FTX founder Sam Bankman-Fried, once a billionaire, was convicted of all seven counts for defrauding customers, and marking a significant downfall.
FTX faces ongoing challenges, now dealing with a $10 million BTC theft, blockchain sleuth PeckShield spotted the incident.
Nansen Analytics reveals that the wallet addresses associated with Alameda Research and FTX have shifted above $60M in crypto assets to Binance and Coinbase.
FTX has three different bids on the table and the firm is reconsidering these three options. First, to sell the exchange, the second option is to...
There could be multiple reasons behind the cryptocurrency exchange going bankrupt i.e., financial mismanagement, market downturns and regulatory crackdowns.
The letter argues against the motion that Sam Bankman-Fried (SBF) filed for his temporary discharge from the jail ahead of the trial.
In this respect, a New Jersey-based US Bankruptcy Court approved the liquidation plan that BlockFi submitted for the repayment of the funds to the clients.
