FTX sets $900M creditor payout as SBF clemency push loses support
FTX will begin its fifth creditor distribution on July 31, sending nearly $900 million to eligible claimants under its court-approved recovery plan. Summary FTX will...
Tag : FTX
FTX to distribute $900M to creditors in fifth payment round
The trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31. In...
FTX pushes ahead with $900M payout as SBF pardon hopes fade
FTX has scheduled its fifth creditor distribution for July 31, preparing to return nearly $900 million as founder Sam Bankman-Fried’s efforts to secure clemency face...
FTX exec’s wife scheduled for November trial on campaign finance charges
Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who is serving a 7.5-year prison sentence after reaching a plea agreement with...
Crypto News, June 16: US-Iran Deal Oddity, FTX Claim Day, ETH USD Season Drawing Closer
We start today’s crypto news with a few oddities in the US-Iran deal as it closed faster than most expected, while the bombing talk was...
Sam Bankman-Fried loses appeal as U.S. court upholds FTX fraud conviction
Sam Bankman-Fried has lost his appeal to overturn his 2023 fraud conviction and 25-year prison sentence, leaving the former FTX chief with fewer legal options...
FTX Founder Sam Bankman-Fried Has Formally Filed for a Pardon From President Trump
In brief Sam Bankman-Fried field an application for pardon with the Office of the Pardon Attorney. He told Fox Business last week that he “absolutely”...
FTX founder Sam Bankman-Fried seeks presidential pardon from Trump
Sam Bankman-Fried has formally filed a presidential pardon application while continuing to challenge his conviction and 25-year prison sentence through the U.S. appeals process. Summary...
Mashinsky targets FTX and rewrites Celsius narrative
Beyond attacking the process that put him behind bars, Alex Mashinsky is now trying to recast Celsius’ collapse as an FTX‑driven hit job, even though...
FTX law firm Fenwick & West to pay $54M to victims in settlement
Fenwick & West LLP, the principal law firm that advised former cryptocurrency exchange FTX, agreed on Friday to pay $54 million to settle a 2023...