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FTX Exchange

FTX Creditors Rejected Bankruptcy Reorganization Plan

by Isaac Wright
FTX Creditors Rejected Bankruptcy Reorganization Plan

Creditors of the bankrupt cryptocurrency exchange FTX have filed an objection to the platform’s proposed reorganization plan, citing its failure to meet certain requirements of the Bankruptcy Code. According to …

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Former FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison

by Isaac Wright
Former FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison

Former FTX co-CEO Ryan Salame was sentenced yesterday to 90 months in prison, according to Damian Lewis, the United States Attorney for the Southern District of New York. Salame previously …

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Figure Markets, Pantera Snap Up Final Pieces of FTX’s Solana (SOL) Stash: Report

by Isaac Wright
Figure Markets, Pantera Snap Up Final Pieces of FTX’s Solana (SOL) Stash: Report

The bankrupt crypto exchange FTX has concluded the sale of $2.6 billion worth of discounted Solana tokens.  Figure Markets and Pantera Capital were among the buyers who raked up the …

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FTX Paid $25M to Whistleblowers Before Collapse, Reveals Examiner’s Report

by Isaac Wright
FTX Paid M to Whistleblowers Before Collapse, Reveals Examiner’s Report

The now-defunct crypto exchange FTX has been exposed for making payments worth over $25 million to six whistleblowers who discovered issues with it. Meanwhile, FTX still owes around $11 billion …

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US Prosecutors Push for 5-7 Year Prison Sentence for Ex-FTX Exec

by Isaac Wright
Former FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison

Federal prosecutors are calling for a prison sentence of five to seven years for former FTX executive Ryan Salame, who has been implicated in its multibillion-dollar collapse. His defense team …

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Former FTX Exec Ryan Salame Requests 18 Months Prison Sentence

by Isaac Wright
Former FTX Exec Ryan Salame Requests 18 Months Prison Sentence

The lawyers of Ryan Salame, a former executive of the bankrupt cryptocurrency exchange FTX, who pleaded guilty to his role in the firm’s collapse, have requested that a court sentence …

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Rice Bags for Trade, Says First Interview

by Isaac Wright
Rice Bags for Trade, Says First Interview

Disgraced FTX founder Sam Bankman-Fried revealed that he hasn’t experienced abuse and doesn’t “feel unsafe.” The only time he feels bothered is during the night when they ask about the …

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Ex-FTX Europe Exec Purchases Titanic Gold Watch for $1.5M: Report

by Isaac Wright
Ex-FTX Europe Exec Purchases Titanic Gold Watch for .5M: Report

A former executive of the European arm of the bankrupt cryptocurrency exchange FTX has bought a gold pocket watch recovered from the Titanic wreck for £1.175 million ($1.5 million), the …

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Former FTX Exec Agrees to Transfer $5.9 Million Bahamas Property in Plea Deal

by Isaac Wright
Former FTX Exec Agrees to Transfer .9 Million Bahamas Property in Plea Deal

Former FTX Digital Markets co-chief executive Ryan Salame has agreed to transfer his multimillion-dollar property in the Bamas as part of a plea agreement in his case. The move comes …

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Pantera Capital’s Fund V Targets $1 Billion for Diverse Blockchain Investments

by Isaac Wright
Pantera Capital’s Fund V Targets  Billion for Diverse Blockchain Investments

Pantera Capital is seeking to secure $1 billion for its new fund, ‘The Panter Fund V. ‘ It is designed to provide investors with exposure to a wide range of …

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