Legal team for former FTX CEO Sam Bankman-Fried suggest they may need more time to prepare legal defence of their client
News crypto
Former FTX Engineer Pleads Guilty To Fraud Charges
Former engineering director of collapsed cryptocurrency firm FTX has pleaded guilty to six criminal charges, including fraud
Visa, Mastercard ‘Pause Crypto Partnerships’ Amidst Meltdown
Visa, Mastercard reportedly halting cryptocurrency partnerships and product plans following industry meltdown last year
Binance Stablecoin Company ‘In Talks’ With US SEC
Paxos, company behind Binance USD, reportedly in 'constructive' talks with US SEC as regulators tighten focus on crypto companies
Terra Co-Founder Do Kwon Charged By US SEC
Do Kwon, co-founder of the failed TerraUSD cryptocurrency, has been charged by US authorities with fraud, after months on the run
FTX’s Sam Bankman-Fried Bond Backers Revealed
As Sam Bankman-Fried faces questions over his use of a VPN, the identity of the $250 million bond guarantors are revealed
FTX’s Sam Bankman-Fried Ordered Back To Court, After VPN Use
Federal judge unhappy that FTX's Sam Bankman-Fried used virtual private network (VPN) whilst under house arrest
Crypto Lender Genesis Files For Chapter 11
Another victim of the fallout from FTX collapse, as crypto lender Genesis files for Chapter 11 bankruptcy protection
FTX Claims $415m Crypto Was Hacked
FTX has now identified roughly $5.5 billion worth of digital assets for recovery, but said $415m has been hacked
Crypto.com Axes 20 Percent Of Staff
After the FTX collapse, Singapore's cryptocurrency exchange Crypto.com announces restructuring and axes staff
FTX Recovers $5bn In ‘Liquid’ Assets
Potential good news for customers, as lawyers for FTX say at least $5 billion of liquid assets have been recovered
UK Mulls Cryptocurrency Version Of Sterling
Government minister confirms UK is progressing a digital pound, following similar digital currency moves in India, Taiwan and elsewhere
Court Rules Celsius Network Owns Customer Crypto Assets
Legal setback for customers of bankrupt Celsius Network, after US judges rules firm owns most of the deposited cryptocurrency
FTX’s Sam Bankman-Fried Pleads Not Guilty To Fraud Charges
Faced a possible 115 years in prison, FTX's Sam Bankman-Fried pleads not guilty to fraud charges, as trial is slated for October
FTX Customer Lawsuit Seeks Recovery Of Digital Assets
Class action lawsuit filed by FTX customers against failed crypto exchange and its arrested former CEO Sam Bankman-Fried
NFT Sales, Search Interest Drop Sharply In 2022
Online searches and sales of non-fungible tokens (NFTs) decline sharply this year after a peak of $4.9 billion in sales in January 2022
FTX’s Sam Bankman-Fried Released On $250m Bail, To His Parents
Sam Bankman-Fried has been freed on $250m, but must remain under strict supervision at parents’ California home
Two Bankman-Fried Associates Plead Guilty To Fraud
FTX founder Sam Bankman-Fried arrives in America and is expected in court, as two former associates plead guilty to fraud charges
Bitcoin Miner Core Scientific Files For Chapter 11
One of the largest publicly traded crypto mining companies in the US, Core Scientific, is filing for Chapter 11 bankruptcy protection
FTX Looks For Return Of Millions In Donations
Bankrupt crypto exchange FTX says it will use legal means if necessary to recover tens of millions in political donations
Binance Founder Reassures After $1 Billion Withdrawn In A Day
Founder Changpeng Zhao admits “stress test” after more than a billion dollars is pulled out of Binance in a single day
US SEC Charges FTX Sam Bankman-Fried With Fraud
Sam Bankman-Fried is accused by US authorities of defrauding investors after regulators called FTX “a house of cards”
FTX Founder Sam Bankman-Fried Arrested In Bahamas
Former CEO and founder of collapsed crypto exchange FTX is arrested after the United States files charges against him
HM Treasury Finalising Crypto Industry Rules – Report
UK's Treasury is reportedly finalising sweeping new powers for Financial Conduct Authority to properly regulate the cryptocurrency industry
Bitfront To Close Down, In Latest Crypto Failure
Latest casualty. Crypto exchange Bitfront confirms it is shutting down amid challenging crypto market, despite best efforts
Crypto Lender BlockFi Files For Chapter 11 Bankruptcy
FTX collapse cited, as cryptocurrency lender BlockFi files for Chapter 11 bankruptcy protection in New Jersey court
New York Governor Signs Bill To Limit Crypto Mining
Green move. Clampdown on crypto mining that runs on carbon-based power sources signed into law by New York Governor
Failed FTX Exchange Could Have A Million Creditors
As regulators begin investigations into FTX's bankruptcy, filings indicate the failed crypto exchange could have 1 million creditors
Crypto Market Rocked As Binance Drops FTX Rescue Deal
Cryptocurrency prices plunge after crypto exchange platform Binance withdraws from purchase of its failing rival FTX Trading
Interpol Issues Red Notice For Terra’s Do Kwon
Do Kwon denies being on the run and says he is making “zero effort to hide,” after Interpol issues global arrest warrant