with several investment firms vying for a...
FTX to Sell Anthropic Stake for $884 Million, Boosting Customer Repayment Hopes
The FTX bankruptcy estate has secured a significant victory by selling the majority of its stake in artificial intelligence (AI) startup Anthropic for a whopping...
From “Woke” to “Republican”: Desperate PR Ideas Revealed in Bankman-Fried’s Sentencing Plea
Disgraced crypto entrepreneur Sam Bankman-Fried faces a potential 50-year prison sentence, and newly released documents reveal a series of bizarre PR tactics he considered to...
FTX Dumps its AI Dream: $1.4 Billion Anthropic Stake on the Auction Block
Cryptocurrency exchange FTX, amidst its ongoing efforts to settle debts following its collapse in November 2022, has filed a motion seeking court approval to offload...
Crypto Kingpin Sam Bankman-Fried Found Guilty of All Seven Charges, Faces 115 Years in Prison
On November 2, 2023, a jury found Sam Bankman-Fried, the former CEO of FTX, guilty on all seven criminal counts against him, including wire fraud,...