FTX Collapse
Sam Bankman-Fried Expresses Remorse for His Actions After Getting a 25-Year Prison Sentence
Last Thursday, while announcing the sentence U.S. District Judge Lewis Kaplan said Bankman-Fried never offered "a word of remorse" for his "terrible crimes."
Sam Bankman-Fried Sentenced to 25 Years in Prison
The former FTX CEO was convicted of seven counts of fraud and conspiracy in November, a year after the once-giant cryptocurrency exchange collapsed.
Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report
The proceeds from the sale of the shares, valued at approximately $1 billion, will go towards repaying investors.
U.S. Government's Legal Precedents Don't Support Lengthy Prison Term, Bankman-Fried's Defense Argues
Bankman-Fried was found guilty of fraud last year and will be sentenced on March 28.
DOJ's Proposed 50-Year Sentence for Sam Bankman-Fried 'Disturbing,' FTX Founder's Lawyers Say
Bankman-Fried's defense team attacked prosecutors' lengthy prison term recommendation in a new letter Tuesday.
BlockFi Settles With FTX, Alameda Estates for $874.5M
The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan.
Sam Bankman-Fried Asks for 6.5 Year Prison Term After Conviction in FTX Collapse
Bankman-Fried's lawyers objected to the Presentence Investigation Report (PSR) which recommends a sentence of 100 years in prison calling it "grotesque."
FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules
The motion to sell around 7.84% of Anthropic that FTX held as of January 2024 had been filed in early February 2024.
Sam Bankman-Fried Replaces Lawyers Ahead of Sentencing
Bankman-Fried replaced his former lawyers, Mark Cohen and Christian Everdale, as he’s headed into sentencing negotiations.
Multicoin Capital Is in Talks to Sell Roughly $100M FTX Bankruptcy Claim: Source
Positive news around the FTX bankruptcy has seen claims being sold for upward of 70 cents on the dollar, now climbing towards the eighties.
