14:00 The U.S. Justice Department Awaits Bahamas Response Regarding New Charges Against Sam Bankman-Fried
Some SBF charges will be dropped if Bahamas objects, U.S. prosecutors say The charges relating to Sam Bankman-Fried’s alleged bank fraud, operating an unlicensed money transmitter service and bribing Chinese officials may be dropped. News Join us on social networks United States prosecutors will drop some of the charges against former FTX CEO Sam Bankman-Fried if the Bahamas government objects to them, according to a document filed […]
Today in Crypto: Key App Reveals Bridge Connecting Solana & Ethereum, ECB Publishes Two Reports on Digital Euro, Russia Abandons National Crypto Exchange Plans, CoinEx Launches BitHK
Crypto Influencer Loomdart Pitches FTX 2.0 as the Path Forward for FTX Creditors Image Source: Adobestock Crypto veteran Loomdart is supporting an FTX reboot as a way to make creditors whole and increase trust in the industry. Loomdart, who is also the co-founder of eGirl Capital, said an FTX relaunch could be successful if all users and creditors get a chunk of the platform. "Right now, you have […]
FTX Lawsuit Against Shaq Takes a Wild Turn: Court Documents Allegedly Thrown at NBA Star’s Car In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was not duly served in the FTX class-action lawsuit. As per the document, servers allegedly hurled the court documents at Shaq’s car, ultimately landing on the public street near his Georgia residence. Shaq’s Legal Team Fights […]
Solana Founder Unfazed by FTX Troubles and Growing Blockchain Competition – Here's the Latest Source: AdobeStock / Aleksandra Sova Solana Labs founder Anatoly Yakovenko remains confident about the prospects of the Solana blockchain amid increasing competition from other emerging blockchain networks. At least six blockchain networks are set to launch soon, with Scroll, Linea, and the Coinbase-backed Base projects already gaining popularity among developers, potentially affecting market share for […]
FTX Boss Ryan Salame’s Maryland Home Searched by FBI in Unexplained Raid According to unnamed sources, the home of Ryan Salame, the former co-chief executive of FTX Digital Markets, was searched by the U.S. Federal Bureau of Investigation (FBI) on Thursday. The grounds for the raid remain unknown, and neither Salame nor his legal representative have offered any statement concerning the situation. FBI Conducts Mysterious Search on […]
FBI Raids Former FTX Executive Ryan Salame’s Residence The FBI has reportedly carried out a search at the residence of former FTX executive Ryan Salame. The purpose of the raid is unclear at this time. Salame was a part of Sam Bankman-Fried’s inner circle during his stint at the bankrupt exchange. The former executive has not been charged or accused of a crime […]
Bahamas Readies Stricter DARE Crypto Regulations After FTX Saga Summary: Authorities in the Bahamas are working on drafting and implementing improved laws to govern crypto businesses in the country. The move comes months after FTX, a major crypto exchange domiciled in the Bahamas, collapsed and wiped out tens of millions in investments. FTX’s crash became a lightning rod for regulators who favor regulations that […]
Judge approves taps on SBF’s parents’ phones to meet bail conditions Surveillance software installed on Sam Bankman-Fried’s parents’ phones will track every minute of their activity across browsers, messaging and calls. News Own this piece of history Collect this article as an NFT Join us on social networks Surveillance software has been successfully implemented on Sam Bankman-Fried’s parents’ cell phones to ensure he does not breach […]
Sam Bankman-Fried's Lawyers Encounter Challenges Meeting Bail Conditions, Struggle to Monitor Parents' Phones Source: YouTube / ABC News Lawyers for disgraced FTX co-founder Sam Bankman-Fried are struggling to meet conditions for their client’s bail, including a requirement that phones used by Bankman-Fried’s parents take photos of the user “every five minutes.” The problems with meeting the conditions of Bankman-Fried’s bail were described in a letter filed with the […]
Spreading misinformation about Changpeng Zhao 'was the norm' for SBF, says Binance CSO Binance chief strategy officer Patrick Hillmann claimed former FTX CEO Sam Bankman-Fried was "constantly" using his platform to disparage CZ without considering the FTX Token sale. News Own this piece of history Collect this article as an NFT Join us on social networks Former FTX chief executive officer Sam Bankman-Fried used Twitter and other means […]
FTX Exchange's Revival Plan Attracts Potential Bid from Tribe Capital – Will Sam Bankman-Fried Be Involved? Image credit: FTX An effort to revive collapsed crypto exchange FTX has drawn interest from Tribe Capital, a venture firm seeking to lead a $250 million fundraising campaign for the new platform. According to a Tuesday report from Bloomberg, Tribe is considering injecting new capital to reboot FTX. The VC firm aims to spearhead a $250 […]
NBA Hall of Famer Shaq Served in FTX Investor Suit A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX. Shaquille Served Legal Notice in FTX Lawsuit Outside His […]
Celebrities Who Promoted FTX Say Victims Cannot Sue Over Lost Accounts The celebrities who promoted FTX have stated that the exchange’s victims can’t sue them over their lost accounts and funds. Celebrities including Larry David and Tom Brady were named in a class-action lawsuit filed against Sam Bankman-Fried. The class-action lawsuit alleges that FTX unlawfully offered unregistered securities in the form of yield-bearing accounts. TV stars […]
FTX Victims' Lawyers Face Challenge in Serving NBA Legend Shaquille O'Neal – What's Going On? Source: shaq / Instagram Legendary basketballer Shaquille O'Neal has been served in a class-action lawsuit against FTX founder Sam Bankman-Fried - but it wasn't easy, the plaintiffs' lawyers have claimed. On April 17, the class action litigation law firm The Moskowitz Law Firm said that the plaintiffs in the "billion-dollar FTX class action case" finally […]
FTX Debtors Unveil Report That Identifies and Discusses Control Failures by Sam Bankman-Fried Led Management
Report: Binance Asked to Provide More Information as Dubai Tightens Screws Against Crypto Entities Dubai’s Virtual Assets Regulatory Authority (VARA) has reportedly asked Binance to share more information about the crypto exchange’s ownership structure and its auditing procedures. According to reports, Dubai regulators are still keen on fostering innovation but without comprising the security of users’ funds. Binance Asked to Provide More Information The collapse of the crypto exchange […]
FTX EU Launches New Website for Withdrawals as Subsidiary Starts Returning Funds to Customers FTX’s European subsidiary, FTX Europe, has launched a new website, ftxeurope.eu, for users to withdraw funds from the now-defunct cryptocurrency platform. Withdrawal requests must be submitted through the new website and will be “subject to customary know-your-customer and anti-money-laundering checks.” FTX’s European Arm Opens Withdrawals to Customers According to a press release published on Friday, […]
Solana overcomes FTX fiasco — SOL price gains 100% in Q1 The cryptocurrency market may have overreacted to Solana's FTX links and its tainted boss Sam Bankman-Fried. Altcoin Watch Own this piece of history Collect this article as an NFT Join us on social networks The price of Solana (SOL) fell nearly 95% in 2022, partly due to its association with tainted crypto entrepreneur Sam Bankman-Fried […]
Sam Bankman-Fried Pleads Not Guilty to New Fraud and Bribery Charges in Federal Court – Here's What You Need to Know
Sam Bankman-Fried is paying for legal defense using previously gifted funds from Alameda: Report The former FTX CEO reportedly gave Joseph Bankman roughly $10 million funded by a loan from Alameda Research as a part of a lifetime estate and gift tax exemption. News Own this piece of history Collect this article as an NFT Former FTX chief executive officer Sam Bankman-Fried, also known as SBF, is reportedly funding […]
Sam Bankman-Fried charged with bribing Chinese officials: Court docs The former FTX CEO is in hot waters once again, as he is facing a new 13-count indictment from authorities in the United States. News Own this piece of history Collect this article as an NFT FTX cryptocurrency exchange founder and former CEO Sam Bankman-Fried, or “SBF,” is facing a new 13-count indictment from authorities […]
Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees FTX's legal counsel requested insurers to advance or reimburse Bankman-Fried's defense costs and fees under the company's directors and officers (D&O) insurance. News Own this piece of history Collect this article as an NFT Sam Bankman-Fried is seeking to use FTX's insurance policies to cover his legal expenses, according to a court filing on March […]
