Etiket: FTX
Cryptocurrencies | FTX expected to recover between $14.5 billion and $16.3 billion
(New York) The liquidators of FTX, once the world’s second largest cryptocurrency exchange platform until its bankruptcy at the end of 2022, are expected to recover between $14.5 and $16.3…
Sam Bankman-Fried, former boss of the FTX platform, sentenced to 25 years in prison in the United States for fraud
Sam Bankman-Fried was found guilty in November 2023 of using, without their knowledge, funds deposited by customers of his cryptocurrency exchange platform. Published on 03/28/2024 5:09 p.m. Update on 03/28/2024…
Sam Bankman-Fried, former boss of the FTX platform, sentenced to 25 years in prison in the United States for fraud
Sam Bankman-Fried was found guilty in November 2023 of using, without their knowledge, funds deposited by customers of his cryptocurrency exchange platform. Published on 03/28/2024 5:09 p.m. Update on 03/28/2024…
Cryptocurrencies | The founder of FTX maintains his innocence
Sam Bankman-Fried, the disgraced cryptocurrency industry executive, issued his first detailed response on Thursday to the criminal charges filed against him last month, arguing that the millions of customers of…
Cryptocurrencies | Former FTX boss pleads not guilty to fraud
(New York) The co-founder and former boss of the FTX cryptocurrency trading platform, Sam Bankman-Fried, pleaded not guilty on Tuesday to eight counts against him in federal court in New…
Cryptocurrencies | After the collapse of FTX, Binance is going through turbulence
(Paris) Could the world leader in cryptocurrencies Binance collapse like the American exchange FTX? A failure could be fatal to the market, according to experts. Posted at 7:03 a.m. Joseph…
Hearing Wednesday for the ex-boss of FTX, who could be extradited in stride
Cryptocurrency exchange founder and former boss Sam Bankman-Fried plans to agree to his extradition at a hearing on Wednesday in Nassau, Bahamas, and may fly to the United States soon…
FTX was anything but a traditional exchange
Cryptocurrency exchanges such as FTX have gained some legitimacy in recent years by marketing themselves as exchanges, creating an association with stable and reliable financial institutions like the New York…
Cryptocurrencies: the ex-boss of FTX indicted for fraud by the American justice
Sam Bankman-Fried, ex-rising star of cryptocurrencies with his FTX platform and his company Alameda, was indicted on Tuesday by American justice for having defrauded his customers and investors. Arrested Monday…
Cryptocurrencies | Former FTX boss arrested in the Bahamas
(San Francisco) Sam Bankman-Fried, the fallen cryptocurrency star and former boss of the FTX platform, was arrested in the Bahamas on Monday at the request of US authorities, announced Damian…
Former FTX boss Sam Bankman-Fried arrested in the Bahamas
Sam Bankman-Fried, the fallen cryptocurrency star and former boss of the FTX platform, was arrested in the Bahamas on Monday at the request of US authorities, announced Damian Williams, a…
FTX | The new boss denounces “the complete failure” of the previous management
(New York) The ex-executives of the now bankrupt cryptocurrency exchange FTX showed a “complete failure” at all levels of control, recklessly spending their customers’ money, his new boss said on…
Cryptocurrencies | FTX founder ‘deeply sorry’ for platform’s bankruptcy
(New York) The former boss of the FTX cryptocurrency trading platform said he was “deeply sorry” on Wednesday after the company went bankrupt, but denied committing a scam. Posted at…
Miami Heat | Miami-Dade County wants FTX name removed from arena
(Miami) Miami-Dade County has petitioned a federal bankruptcy court for immediate authority to remove the FTX trademark from the Miami Heat arena. Posted at 8:15 p.m. Tim Reynolds Associated Press…
The FTX Crypto Fiasco
“It’s only when the tide goes out that you find out who was swimming naked,” said Warren Buffett during the 2008 financial crisis. This time, investors are caught naked by…
Cryptocurrencies | FTX owes $3.1 billion to its 50 largest creditors
(New York) Bankrupt cryptocurrency exchange FTX owes about $3.1 billion to its 50 biggest creditors, according to a court document seen by AFP on Sunday. Posted at 11:28 The amounts…
Cryptocurrencies | FTX launches asset review to restructure
(New York) The new boss of FTX, a bankrupt cryptocurrency exchange platform, said on Saturday that it had launched a strategic review of the group’s assets to decide what to…
Bankruptcy of FTX | New boss castigates Sam Bankman-Fried’s methods
(New York) The new boss of the FTX cryptocurrency exchange, which filed for US bankruptcy last week, has denounced the calamitous management of the company by his predecessor and co-founder…
After the bankruptcy of FTX, the cryptocurrency sector is playing its survival
The failure of the FTX platform undermines investor confidence and threatens the young cryptocurrency sector, pushing its main players to mobilize to save it. The boss of the largest cryptocurrency…
According to the VP of the Fed | The fall of FTX shows the need for regulation of cryptocurrencies
(Washington) The fall of the cryptocurrency giant FTX shows that the sector must be subject to the same regulation as the traditional financial sector, because it carries the same risks,…