FTX
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Markets
Prosecutors Demand 50 Years for Bankman-Fried, Citing FTX Founder’s Repeated Gambles ‘With Other People’s Money’ – Legal Bitcoin News
In a statement from U.S. Attorney Damian Williams and his team, the fallen FTX founder, Sam Bankman-Fried (SBF), faces a…
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Markets
Pantera Capital fundraising to acquire discounted SOL tokens from FTX Estate
Pantera Capital initiates $250M fundraise for discounted SOL tokens from FTX Estate. Pantera Capital’s target price is $59.95 per SOL,…
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Markets
FTX to sell European subsidiary for $33 million – CoinJournal
FTX sought to claw back $323 million from founders of FTX Europe, a crypto platform the bankrupt exchange acquired in…
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Markets
FTX to Sell Subsidiary Acquired for $10M to Coinlist for $500K Amid Bankruptcy Proceedings – Bitcoin News
FTX Trading Ltd. and its affiliates have announced a plan to sell a subsidiary it acquired for $10 million to…
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Markets
Appeals court orders an independent scrutiny of FTX bankruptcy
The federal appeals court in Philadelphia ordered that an independent examiner be appointed to scrutinize the FTX collapse. Bankruptcy court…
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Markets
US prosecutors water down FTX Ex-CEO SBF’s second trial probability: no new evidence
US prosecutors deem the second trial unlikely for FTX’s ex-CEO Sam Bankman-Fried. Lack of new evidence cited; the initial trial…
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Markets
FTX loses $53K every hour on ‘bankruptcy fees’ — latest filings show
Crypto exchange FTX has been burning through approximately $53,000 every hour over the three months ending Oct. 31 — just…
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Markets
FTX debtors will assess values of crypto claims based on petition date market prices
The debtors of the now-defunct cryptocurrency exchange FTX have filed the amended Chapter 11 plan of reorganization which indicates the…
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Markets
Sam Bankman-Fried’s lawyer says FTX fraud trial was “almost impossible” to win: report
The lawyer responsible for Sam Bankman-Fried’s criminal trial defense has admitted that the case was “almost impossible” to win from…
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Markets
IRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX
A proposed $24 billion tax bill from the United State IRS will likely suck up any “meaningful recovery” that was…
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