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Tech News
Netflix is making a series about Sam Bankman-Fried and the fall of FTX
Variety reports that Anthony Boyle (Tetris, Manhunt) and Julia Garner (Ozark, The Fantastic Four: First Steps) have been cast in…
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FTX Sues Binance and Ex-CEO Zhao, Seeking $1.8 Billion Clawback
FTX filed a lawsuit against Binance Holdings and its former Chief Executive Officer Changpeng Zhao, seeking to claw back almost…
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FTX Cleared to Repay Billions to Customers After Bankruptcy Plan Approval
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up…
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Tech News
US CFTC Orders Fallen Crypto Exchange FTX to Pay $12.7 Billion to Customers
A US court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion (roughly Rs. 1,06,572 crore) in relief to its…
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Tech News
Sam Bankman-Fried Sentenced to 25 Years for Multi-Billion Dollar FTX Fraud
Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion (roughly Rs. 66,678…
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Sam Bankman-Fried Urges Lenient Sentence, Citing FTX Fund Recovery
Sam Bankman-Fried’s lawyer urged a judge on Tuesday to impose a lenient sentence for the FTX founder’s conviction for stealing…
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Crypto Firms in US Spent Nearly $19 Million on Lobbying in First 3 Quarters of 2023, on Track for Record Year
The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which…
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More Crypto Safeguards Needed to Prevent FTX Fallout Situation, Says Financial Stability Board
More measures may be needed to stop blow-ups at complex crypto firms like FTX from destabilising the wider financial system,…
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FTX Founder Sam Bankman-Fried Convicted of Multi-Billion Dollar Fraud
FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one…
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Tech News
/cdn.vox-cdn.com/uploads/chorus_asset/file/24960034/236817_SBF_Trial_Stock_CVirginia_D.jpg "FTX founder Sam Bankman-Fried is guilty of fraud")
FTX founder Sam Bankman-Fried is guilty of fraud
Let’s be honest: The facts are bad for Sam Bankman-Fried. The prosecution, in the closing statement delivered by Nicolas Roos…
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Tech News
BlockFi to Shut Operations, Return Crypto Assets to Customers
BlockFi emerged from bankruptcy on Tuesday, saying it will wind down operations and begin returning crypto assets to customers 11 months after it was swept away by the…
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Tech News
FTX Exchange Gets Court Approval to Sell Crypto Assets, Move Will Allow Repayment to Customers
Bankrupt crypto exchange FTX received US court permission on Wednesday to liquidate cryptocurrency assets, a move the company said would…
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