by L Poole | Dec 30, 2022 | Breaking News: FTX Crypto Exchange Collapse, Cryptocurrency, Featured
Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul’s Alameda Research, the hedge fund’s former chief told a judge in her guilty plea for her role in the exchange’s collapse. Caroline Ellison,...
by L Poole | Dec 27, 2022 | Breaking News: FTX Crypto Exchange Collapse, Featured
Federal prosecutors are investigating an alleged cybercrime that drained more than US$370 million from cryptocurrency exchange FTX hours after it filed for bankruptcy last month. The US Department of Justice (DoJ) has launched a criminal investigation into the stolen...
by L Poole | Dec 22, 2022 | Breaking News: FTX Crypto Exchange Collapse, Featured
Top FTX executives close to Sam Bankman-Fried, Caroline Ellison and Zixiao “Gary” Wang, have pleaded guilty to fraud and are cooperating with prosecutors. The pair were convicted “in connection with their roles in the fraud that contributed...
by L Poole | Dec 14, 2022 | Breaking News: FTX Crypto Exchange Collapse, Cryptocurrency, Featured
The former CEO of collapsed cryptocurrency exchange FTX said he is willing to testify under oath to lawmakers about what happened, but warned that he will be unable to answer all of their questions. In a series of tweets, Sam Bankman-Fried replied to California...
by L Poole | Dec 6, 2022 | Breaking News: FTX Crypto Exchange Collapse, Featured
The convicted scammer Anna Sorokin thinks Sam Bankman-Fried’s media apology tour is insincere garbage, she told Insider, saying he’s trying to lay the groundwork for a legal defense over his role in FTX’s meltdown and the evaporation of...
by L Poole | Dec 1, 2022 | Breaking News: FTX Crypto Exchange Collapse, Featured
Cryptocurrency firm FTX went bankrupt earlier this month. The man at the centre of collapsed cryptocurrency exchange FTX made his first public appearance since the saga began, telling a New York audience on Wednesday that it was never his intention to commit fraud....