FTX
Defunct crypto exchange. Collapsed Nov 2022 after CoinDesk reported Alameda balance sheet was largely FTT.
Nov 2023: SBF convicted on all 7 counts of fraud/conspiracy. March 2024: sentenced to 25 years. Caroline Ellison, Gary Wang, Nishad Singh pleaded guilty.
Three circuit judges disputed the former FTX CEO’s claims that the defunct crypto exchange’s investors could have been made whole and wouldn’t have experienced any losses.
Glassnode confirmed that its aggregate BTC price cycle tool was in its coldest phase since the collapse of FTX in late 2022.
Transfers of less than 1 BTC hit levels last seen days after the FTX collapse, while Galaxy Research flagged a likely fourth wave of thefts.
The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the trend seen following the FTX collapse in late 2022.
Bitcoin users moved 39,600 BTC in small transactions as the Coldcard hack continued, with researchers warning that the attack remained active.
A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000 for manipulative trading.
Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022 losses.
DeFi projects that survived the fallout from the Terra and FTX collapses in 2022 are dying out in 2026. But analysts say it’s not a case of industry consolidation — but the opposite.
The Trust Deficit For most of the crypto industry’s history, users who deposited assets with an exchange simply trusted that the funds were there. FTX ended that complacency when it collapsed in 2022, with investigators finding that billions in customer deposits had been quietly diverted to its affiliated trading firm, leaving a shortfall of roughly […]
The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds.
So far the company's bankruptcy estate has distributed nearly $10 billion to creditors and other claimants since repayments began in 2025.
Bitcoin Magazine Senate Unanimously Votes That Sam Bankman-Fried Should Never Get a Pardon The Senate unanimously approved a nonbinding resolution declaring that former FTX CEO Sam Bankman-Fried should "under no circumstances" receive a presidential pardon or commutation. This post Senate Unanimously Votes That Sam Bankman-Fried Should Never Get a Pardon first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
The Senate approved a resolution opposing clemency for former FTX CEO Sam Bankman-Fried as prediction markets put the odds of a Trump pardon by July 31 below 1%.
The U.S. Senate unanimously approved a resolution opposing a presidential pardon or commutation for convicted FTX founder Sam Bankman-Fried.
The nonbinding resolution said the disgraced FTX founder should 'under no circumstances' receive clemency.
The nonbinding resolution passed without objection after Bankman-Fried asked for clemency, months after Trump pardoned other major crypto figures, including Changpeng Zhao and Ross Ulbricht.
The AI-native cohort of the expanding gig economy could increasingly use stablecoins to avoid slow and expensive traditional payment rails, Australian crypto exchange Swyftx said.
Swyftx interim co-CEO Andrea Yuen says the company "won’t be a pure crypto spot exchange in future,” after it secured a license allowing it to offer payment services.
A Manhattan judge ordered that Michelle Bond’s criminal trial start in November after he denied a motion to dismiss the indictment based on claims that prosecutors misled her husband over her charges.
A federal judge has denied a bid from Michelle Bond, the wife of former FTX executive Ryan Salame, to have campaign finance charges against her dismissed.
Defunct crypto exchange FTX gained exposure to SpaceX in 2022, and the rocket-maker’s post-IPO rally has lifted hopes among creditors.
The former FTX CEO is currently serving a 25-year sentence after being found guilty on seven felony charges related to the misuse of customer funds.
Sam Bankman-Fried was found guilty on all seven counts related to defrauding FTX customers, lenders, and investors.
Senators Gallego and Lummis want the chamber on record that the FTX fraudster should get no clemency under any circumstances.
A federal appeals court upheld the former FTX chief’s conviction, while his bid for clemency from President Donald Trump appears to face steep political odds.
Disgraced FTX founder Sam Bankman-Fried has applied for a pardon from President Trump, which is now his one remaining path out of prison.
Bitcoin Magazine Sam Bankman-Fried Loses Appeal to Overturn FTX Fraud Conviction One of Sam Bankman-Fried's final viable avenues to overturn his conviction closed Friday after a federal appeals court upheld both his fraud conviction and 25-year prison sentence, keeping the disgraced FTX founder behind bars. This post Sam Bankman-Fried Loses Appeal to Overturn FTX Fraud Conviction first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
The onetime FTX CEO did not persuade a panel of judges that his trial was unfair, the appeals court panel ruled Friday.
Sam Bankman-Fried lost his appeal to overturn his 25-year sentence after accusing the original court of not giving him a fair chance.
President Trump previously ruled out a pardon for Sam Bankman-Fried—but the FTX founder has applied for one anyway.