The prosecutors of the United States requested a judge to decline a request by former FTX CEO Sam Bankman-Fried for a new trial, claiming that the jailed crypto official has not been successful in showing any legitimate new evidence. The proposal of Bankman-Fried, filed in February by his mother on
Sam Bankman-Fried has filed a motion seeking a retrial in his ongoing fraud and bankruptcy case against him in a New York federal court. Bankman-Fried filed the motion on February 5, 2026, wherein it was claimed that the bankruptcy was filed improperly due to other lawyers’ intervention. In the motion
Sam Bankman-Fried (SBF), founder of the collapsed crypto exchange FTX, claims that the crypto exchange was never truly bankrupt and that if its restructuring had been handled differently, it would have been worth $93 billion today against $15 billion in liabilities. Sam Bankman-Fried has made headlines again with his latest
The crypto market has decided to slump further down as the week progresses. This is combined with the news of South Dakota’s Bitcoin Reserve bill making it a bearish day for the sector. Meanwhile, the memecoin industry has also joined in to show its own activity, coinciding with Sam Bankman-Fried’s
FTX has settled with K5 Global, resolving a lawsuit that sought to recover $700 million in disputed investments. The bankrupt crypto exchange had sued K5 in June 2023 as part of efforts to reclaim funds before its collapse in November 2022. The settlement will allow FTX to retain its stake
After two long years, FTX, the cryptocurrency exchange that collapsed in November 2022, has finally started repaying its customers. As of January 3, 2025, the court-approved Chapter 11 Plan of Reorganization is now in action, marking an important step in the company’s efforts to settle creditor claims. The FTX Debtors
Nishad Singh, a former executive at the FTX cryptocurrency exchange, is making a plea to avoid prison time as he prepares for his sentencing on October 30. Singh’s legal team has described him as an “uncommonly selfless individual” in their recent filing, which includes over 100 letters of support from
Sam Bankman-Fried, was once a prominent figure in the cryptocurrency world. Claimed in November 2023 that he had become “the most hated man on earth” due to his role in the collapse of FTX. He was sentenced to 25 years in prison and fined $11 billion after being found guilty
Sam Bankman-Fried, the former CEO of FTX, has officially appealed his fraud conviction, seeking a new trial and alleging that the judge who oversaw his case was biased against him. In a detailed 102-page document submitted to the Second Circuit Court of Appeals on September 13, Bankman-Fried’s legal team argues
U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware, has granted approval for FTX to sell its stake in Anthropic, the artificial intelligence company, marking a significant move for the cryptocurrency exchange’s post-collapse recovery. FTX’s initial $500 million investment in the AI-developing start-up Anthropic in 2021 secured them a 13.56% equity
