Sun, November 17

Search Results for: Sam Bankman-Fried

OpenAI CEO-Backed Worldcoin Project Inches Closer to Debut

OpenAI’s ChatGPT, an artificial intelligence (AI) platform, entered the market in November 2022 and immediately caused widespread upheaval. OpenAI’s CEO, Sam Altman, is trying to disrupt the cryptocurrency sector now that large IT giants are making attempts to adapt to this technology. As per reports, Sam Altman is actively seeking

May 15, 2023 2 mins read

Miami International Holdings Agreed to Buy FTX’s LedgerX for $50M

This Tuesday, Futures Exchange (aka FTX), a bankrupt crypto exchange firm has given an agreement of selling their crypto derivatives platform LedgerX for 50 million dollars to Miami International Holdings (MIH), a trading service provider. The CEO of FTX, John Ray said, “We are pleased to reach this agreement with

April 26, 2023 1 min read

Two FTX Ex-supporters “Make Peace” To Favor Crypto Industry?

The rumored spokesmen of Sam Bankman-Fried linked FTX scandal — Shark Tank investor Kevin O’Leary and Crypto YouTuber Ben Armstrong (“BitBoy Crypto”) – have called on an end to their Twitter quarrel. The renowned billionaire tweeted the possibility of appearing on an exclusive podcast with BitBoy Crypto to talk in

April 15, 2023 2 mins read

Former FTX US President Reportedly Disagreed With SBF

According to recent information from the bankrupt cryptocurrency exchange FTX’s current leadership, former FTX US President Brett Harrison quit in part due to a “protracted disagreement” with CEO Sam Bankman-Fried and people in his inner circle in September. The report submitted to the Delaware bankruptcy court on Sunday. The report

April 10, 2023 1 min read

Binance U.S. Looking For a New Banking Partner

A recent tweet states that Binance’s U.S. division faces challenges finding a suitable new banking partner. The objective is to see a financial institution that can securely handle the cash deposits made by Binance users. Binance’s U.S. arm is actively searching for a new banking partner after the recent collapse

April 9, 2023 2 mins read

Former FTX CEO SBF Pleads Not Guilty of Bribing Chinese Authorities

Former FTX CEO Sam Bankman-Fried (SBF) pleaded not guilty on Thursday to additional charges of conspiracy to violate campaign finance regulations and bribe Chinese authorities.  Earlier, the 31-year-old crypto tycoon pleaded not guilty to eight charges of fraud and conspiracy through his attorney Mark Cohen, in which he is accused

March 31, 2023 2 mins read

FTX Ex-CEO SBF Reaches Agreement on Revised Bail Terms With Prosecutors

In negotiations with US authorities, former CEO Sam Bankman-Fried achieved an agreement on revised bail terms. The attorneys requested that the court approve the signing of the proposed papers which include a phone and laptop with restricted internet access. The bail restrictions offered by the prosecution and amendments such as

March 28, 2023 2 mins read

Nishad Singh Former FTX Director of Engineering Pleads Guilty

The former FTX director of engineering, Nishad Singh, has reportedly entered a guilty plea to criminal charges in the United States, as reported by Reuters. During today’s hearing, Singh’s solicitor revealed his client’s decision to plead guilty. The former director was accused of fraud related to the bankruptcy exchange platform

March 1, 2023 1 min read

Former FTX Exec Nishad Singh Reportedly To Plead Guilty

It has been reported that Nishad Singh, a former executive of the crypto exchange FTX, is to plead guilty to fraud charges related to the collapse of the exchange. Singh used to be the head of engineering and was considered to be in Sam Bankman-Fried’s inner circle. According to Bloomberg,

February 20, 2023 2 mins read

FTX Japan Likely to Resume Withdrawals This Month

The Japanese branch of the defunct cryptocurrency exchange FTX apparently has withdrawals scheduled. This is expected to start for impacted customers as early as the month of February. Bloomberg reported on February 17 that FTX Japan sent out messages. Requesting customers to verify their account balances before withdrawals could be

February 19, 2023 1 min read