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Tag: FTX

Prosecutors Recommend 5-7 Year Sentence for Former FTX Executive Ryan Salame

May 22, 2024 wp-bot Bitcoin News

Prosecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for

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US authorities will transfer SBF to California prison: Report

May 22, 2024 wp-bot Cointelegraph

The former FTX CEO has been housed in a cell at the Metropolitan Detention Center in Brooklyn since a judge revoked his bail in August

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US prosecutors push for 5–7 years in prison for ex-FTX exec

May 22, 2024 wp-bot Cointelegraph

U.S. prosecutors demanded “just punishment” fitting the scale of his crime, but Salame’s lawyers argue that he should serve no more than 18 months.

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US lawmaker addresses House before FIT21 vote: Bill ‘will stop another FTX’

May 21, 2024 wp-bot Cointelegraph

Representative Wiley Nickel called on Democrats and Republicans to support the bill to stop the SEC from “turning cryptocurrency regulation into a political football.”

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Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity

May 19, 2024 wp-bot Bitcoin News

Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange

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Former Alameda Research Boss Sam Trabucco Reemerges to Defend Ryan Salame Before Sentencing

May 16, 2024 wp-bot Bitcoin News

Reports indicate that Sam Trabucco, the former co-CEO of the cryptocurrency trading firm Alameda Research, penned a letter to the judge set to sentence Ryan

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