Tag Archives: ftx

[ad_1] Editor’s Note: Jake Cline is a writer and editor in Miami whose work has appeared in The Washington Post, The Atlantic and other national outlets. He was a member of the team that won the 2019 Pulitzer Prize in Public Service for the South Florida Sun Sentinel’s coverage of …

[ad_1] New York CNN  —  Sam Bankman-Fried, the disgraced founder of bankrupt crypto exchange FTX, has arrived at a Manhattan federal court where he is set to appear to face charges that include cheating investors out of billions of dollars. Authorities have accused Bankman-Fried of stealing customer funds from FTX …

[ad_1] Ne York CNN  —  A New York federal court hearing for FTX cofounder Sam Bankman-Fried is expected to begin at 1 pm ET Thursday, according to a court spokesperson. Bankman-Fried was extradited to the United States Wednesday night, Bahamas Attorney General Sen. Ryan Pinder confirmed. The Foreign Minister of …

[ad_1] CNN  —  Two senior executives associated with collapsed crypto exchange FTX have pleaded guilty to multiple criminal charges and are cooperating with federal prosecutors, according to unsealed court records. Additionally, the pair face civil fraud charges from the Securities and Exchange Commission that were announced Wednesday night. Gary Wang, …

[ad_1] Nassau, Bahamas CNN  —  FTX founder Sam Bankman-Fried Monday morning arrived in court in the Bahamas where he is expected to drop his extradition fight, clearing a significant hurdle to return him to US soil to be prosecuted on multiple charges of fraud and conspiracy. Bankman-Fried had initially planned …

[ad_1] New York CNN  —  John J. Ray III, who made his name overseeing the liquidation of Enron in the early 2000s, is the man in charge of sifting through the rubble of FTX, the once-mighty cryptocurrency exchange — founded in 2019 and run into the ground by 2022 by …

[ad_1] New York CNN  —  Sam Bankman-Fried, the founder of failed crypto exchange FTX, was arrested in the Bahamas on Monday after US prosecutors filed criminal charges against him, according to a statement from the government of the Bahamas. The Southern District of New York, which is investigating Bankman-Fried and …

[ad_1] New York CNN  —  With his vast crypto empire in ruins, Sam Bankman-Fried is preparing to be grilled by US lawmakers who are demanding answers about how his digital asset exchange, FTX, came unraveled, leaving at least a million customers unable to access their funds. Bankman-Fried tweetedf Friday that …