Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense isone

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave

Nasdaq namerava uvesti skrbniške storitve za kripto v drugem četrtletju

Nasdaq namerava do konca tega leta uvesti skrbniške storitve za digitalna sredstva, kot je bitcoin’drugo četrtletje. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector

Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

V sredo, Tom Emmer, ZDA. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC is “weaponizing recent instability” in the U.S. banking industry

Ameriško tožilstvo želi dodatno omejiti dostop do interneta nekdanjemu izvršnemu direktorju FTX Sama Bankman-Frieda

ZDA. attorney for the Southern District of New York (SDNY), Damian Williams, and the Department of Justice (DOJ) are requestingproposed modificationsto the bail conditions of former FTX CEO, Sam Bankman-Fried. The SDNY prosecutor is asking the court to

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

marca 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchanges shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the companys total assets were found in

US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager

According to a court document filed recently in the Voyager Digital bankruptcy case, ZDA. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Komisija za vrednostne papirje in borzo (SEC), the FTC has objected to Binance

Kraken CEO: Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda

The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulatorji “let the bad guys get big and blow up because it serves their agenda.The executive explained: “Bad guys operate with huge competitive advantages. They suck up users, prihodek, in…

Stanford Alumni Revealed as Co-Signers of FTX Co-Founder’s $250M Bond

According to the latest court documents in the fraud case involving former FTX CEO Sam Bankman-Fried in Manhattan, the New York judge presiding over the case unsealed the co-signers of Bankman-Fried’s bond on Wednesday. The names of the two bail bond