Tag: FTX

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Bankman-Fried’s House Arrest Writings Reveal Inner Turmoil, Blame Game in FTX Collapse

According to more than 250 documents sent to the media, the disgraced co-founder of FTX, Sam Bankman-Fried, said he feels like “one of the most hated people in the world.” The former CEO of the now-defunct crypto exchange further noted in his statements that “there will probably never be anything I can do to make…
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Sam Bankman-Fried says, ‘I did what I thought was right,’ in leaked docs: Report

Documents provided by crypto influencer Tiffany Fong reportedly revealed details about the former FTX CEO’s life under house arrest and his relationship with Caroline Ellison. Former FTX CEO Sam Bankman-Fried, facing multiple criminal charges related to alleged misuse of user funds, reportedly denied many of the allegations against him in documents containing a draft of…
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Government objects to ‘unnecessary,’ ‘prejudicial’ SBF jury selection questions

The U.S. attorney sees no reason for potential jurors to discuss effective altruism or ADHD, among other things, before trying SBF. On Sept. 15, the United States government responded to questions the defense has suggested posing to potential jurors during their selection for the case against former FTX CEO Sam Bankman-Fried, often known as SBF.…
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Former FTX Legal Chief Forms New Law Firm Focused on Crypto Regulation

Ryne Miller, the former general counsel of the now-defunct crypto exchange FTX, has established his own law firm.  Miller Strategic Partners will specialize in offering regulatory and strategic advice to digital asset and blockchain firms, as well as crisis response management and regulatory guidance for participants in the trading and market industry, according to an announcement by…
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Solana Price Prediction as SOL Bounces 4% Overnight – Is the Sell-Off Over?

Despite ongoing concerns about FTX’s planned liquidation of over $1 billion in Solana (SOL) tokens, which amount to roughly 16% of the cryptocurrency’s overall token supply, SOL has mustered a rally of more than 3% on Thursday. Solana, the token that powers the layer-1 smart-contract-enabled Solana blockchain, was last trading around $19 per token, nearly…
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Solana traders prepare for FTX-induced sell pressure on SOL — Is it premature?

Crypto traders are talking about the SOL price falling due to the risk of FTX selling its $1.06 billion Solana stake. Are they overexaggerating? For a long time, Solana has been associated with the founder of now-insolvent crypto exchange FTX and hedge fund Alameda Research, Sam Bankman-Fried. He was an early investor in the project and…
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Solana Gains 5% Despite CPI Latest Data And FTX Liquidation Approval – Here Could Be Why

Solana (SOL) has recorded a 5% gain in the last 24 hours amidst certain concerning developments in the crypto space. On Wednesday, the United States published its Consumer Price Index (CPI) data for August, which shows that inflation rose from 3.2% to 3.7%, higher than the predicted outcome by analysts. In addition, the bankrupt FTX exchange…
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Binance CEO: Singapore’s Approach to Crypto Became More ‘Conservative’ Post FTX Collapse

Changpeng Zhao, CEO of the world’s largest cryptocurrency exchange by trading volume Binance, said that Singapore’s approach to digital assets has become more “conservative,” particularly after the spectacular collapse of the now-defunct FTX exchange. The top crypto influencer spoke virtually at a conference in Singapore on Thursday, commenting on the city-state’s crypto-friendly yet cautious move…
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Bitcoin ignores CPI, FTX as BTC price hits September high near $26.6K

BTC price strength marches on despite the curveball CPI print and FTX liquidation go-ahead, and Bitcoin traders are hopeful for long opportunities. Bitcoin (BTC) hit new September highs after the Sep. 14 daily close as markets digested macroeconomic and crypto industry news. BTC/USD 1-hour chart. Source: TradingView Trader: Bitcoin market “feels different” Data from Cointelegraph…
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All I Had Was a ‘Simple Calculator’ — Former Mt Gox CEO Draws Parallels With Bankman-Fried’s Journey

Sam Bankman-Fried, the former CEO of FTX, has been denied temporary release from prison after his legal team complained about his ability to prep for trial and his laptop’s alleged lack of internet access. On Tuesday, the former CEO of Mt Gox, Mark Karpeles, shared his experience after he was arrested in 2015 on charges…
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