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Tag: Bankruptcy

SBF’s legal battle still has “a lot to play out,” according to legal commentators

December 15, 2022 wp-bot Cointelegraph

Sam Bankman-Fried faces eight accusations and could get 115 years in jail, but a final sentence could take months or even years.

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Court Documents Say FTX Boss Ryan Salame Snitched on SBF 2 Days Before the Bankruptcy Filing

December 15, 2022 wp-bot Bitcoin News

According to court documents associated with the FTX bankruptcy proceedings, on Nov. 9 — two days before the company filed for Chapter 11 bankruptcy protection

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US Trustee names Wintermute on creditor committee in FTX bankruptcy case

December 15, 2022 wp-bot Cointelegraph

The committee would play a role in representing creditors who lost funds or were otherwise affected by the downfall of FTX, reported to be one

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Time for Serious Global Crypto Regulation, Germany Says

December 15, 2022 wp-bot Bitcoin News

Germany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was

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FTX Bahamas co-CEO Ryan Salame blew the whistle on FTX and Sam Bankman-Fried

December 15, 2022 wp-bot Cointelegraph

Court filings show Ryan Salame tipped off the Bahaman securities regulator, telling them that FTX was sending customer funds to Alameda Research.

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Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead

December 14, 2022 wp-bot Bitcoin News

Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning

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Blockchain
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