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Tag: Sam Bankman-Fried

Former FTX CEO Sam Bankman-Fried Says Cell-Block Mate Diddy Is “Friendly”

March 7, 2025 wp-bot Inside Bitcoins

Sam Bankman-Fried, the former CEO of the now-defunct crypto exchange FTX, says that his cell-block mate Sean Diddy Combs is “always friendly” with him. “I’ve

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Polymarket users bet Biden more likely to pardon SBF than Ross Ulbricht

January 9, 2025 wp-bot Cointelegraph

The former FTX CEO is currently serving a 25-year sentence awaiting appeal, while the Silk Road founder was sentenced to life in prison in 2015.

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Backpack Exchange acquires FTX EU, plans Q1 2025 launch

January 7, 2025 wp-bot Cointelegraph

As part of the acquisition, Backpack EU will be responsible for distributing court-approved bankruptcy claims to FTX EU customers.

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CFTC bags record $17B in 2024 thanks to massive crypto enforcement

December 5, 2024 wp-bot Cointelegraph

The US commodities regulator recovered $12.7 billion in the FTX case, which was the “largest recovery for victims and sanctions in CFTC history.”

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FTX co-founder Gary Wang sentenced to time served

November 20, 2024 wp-bot Cointelegraph

Wang was the final FTX executive awaiting sentencing over the 2022 exchange collapse and subsequent fraud charges.

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US gov’t points to Gary Wang’s ’outstanding cooperation’ in FTX case

November 13, 2024 wp-bot Cointelegraph

Prosecutors suggested that the FTX co-founder would be better able to develop a tool to detect “potential illegal activity” in crypto markets if sentenced to

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