FTX

FTX chairman Sam Bankman-Fried once managed to arrange meetings with top federal officials, including the Federal Reserve Chair, Jerome H. Powell before he was charged with fraud. Mark Wetjen, an FTX policy official and former commissioner at the Commodity Futures Trading Commission, helped set...

A federal judge on Thursday declared that FTX founder Sam Bankman-Fried must stay incarcerated throughout his trial proceedings. Judge Lewis A. Kaplan expressed skepticism over the defense's arguments, stating, "They're not going in cold here," Coindesk reported....

Several months before Genesis Global Holdco LLC halted deposits and eventually declared bankruptcy, cryptocurrency exchange Gemini Trust Co. reportedly withdrew a significant sum from the lender. This move was part of an initiative by Gemini, owned by the Winklevoss twins, Tyler and Cameron, to...

U.S. Rep. Patrick McHenry (R-N.C.) expressed strong concerns over SEC Chair Gary Gensler's perceived lack of transparency concerning his dealings with FTX (CRYPTO: FTT) and its co-founder Sam Bankman-Fried. During a session with the U.S. House Financial Oversight Committee,...

FTX (CRYPTO: FTT) founder Sam Bankman-Fried has once again sought a provisional release from detention during his ongoing trial. This development, garnering attention from the crypto community, is expected to be a topic of discussion at Benzinga's Future of Digital Assets conference on Nov...

Many of the largest technology companies are looking for new ways to invest in artificial intelligence, which includes investments in their own products and research, as well as taking stakes in smaller AI companies. On Monday, Amazon.com, Inc (NASDAQ: AMZN) announced an investment in the...

Joe Biden won the 2020 Presidential Election after defeating incumbent Donald Trump. The current president has outlined many priorities and signed many executive orders since taking office, including some that deal with cryptocurrency regulation. Here’s a look at how some top cryptocurrencies...

Bankrupt crypto exchange FTX (CRYPTO: FTT) has initiated legal action against former associates of Salameda, a Hong Kong-based entity reportedly under the direct control of the crypto exchange's former CEO Sam Bankman-Fried. The lawsuit alleges that these associates illicitly withdrew...

A former Alameda Research employee recently discussed how an event lead to a dramatic 87% drop in Bitcoin's (CRYPTO: BTC) value back in October 2021 — less than a year before Alameda and FTX went bankrupt. The plunge, which saw Bitcoin plummet from $65,000 to a mind-numbing $8,000 on...

Stanford University has announced its intention to give back the substantial sums it accepted from the now-insolvent cryptocurrency platform, FTX (CRYPTO: FTT) and its associated companies. “We have been in discussions with attorneys for the FTX debtors to recover these gifts and we will...

A new court filing has revealed that Sam Bankman-Fried's father, Joseph Bankman, pressured his son for a higher salary while he was working at FTX US, using Sam's mother to do so. In an email to Bankman-Fried, his father wrote, "Gee, Sam I don't know what to say here....

Bankrupt crypto exchange FTX (CRYPTO: FTT) is back in the news again. The debtors have now initiated legal action against the parents of FTX founder Sam Bankman-Fried, Joseph Bankman and Barbara Fried, claiming that they have skimmed huge sums of money through their involvement in the exchange...

The Securities and Exchange Commission (SEC) on Monday raised concerns about Binance.US's asset collateralization practices. A court filing reveals that Binance US's auditor had difficulties ensuring the company was "fully collateralized at specific points in time." The SEC's...

The crypto market is expected to remain stable despite the sale of tokens by bankrupt exchange FTX (CRYPTO: FTT), as Coinbase Inc. (NASDAQ: COIN) reports protective measures capping initial sales at $50 million per week, increasing to $100 million in subsequent weeks. Any decision to...

Beleaguered crypto exchange FTX (CRYPTO: FTT) has revised its plan to liquidate billions in cryptocurrency holdings. This move comes in response to apprehensions voiced by the U.S. Trustee, an arm of the Department of Justice. Despite the modifications, FTX will not be required to publicly announce...