FTX’s former CTO pleads for non-custodial sentence, cites aid in Bankman-Fried’s conviction - gary, cto, ftx

FTX’s former CTO pleads for non-custodial sentence, cites aid in Bankman-Fried’s conviction

FTX former Chief Technology Officer Gary Wang has requested leniency from the judge ahead of his Nov. 20 sentencing, highlighting his cooperation with law enforcement and his testimony against Sam Bankman-Fried, according to Nov. 6 sentencing memo. A

Oluwapelumi Adejumo
FTX co-founder Gary Wang asks judge for no prison time - ftx, gary

FTX co-founder Gary Wang asks judge for no prison time

Sam Bankman-Fried’s college friend and FTX co-founder Gary Wang is asking a federal judge to spare him from a prison sentence a few days after FTX executive Nishad Singh was given no prison time. FTX co-founder Gary Wang is pleading…

Trisha Husada
FTX co-founder Gary Wang seeks to avoid prison time ahead of sentencing - ftx, time, gary

FTX co-founder Gary Wang seeks to avoid prison time ahead of sentencing

FTX co-founder Gary Wang should not receive prison time, his lawyer argued in a sentencing memorandum filed on Wednesday.

Sarah Wynn
FTX Co Founder Gary Wang Appeals For No Jail Time, Here’s Why - ftx, time, gary

FTX Co Founder Gary Wang Appeals For No Jail Time, Here’s Why

FTX co-founder Gary Wang has requested a federal judge not to send him to prison. He noted that he is testifying against the former business partner, Sam Bankman-Fried, someone he has known for a long time in a fraud case. The lawyer for Wang submitt

Kelvin Munene Murithi
Fallen FTX sues Ryan Salame for $98.8 million over alleged fraud - million, ftx

Fallen FTX sues Ryan Salame for $98.8 million over alleged fraud

The bankrupt FTX exchange has filed a lawsuit against Ryan Salame, the former co-CEO of its Bahamian subsidiary, seeking to recover approximately $98.8 million in cash and crypto, according to a Nov. 4 court filing. The failed firm accuses Salame of

Oluwapelumi Adejumo
Cyprus regulator extends FTX suspension to May 2025 - ftx

Cyprus regulator extends FTX suspension to May 2025

Cyrpus’ securities regulator has extended the suspension on FTX Europe for the fourth time, which stops trading on the platform but allows customers to withdraw funds.

Cointelegraph by Felix Ng
ftx
These 2 Exchanges Lead in Bitcoin Reserve Growth Since FTX’s 2022 Collapse - ftx

These 2 Exchanges Lead in Bitcoin Reserve Growth Since FTX’s 2022 Collapse

Two years post-FTX, exchanges prioritize asset transparency but Coinbase remains the only major without a public Proof-of-Reserves report.

Chayanika Deka
ftx
U.S. Government Pushes to Recover $13.25 Million in Political Donations from FTX Executives - ftx

U.S. Government Pushes to Recover $13.25 Million in Political Donations from FTX Executives

The post U.S. Government Pushes to Recover $13.25 Million in Political Donations from FTX Executives appeared first on Coinpedia Fintech News The FTX case has taken a new twist as the U.S. government seeks to recover $13.25 million in political donat

Mustafa Mulla
ftx
US Justice Department Pursues Return of $13M in Political Contributions Linked to FTX - justice, ftx

US Justice Department Pursues Return of $13M in Political Contributions Linked to FTX

The U.S. Justice Department is actively seeking the return of up to $13.25 million in political contributions linked to former FTX executives, as revealed in a recent federal court filing.

Ruholamin Haqshanas
Judge Grants More Time For US Government To Negotiate FTX Donation Return - ftx, judge, time

Judge Grants More Time For US Government To Negotiate FTX Donation Return

A U.S. federal judge has granted the government additional time to negotiate the return of up to $13.25 million in political donations made by former FTX executives Sam Bankman-Fried and Nishad Singh. Judge Lewis Kaplan, presiding over the case, appr

Ronny Mugendi
Investing $500 in these 3 altcoins could potentially turn into $50,000 in next supercycle - ftx, kucoin

Investing $500 in these 3 altcoins could potentially turn into $50,000 in next supercycle

KuCoin faces a $50m lawsuit from FTX, raising concerns as analysts anticipate a 400% rally for SOL in Q4, while Lunex Network's DeFi exchange is set for a potential 100x surge at launch. #partnercontent

Guest Post
FTX eyes $21 million asset recovery through settlements with bank and charity organization - ftx, million, bank

FTX eyes $21 million asset recovery through settlements with bank and charity organization

Bankrupt crypto exchange FTX has reached settlement agreements with Evolve Bank and Silicon Valley Community Foundation (SVCF) that could enable it to recover up to $21 million in assets. According to Oct. 30 court filings, these settlements still re

Oluwapelumi Adejumo
‘Hong Kong’s FTX’ victims win lawsuit, bankers bash stablecoins: Asia Express - kong, ftx

‘Hong Kong’s FTX’ victims win lawsuit, bankers bash stablecoins: Asia Express

Victims of ‘Hong Kong’s FTX’ take aim at $29M seized by police, central bankers bash stablecoins, crypto scammers busted over luxury condo.

Cointelegraph by Yohan Yun
Former FTX Executive Nishad Singh Avoids Prison Time: Must Forfeit $11 Billion - ftx, time

Former FTX Executive Nishad Singh Avoids Prison Time: Must Forfeit $11 Billion

TLDR: Nishad Singh, former FTX engineering head, received no jail time but 3 years supervised release Singh was a key witness against Sam Bankman-Fried, who got 25 years in prison Judge praised Singh’s “remarkable” cooperation with authorities Singh

Oliver Dale
Former FTX engineering head skirts prison, sentenced to 3 years supervised release - ftx

Former FTX engineering head skirts prison, sentenced to 3 years supervised release

Nishad Singh won’t serve any jail time, Judge Lewis Kaplan ruled on Wednesday

Casey Wagner
ftx
Former FTX exec Nishad Singh avoids prison time after cooperating with authorities in crypto exchange collapse: reports - ftx

Former FTX exec Nishad Singh avoids prison time after cooperating with authorities in crypto exchange collapse: reports

Nishad Singh, FTX's former engineering director, was sentenced on Wednesday after pleading guilty to criminal charges, including fraud.

Sarah Wynn
ftx
Judge grants leniency to Nishad Singh in FTX scandal for crucial cooperation - ftx, six, judge

Judge grants leniency to Nishad Singh in FTX scandal for crucial cooperation

Nishad Singh, former engineering director at defunct exchange FTX, was sentenced to time served and three years of supervised release on Oct. 30 for his role in misappropriating user funds and violating campaign finance laws. The decision, handed dow

Assad Jafri
FTX CEO Makes Last-Minute Plea for Leniency in Nishad Singh Sentencing - ftx

FTX CEO Makes Last-Minute Plea for Leniency in Nishad Singh Sentencing

John Ray laid out the importance of Nishad Singh’s future cooperation to FTX’s bankruptcy, hours before the crypto executive's sentencing.

Sander Lutz
ftx
Nishad Singh Case: Former FTX Executive Set for Sentencing in $8B FTX Fraud - one, ftx, six

Nishad Singh Case: Former FTX Executive Set for Sentencing in $8B FTX Fraud

rFormer crypto executive Nishad Singh is ready to find out his sentence on Wednesday for his role in his one-time boss Sam Bankman-Fried’s misappropriation of an estimated $8 billion in customer funds from the now-bankrupt FTX exchange. Singh pleaded

Teuta
Bankrupt FTX Inks Over $227,000,000 Settlement With Bybit To Recover Stakeholder Funds - ftx

Bankrupt FTX Inks Over $227,000,000 Settlement With Bybit To Recover Stakeholder Funds

The bankrupt crypto exchange FTX has reached a settlement with the digital asset exchange Bybit to the tune of hundreds of millions of dollars. Last week, FTX’s legal team submitted a motion approving a settlement agreement with Bybit stemming from F

Conor Devitt
ftx