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Tag: FTX

Ex-Alameda Research CEO to report to prison for 2-year sentence

November 7, 2024 wp-bot Cointelegraph

Caroline Ellison has been free on bail since her guilty plea in 2022, testifying at Sam Bankman-Fried’s criminal trial and subject to intense scrutiny by

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FTX co-founder and key witness Gary Wang asks judge for no jail time

November 7, 2024 wp-bot Cointelegraph

Gary Wang, one of Sam Bankman-Fried’s longtime friends and a key witness at his trial, is set to be sentenced on Nov. 20.

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FTX adviser AlixPartners boosts crypto tracing with Chainalysis

October 31, 2024 wp-bot Cointelegraph

Crypto and DeFi fraud schemes have a lot in common with loan schemes and market manipulation in 1980 and the dot com era, AlixPartners’ David

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Ex-FTX exec sentenced to time served after guilty plea

October 30, 2024 wp-bot Cointelegraph

Nishad Singh will receive no prison time after pleading guilty to six felony charges in February 2023, cooperating with prosecutors and FTX’s debtors after the

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FTX CEO hints Nishad Singh should remain free to assist bankruptcy case

October 30, 2024 wp-bot Cointelegraph

John Ray, who took over as FTX CEO in November 2022, suggested Nishad Singh’s cooperation in the firm’s bankruptcy would be “important to maximize recovery”

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FTX estate sues KuCoin to recover over $50M in assets

October 29, 2024 wp-bot Cointelegraph

The assets were initially valued at $28 million but now exceeded $50 million due to market fluctuations. The assets have been frozen by KuCoin since

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