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.
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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.
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.
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.
The FTX bankruptcy saga progresses with a significant settlement from Bybit, enhancing the recovery for affected customers and creditors.
Prosecutors advocate for leniency in sentencing former FTX executive Nishad Singh, citing his significant assistance to investigations.
Singh's attorneys argue for a lighter sentence, portraying him as a selfless contributor to the FTX case.
Ryan Salame's efforts to postpone his prison sentence due to a dog bite were rejected by a judge, citing his recent media appearance.
A lawsuit has emerged from a former FTX customer alleging that Olympus Peak hedge fund failed to honor a bankruptcy payout agreement.
A recent ruling enables most creditors of FTX to recover their losses in cash instead of cryptocurrencies.
Caroline Ellison, a former executive linked to the FTX scandal, transitions from prison to home confinement after nearly one year behind bars.
Coinbase has acquired a non-fungible token (NFT) for $25 million to bring back the popular crypto podcast UpOnly.
Robinhood and Susquehanna are acquiring a major stake in a company formerly tied to FTX, intensifying competition in the prediction market space.
Former FTX CEO Sam Bankman-Fried is appealing his conviction while serving a 25-year sentence, with his legal team challenging the trial's integrity.
Recent developments show a significant rise in the likelihood of Sam Bankman-Fried receiving a pardon following the pardon granted to Binance CEO Changpeng Zhao.
Sam Bankman-Fried reflects on his decision to hand over control of FTX to new management, calling it his biggest error that hindered potential salvation for the struggling exchange.

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