Crypto
FTX's Bankruptcy Estate Challenges Backpack Exchange's Acquisition
The FTX bankruptcy estate has disputed Backpack Exchange's unauthorized acquisition of FTX EU, asserting it has not approved distribution of funds to FTX customers.
Business
Backpack Exchange Acquires FTX's European Division Amid Crypto Market Expansion
Backpack Exchange has purchased FTX's bankrupt European arm for $32.7 million, positioning itself as a regulated provider of crypto derivatives in Europe.
Policy
Gary Wang, Ex-CTO of FTX, Avoids Prison Sentence Following Cooperation
Gary Wang, former CTO of FTX, was granted leniency by a judge for his extensive assistance in the trial of Sam Bankman-Fried, escaping a prison sentence.
Crypto
Sam Trabucco to Surrender $70 Million in Assets to FTX Creditors
Former Alameda Research co-CEO, Sam Trabucco, has consented to relinquish significant assets, including two luxury apartments and a yacht, amidst the ongoing fallout from FTX's collapse.
Policy
FTX Takes Legal Action Against Binance and CEO CZ for $1.8 Billion
The lawsuit alleges that Binance's former CEO was involved in fraudulent transactions linked to FTX's insolvency.
Crypto
Humpy the Whale Allegedly Caused $1 Billion Losses for FTX and Alameda, Lawsuit Claims
A lawsuit links Humpy the Whale to extensive financial losses incurred by FTX and Alameda due to alleged market manipulation and ties to organized crime.
Legal News
Gary Wang Requests Leniency in FTX Case, Aims for No Imprisonment
Gary Wang, the former CTO of FTX, seeks to avoid prison time as he prepares for sentencing following his guilty pleas related to the exchange's collapse.
Policy
Nishad Singh Avoids Prison Time Despite Involvement in FTX Fraud
Nishad Singh, ex-engineering director at FTX, received no prison time after being sentenced to time served, marking a significant turn in the FTX fraud case.
Crypto
FTX Secures $228 Million from Bybit, Moves Closer to Bankruptcy Resolution
The FTX bankruptcy saga progresses with a significant settlement from Bybit, enhancing the recovery for affected customers and creditors.
Crypto
Nishad Singh's Legal Team Highlights His Cooperation in FTX Case
Prosecutors advocate for leniency in sentencing former FTX executive Nishad Singh, citing his significant assistance to investigations.
Policy
Nishad Singh's Defense Teams Urge Judge for Leniency, Emphasizing His Altruistic Nature
Singh's attorneys argue for a lighter sentence, portraying him as a selfless contributor to the FTX case.
Crypto
Ryan Salame's Prison Delay Attempt Thwarted by Dog Bite Claims
Ryan Salame's efforts to postpone his prison sentence due to a dog bite were rejected by a judge, citing his recent media appearance.
Policy
FTX Client Files Lawsuit Against Hedge Fund Over Bankruptcy Payment Dispute
A lawsuit has emerged from a former FTX customer alleging that Olympus Peak hedge fund failed to honor a bankruptcy payout agreement.
Policy
Delaware Court Confirms Bankruptcy Plan for FTX Estate
A recent ruling enables most creditors of FTX to recover their losses in cash instead of cryptocurrencies.
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