US Prosecutors Are Said to Examine Crypto Wallets Linked to Sam Bankman-Fried
Federal prosecutors are looking into a series of crypto transactions that online analysts have tied to digital wallets associated with disgraced crypto mogul Sam Bankman-Fried, according to a person familiar with the matter.
Media Draws Attention to Sam Bankman-Fried’s 2 Visits While on House Arrest
After FTX co-founder Sam Bankman-Fried (SBF) was released on bail and traveled to his parent’s home in California, it has been reported that SBF was visited by the crypto advocate Tiffany Fong, and also the “Big Short” author Michael Lewis while he’s been on house arrest. Fong detailed she managed to interview SBF, while Lewis visited to presumably get information on the downfall of the FTX empire for the writer’s upcoming book.
Sam Bankman-Fried Expected to Plead Not Guilty on FTX Fraud Charges
Disgraced FTX founder Sam Bankman-Fried is expected to enter a plea of "not guilty" next week as he faces eight federal charges in the Southern District of New York related to the downfall of his crypto exchange, according to a report from the <i>Wall Street Journal</i>, citing a person familiar with the situation.
Sam Bankman-Fried Denies Moving Funds From Alameda Wallets
Sam Bankman-Fried, the former CEO of the now-defunct FTX exchange, has denied moving funds tied to Alameda wallets, days after he was released on a $250 million bond.
FTX’s International Customers Lawyer Up, Ask Judge to Rule That Customer Assets Are Not Property of FTX Estate
Lawyers representing FTX.com’s non-US customers have joined the bankruptcy fray, filing a motion on Wednesday asking a Delaware judge to rule that customer assets locked in the collapsed exchange are customer property – not property of the FTX estate.
FTX Japan to Allow Customers to Withdraw Funds Starting in Mid-February
FTX Japan customers will be able to withdraw their funds as of mid-February , the subsidiary of FTX Trading said in a blog post on Thursday, making them some of the first customers of the collapsed crypto exchange to get their money back.
FTX Founder Reportedly Cashes out $684K After Being Released on Bail
FTX founder Sam Bankman-Fried is reportedly cashing out large amounts of cryptocurrency soon after being released on bail, on-chain data suggests.
FTX-Owned Liquid to Return Customer Funds Next Year
Japanese crypto exchange Liquid, which now-collapsed FTX owns, announced plans to return customer assets that will begin in 2023. The process of asset return will be opened for the accounts holders with FTX Japan and Liquid Japan.
Second Set of Transactions From Alameda Wallets Likely Liquidators: Nansen
FTX liquidators may be behind the latest transactions from Alameda Research wallets, but someone else may have sent the first set of cryptocurrencies to decentralized exchanges.
Regulators in the Bahamas Are Holding $3.5 Billion in FTX Customer Assets
The Bahamian Securities Commission has taken custody of FTX deposits valued at more than $3.5 billion as of Nov. 12, according to a media release published late Thursday by the BSC.
Bankman-Fried Met With White House Aides on Crypto Policy Before FTX Collapse
Sam Bankman-Fried, the now-disgraced cryptocurrency mogul, held at least four meetings with senior White House officials this year — part of a push to influence crypto policy and build connections in Washington before his FTX empire ultimately collapsed.
Biggest Crypto CEO Exits of 2022: Jesse Powell of Kraken, Michael Saylor of MicroStrategy, SBF of FTX
As the crypto market declined in 2022, the departures began en masse. Several high-profile CEO stepped down from their respective roles at the head of crypto-centric firms in 2022, including Jesse Powell of Kraken, Michael Saylor of MicroStrategy, Alex Mashinsky of Celsius, and Sam Bankman-Fried of FTX.
Prosecutors Unlikely to Offer Sam Bankman-Fried a Favorable Plea Deal, Says Lawyer
Set to appear in court in the first days of January to enter a plea deal, Bankman-Fried is "unlikely to receive a favorable deal from prosecutors," argued Mark Kasten, counsel in Buchanan Ingersoll and Rooney’s Blockchain and Crypto Assets practice group.
Solana Down More Than 20% in the Last 7 Days Alone, Is There an End in Sight?
According to crypto data aggregator Coinmarketcap, the price of Solana is down more than 20% in the last 7 days alone. These losses align with the general bear market trend being experienced in the crypto sector but the decline in faith in the digital asset brought about by the collapse of FTX, Solana’s biggest support, puts added pressure on it.
‘Wall Street Wolf’ J. Belfort Calls FTX ‘Slaughter’ Drug-Related, Says SBF Is ‘Done’
Commonly known as the “Wolf of Wall Street,” Jordan Belfort said that SBF was “done” and that the implosion of the FTX ecosystem was largely fuelled by the amphetamine use of Caroline Ellison, the former CEO of Alameda Research, who was arrested alongside SBF.
FTX Founder SBF Single Handedly Funded $760,000 to This Political Organization
Bankman-Fried has been said to donate around $760,000 to the Campaign Legal Center’s (CLC) action fund in 2021, according to a spokesperson for the organization.
FTX Japan Shares Roadmap for Returning Customers’ Assets
FTX Japan, the Japanese arm of bankrupt cryptocurrency exchange FTX, has shared a new roadmap for the return of customers’ assets.
FTX Used $200M in Customer Funds to Invest in Two Companies — US SEC
The US SEC has discovered that FTX ventures invested $200 million in customer funds in Mysten Labs and the fintech company Dave.
FTX Japan Reveals Plans to Return Customer Funds
FTX Japan, the Japanese subsidiary of embattled crypto exchange FTX, has announced plans to return customer assets by re-enabling withdrawals. The announcement comes a few weeks after the exchange revealed that assets on its cold wallets are significantly greater than customer deposits, noting that user funds are safe.
Top SEC Official Steps Down Following Controversial Meetings with Sam Bankman-Fried and FTX Lobbyists
Dan Berkovitz, General Counsel at the Securities and Exchange Commission, is departing the agency amid reports that he had met and dined with disgraced FTX founder Sam Bankman-Fried.
