Sam Bankman-Fried, the former FTX founder is accused of using a Virtual Private Network (VPN) to access the internet, which has concerned U.S. prosecutors. U.S. Attorney Damian Williams stated that the government considered utilizing a VPN to “raise numerous possible concerns. Including instances of American users accessing specific international crypto
On Monday, Judge John T. Dorsey of the Delaware Bankruptcy Court approved the discharge of FTX’s Turkish firms from the U.S. bankruptcy proceedings of the defunct exchange. Last month, FTX asked for this order to be signed, stating that the Turkish firms should be excluded since their inclusion is “not
On Wednesday, Robinhood Markets announced that it will attempt to buy back shares. Acquired by former FTX CEO Sam Bankman-Fried, Whose 7.6% ownership in the firm is still a contentious aspect. In both Bankman-Fried’s criminal prosecution and the bankrupt exchange’s bankruptcy. On an earnings discussion with investors and analysts. CEO
Kevin O’Leary, the Shark Tank famous television celebrity has made a sensational comment about the existing cryptocurrencies. On the wolf of all streets podcast show with Scott Melker, Kevin mentioned many of the cryptocurrencies would reach zero in no time. The session titled “Every Unregulated Token Will Go To Zero”
Sam Bankman- Fried’s attorneys and federal prosecutors have come to an agreement regarding his usage of texting apps. SBF agreed on Monday to stop using Signal and other encrypted messaging apps, according to a letter his lawyer submitted to the court. Access to FaceTime, Zoom, iMessage, SMS text, email, and
Despite the last year’s bearish momentum, Binance native blockchain BNB Chain has continued to demonstrate strong activity growth in the fourth quarter of 2022. According to Messari, a blockchain research platform report, the average daily active addresses and transactions on BNB Chain have been pushed hard and climbed by 30%
After millions were sent to politicians and action committees by FTX’s founder and former CEO Sam Bankman-Fried (SBF) or others in his administration. FTX said Sunday that the insolvent crypto exchange wanted its money back. Newly assigned to monitor the Chapter 11 bankruptcy of the FTX after its collapse in
The Antigua and Barbuda-based holding firm Emergent Fidelity Technologies, owned by Sam Bankman Fried, has filed for Chapter 11 bankruptcy. Documents filed on 3 February reveal that Emergent Fidelity Technologies voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware. Former CEO and
BitMEX founder Arthur Hayes said on Saturday that the founders of Three Arrows Capital, Kyle Davies and Zhu Su, and CoinFLEX, Mark Lamb and Sudhu Arumugam, have successfully secured funding for their new cryptocurrency exchange GTX. By the end of February, the exchange’s founders want to have marketed themselves, as
In an attempt to reclaim $445.8 million in loan payments made by FTX before declaring for bankruptcy, the defunct cryptocurrency exchange reportedly sued crypto lender Voyager Digital on Monday. Voyager declared bankruptcy in July, and FTX followed suit in November. According to the legal documents, FTX said that it had
