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...
Tag : FTX
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...
Law firm Fenwick & West sued for $525M over alleged role in FTX collapse
A group of 20 victims from five countries or jurisdictions has filed a $525 million lawsuit against Fenwick & West LLP, one of Silicon Valley’s...
Judge rejects new trial for former FTX CEO Sam Bankman-Fried
A Manhattan federal judge has denied FTX CEO and co-founder Sam Bankman-Fried’s motion for a new trial, rejecting his claim that there is new evidence....
FTX Estate Sold Cursor Stake for $200K: It’s Now Worth $3 Billion
The FTX bankruptcy estate sold a 5% stake in AI coding startup Cursor for $200,000 in April 2023. That same stake, following SpaceX’s agreement to...
FTX estate misses out on $3B Cursor stake value after $200K sale in 2023
The FTX estate sold its Cursor stake for $200K in 2023, now worth $3B after a SpaceX-linked valuation surge, raising questions about bankruptcy asset sales....