Crypto Exchange Founder

A US judge on Wednesday temporarily barred FTX founder Sam Bankman-Fried from contacting current or former employees of the cryptocurrency exchange or his Alameda Research hedge fund, and from using encrypted messaging tools including Signal. The ruling by US District Judge Lewis Kaplan came after federal prosecutors in Manhattan said Bankman-Fri...

FTX informed creditors on Tuesday that $415 million (roughly Rs. 33,90 crore) in cryptocurrency was stolen from the collapsed exchange by hackers. The exchange's founder, Sam Bankman-Fried, faces fraud charges in the US after he was extradited from the Bahamas. FTX recently told a US bankruptcy court it recovered over $5 billion (roughly Rs. 40,850...

FTX founder Sam Bankman-Fried has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research. Bankman-Fried has pleaded not guilty to fraud charges.

FTX's former top lawyer Daniel Friedberg has cooperated with U.S. prosecutors as they investigate the crypto firm's collapse, a source familiar with the matter said.

FTX customers filed a class action lawsuit against the failed crypto exchange and its former top executives including Sam Bankman-Fried on Tuesday, seeking a declaration that the company's holdings of digital assets belong to customers.

Sam Bankman-Fried was extradited to the US from the Bahamas on Wednesday, while two of his former associates pled guilty to charges of fraud. Caroline Ellison, former CEO of Alameda Research, and Gary Wang, co-founder of FTX, decided to cooperate with the government in a move that will ramp up the pressure on the former CEO of the collapsed crypto ...

Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, has signed legal papers that clear the way for him to be extradited to the US to face charges of fraud, according to a Bahamas official. The exchange's founder initially told a Bahamas court he would contest extradition, but it was later reported that he planned to reverse his deci...

FTX lawyers will fight a demand from Bahamian authorities seeking access to the company's internal records. Liquidators of FTX's Bahamian business are set to ask a UK court for access to the Slack, Google and Amazon Web Services accounts and data of FTX's US unit.

FTX founder Sam Bankman-Fried said he was pressured into nominating John Ray as chief executive of the crypto exchange in early November by Sullivan and Cromwell lawyers.

FTX's Sam Bankman-Fried is set to testify before a US House committee on Tuesday, the cryptocurrency exchange's founder and the congressional panel said on Friday, as regulators investigate his role in the wake of its collapse.

WazirX received 828 requests for information from the FBI, Interpol, NIA, ED, CBI, and other international and Indian law enforcement agencies between April and September, the crypto exchange said in its latest transparency report. The exchange said it blocked over 700 accounts during the same period, and most of these were due to requests from use...

Joe and Anthony Russo’s production banner AGBO will produce a new Prime Video series, detailing the rise and fall of cryptocurrency platform FTX under founder Sam Bankman-Fried.

The founder of the failed crypto exchange FTX has written to his former employees apologising for his role in its collapse and continuing to insist its downfall can be solely explained by a misplaced $8 billion (roughly Rs. 64,940 crore).

FTX was being probed by US federal prosecutors months before the crypto exchange collapsed earlier this month, according to a report. The beleaguered crypto exchange filed for US bankruptcy protection and its founder Sam Bankman-Fried resigned as chief executive, after rival exchange Binance walked away from a proposed acquisition. The implosion of...

FTX founder Sam Bankman-Fried, facing mounting legal challenges over the collapse of his cryptocurrency exchange, may have harmed his defense by speaking publicly in recent days, legal experts said. Bankman-Fried has sought to explain the implosion of FTX and disparaged government regulators in posts on Twitter and conversations with reporters. Att...

A US judge on Wednesday temporarily barred FTX founder Sam Bankman-Fried from contacting current or former employees of the cryptocurrency exchange or his Alameda Research hedge fund, and from using encrypted messaging tools including Signal. The ruling by US District Judge Lewis Kaplan came after federal prosecutors in Manhattan said Bankman-Fri...

FTX informed creditors on Tuesday that $415 million (roughly Rs. 33,90 crore) in cryptocurrency was stolen from the collapsed exchange by hackers. The exchange's founder, Sam Bankman-Fried, faces fraud charges in the US after he was extradited from the Bahamas. FTX recently told a US bankruptcy court it recovered over $5 billion (roughly Rs. 40,850...

FTX founder Sam Bankman-Fried has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research. Bankman-Fried has pleaded not guilty to fraud charges.

FTX's former top lawyer Daniel Friedberg has cooperated with U.S. prosecutors as they investigate the crypto firm's collapse, a source familiar with the matter said.

FTX customers filed a class action lawsuit against the failed crypto exchange and its former top executives including Sam Bankman-Fried on Tuesday, seeking a declaration that the company's holdings of digital assets belong to customers.

Sam Bankman-Fried was extradited to the US from the Bahamas on Wednesday, while two of his former associates pled guilty to charges of fraud. Caroline Ellison, former CEO of Alameda Research, and Gary Wang, co-founder of FTX, decided to cooperate with the government in a move that will ramp up the pressure on the former CEO of the collapsed crypto ...

Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, has signed legal papers that clear the way for him to be extradited to the US to face charges of fraud, according to a Bahamas official. The exchange's founder initially told a Bahamas court he would contest extradition, but it was later reported that he planned to reverse his deci...

FTX lawyers will fight a demand from Bahamian authorities seeking access to the company's internal records. Liquidators of FTX's Bahamian business are set to ask a UK court for access to the Slack, Google and Amazon Web Services accounts and data of FTX's US unit.

FTX founder Sam Bankman-Fried said he was pressured into nominating John Ray as chief executive of the crypto exchange in early November by Sullivan and Cromwell lawyers.

FTX's Sam Bankman-Fried is set to testify before a US House committee on Tuesday, the cryptocurrency exchange's founder and the congressional panel said on Friday, as regulators investigate his role in the wake of its collapse.

WazirX received 828 requests for information from the FBI, Interpol, NIA, ED, CBI, and other international and Indian law enforcement agencies between April and September, the crypto exchange said in its latest transparency report. The exchange said it blocked over 700 accounts during the same period, and most of these were due to requests from use...

Joe and Anthony Russo’s production banner AGBO will produce a new Prime Video series, detailing the rise and fall of cryptocurrency platform FTX under founder Sam Bankman-Fried.

The founder of the failed crypto exchange FTX has written to his former employees apologising for his role in its collapse and continuing to insist its downfall can be solely explained by a misplaced $8 billion (roughly Rs. 64,940 crore).

FTX was being probed by US federal prosecutors months before the crypto exchange collapsed earlier this month, according to a report. The beleaguered crypto exchange filed for US bankruptcy protection and its founder Sam Bankman-Fried resigned as chief executive, after rival exchange Binance walked away from a proposed acquisition. The implosion of...

FTX founder Sam Bankman-Fried, facing mounting legal challenges over the collapse of his cryptocurrency exchange, may have harmed his defense by speaking publicly in recent days, legal experts said. Bankman-Fried has sought to explain the implosion of FTX and disparaged government regulators in posts on Twitter and conversations with reporters. Att...