FTX

51 results about this entity

Period: 26 Aug 2020 - 09 Aug 2024

/crypto

CFTC orders FTX to pay customers $12.7 billion

FTX has been ordered by the Commodity Futures Trading Commission (CFTC) to pay $12.7 billion to FTX customers and victims of its fraud, the largest recovery in CFTC history.

/crypto

Crypto bank Silvergate pays $63m to settle regulator charges

The parent company of crypto-focused bank Silvergate has agreed to pay $63 million to settle US regulatory charges about its anti-money laundering programme and the losses sustained during the collapse of FTX.

/people

Former FTX exec gets 7.5 years in prison

Ryan Salame, a former executive at collapsed crypto outfit FTX, has been sentenced to seven and a half years in prison.

/crime

Turkish crypto chief starts 11,196-year prison sentence

Faruk Fatih Ozer, the former boss of failed Turkish cryptocurrency exchange Thodex, has started a lengthy jail sentence after he was found guilty of defrauding investors in a multimillion dollar fraud.

/people

Sam Bankman-Fried sentenced to 25 years in prison

Sam Bankman-Fried has been sentenced to 25 years in prison for stealing $8 billion from customers of FTX, the bankrupt cryptocurrency exchange he founded.

/crypto

Do Kwan to be extradited from Montenegro

Terraform Lab’s former CEO Do Kwan is to be extradited to either South Korea or the USA following approval from a Court in Podgorica, Montenegro.

/crime

Sam Bankman-Fried found guilty on seven counts for multi-billion dollar FTX fraud

Founder of the infamous crypto platform, FTX, Sam Bankman-Fried was found guilty on seven counts following a highly publicised trial in Manhattan federal court.

/crime

FTX sues Bankman-Fried’s parents over misappropriated funds

The FTX legal saga continues to play out as parents of the company’s founder, Sam Bankman-Fried, have been sued by the FTX parent company Alameda Research, for improperly receiving millions of dollars from the scheme.

/people

FTX founder sent to jail after bail revoked

Sam Bankman-Fried is heading to jail after a judge revoked the former FTX boss's $150 million bail package over alleged witness tampering.

/crime

FTX sues Sam Bankman-Fried for $1bn

The former boss of failed crypto exchange FTX, Sam Bankman-Fried, is facing a $1bn lawsuit from the company he founded.

/crypto

Temasek docks pay over FTX investment

Singapore state-owned investment fund Temasek Holdings has cut the pay of employees responsible for its $275 million investment in failed cryptocurrency exchange FTX.

/crypto

Payments Canada Summit: navigating the crypto headwinds

A panel of industry players and regulators took on the tricky task of unpacking the frantic last year of crypto developments, taking three cataclysmic events – the TerraUSD ad Luna implosion, the collapse of the Celsius network, and the FTX debacle - as jumping off points to explore where the industry is headed.