A recent submission by the SEC cautions FTX that the agency may oppose any efforts to repay creditors using stablecoins or other digital currencies.

Former FTX executive Ryan Salame has withdrawn a previous court filing accusing the US government of walking back its promise not to prosecute his partner, but a judge has scheduled a hearing on the matter anyway. Salame is the former co-CEO of FTX D

Coinspeaker Former FTX Executive Ryan Salame Withdraws Petition to Cancel Guilty Plea Former FTX executive Ryan Salame withdraws his petition to cancel his guilty plea as prosecutors accuse him of trying to escape sentencing. Former FTX Executive Rya

The U.S. Trustee and a group of creditors have raised major objections to the FTX reorganization plan.

The U.S. Trustee appointed to oversee the FTX bankruptcy, plus its most active creditor activist, have filed objections to the estate's recovery plan.

Two FTX and Alameda Research executives have been sentenced to prison, two have their sentencings scheduled, and one has pleaded guilty.

The post FTX and Alameda Reach $12.7 Billion Settlement, Ending Legal Battle with CFTC appeared first on Coinpedia Fintech News Major Settlement Greenlit! On August 7, U.S. District Judge Peter Castel

The global crypto market printed broad red indexes on Monday as Bitcoin price crashed below the $53,000 mark. BTC’s price plunged by more than 21% in the last 7 days, one of its worst performances sin

The Future Forward PAC has previously accepted donations from former FTX CEO Sam Bankman-Fried, which may be subject to forfeiture.

In the latest development, defunct crypto lender BlockFi announced that based on their current recovery efforts, its clients could receive 100% of the eligible claims. The announcement comes at a time

Crypto lending company BlockFi, which filed for bankruptcy in 2022 following the collapse of crypto exchange FTX, announced on Monday the successful sale of its FTX claims. This marks another step tow

An FTX claims broker with experience in Mt Gox, Celsius, and Voyager Digital cases has been mandated to return $1.9 million after using embezzled funds for personal luxury and crypto investments.

The failed cryptocurrency exchange FTX and the US Commodity Futures Trading Commission (CFTC) have reached a $12.7 billion settlement, awaiting approval by a Delaware judge.

In a settlement with the CFTC, FTX will pay $4 billion in disgorgement fees and $8.7 billion in restitution fees, subject to court approval

Two former FTX executives, Nishad Singh and Gary Wang, will be sentenced this fall after pleading guilty and cooperating with authorities in the FTX scandal.

Judge Kaplan scheduled sentencing for FTX executives Gary Wang and Nishad Singh. Wang and Singh testified against Bankman-Fried, contributing to his 25-year sentence.Continue Reading:Judge Schedules Sentencing for FTX Executives

Nishad Singh, former FTX Director of Engineering will be sentenced this year, court documents reveal. Singh alongside Gary Wang and other FTX allies pleaded guilty and testified against their former boss. Amid the lengthy period between the implosion

Sam Bankman-Fried’s political donation activities were allegedly a family affair, involving his brother, mother, and father. Bankman-Fried, the founder of FTX, reportedly directed over $100 million in political contributions with his family’s help, a

In a significant development, FTX is preparing to distribute a staggering $16 billion in cash to its customers, which could lead to significant gains for Bitcoin and Solana prices. Crypto researcher Xremlin has predicted that a considerable portion o