#SAMBANKMANFRIED News

Former FTX exec Ryan Salame asks to push back prison date following dog attack

theblock.co Lawyers for former FTX executive Ryan Salame asked a New York court to push back his prison time to get urgent surgery after being "mauled" by a dog while visiting a…

Ex-FTX Exec Ryan Salame Is Not Ready For Jail, Here’s Why

coingape.com A dog attack has caused former FTX Executive Ryan Salame to request the delay of his seven-and-a-half-year prison sentence. Ryan Salame Files to Report to Jail by October 13…

Judge approves delaying forfeiture of donations from FTX-funded PACs

cointelegraph.com Former FTX CEO Sam Bankman-Fried reportedly donated roughly $40 million directly to political candidates and PACs in 2022 before the collapse of his crypto exchange.

bitFlyer Acquires FTX Japan to Expand Crypto Custody Services

cryptopotato.com Japanese crypto exchange bitFlyer announced that it has completed its acquisition of FTX Japan, making it a fully owned subsidiary. The deal, finalized on July 26, will have…

Crypto investors must embrace new tax rules or risk falling behind

blockworks.co Last month, the US Treasury Department finalized new tax rules for the crypto industry. We should embrace them. Crypto users, attracted to the digital asset space because of…

Two Crypto Promoters Plead Guilty To Forcount Ponzi Scheme Wire Fraud Conspiracy

cryptonews.com Two crypto promoters involved in the infamous Forcount Ponzi scheme pleaded guilty to conspiracy to commit wire fraud on Monday in New York. According to the United States…

FTX Execs Who Testified Against SBF Set to be Sentenced on Bankless

bankless.com Nishad Singh and Gary Wang, former senior executives at FTX, are set to be after pleading guilty to criminal fraud charges and testifying against their former boss, Sam…

Bitcoin Can Protect Freedom and Help Win Elections

newsweek.com Former President Donald Trump once sang the same tune about bitcoin as many other world leaders. Like Hillary Clinton, Elizabeth Warren, Turkey's Recep Erdogan, the Biden…

Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit

coindesk.com Bitcoin financial services firm Swan Bitcoin pulled its plan to take the company public, discontinued its managed mining unit and cut staff across several units. Swan CEO…

Price Analysis: Biden Announcement to Drive $70k Rally?

thecryptobasic.com Bitcoin price reached a 30-day peak of $68,457 on Monday July 22, 2024 as BTC markets reacted to crypto-friendly Donald Trump stretching his lead further after Biden bows…

FTX crypto fraud victims to get their money back

techcrunch.com Bankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago say that the vast majority of victims will receive…

Crypto throws Celsius defendants potential lifeline in clawback lawsuits, lawyer says

dlnews.com In an attempt to claw back money it can use to repay its creditors, failed crypto lender Celsius is suing thousands of former customers who pulled their assets from the…

Bitzlato Founder Sentenced to Prison for Facilitating Money Laundering

cryptopotato.com On July 18, Judge Eric Vitaliano sentenced the founder of the Bitzlato cryptocurrency exchange to 18 months, the time he had already served, for running an unlicensed…

Worldcoin’s price manipulation? ‘Biggest scam token of the bull run’

ambcrypto.com ZachXBT and DeFi Squared criticized Worldcoin for alleged market manipulation. In an unexpected turn of events, Worldcoin [WLD] started facing backlash following a…

Peter Singer Says Effective Altruism Is ‘Alive And Well’ After SBF, FTX: Big Think

cryptonews.com Australian philosopher Peter Singer says that the effective altruism (EA) movement is “alive and well” after FTX founder and EA supporter Sam Bankman-Fried’s downfall, a new…

Investors say Bitfinex, like Alameda, had negative balance override

protos.com Bitfinex, like Alameda Research, allegedly permitted special customers to trade with negative account balances, according to a second amended consolidated class action…

Worldcoin Accused of Price Manipulation as Experts Call WLD “Biggest Scam Token”

beincrypto.com is the subject of criticism by several crypto experts on social media, who slam the project and related venture capitalists (VCs) for shilling “the biggest scam token of the…

Crypto Lender BlockFi to Begin Repayments on Coinbase Soon

coinspeaker.com Coinspeaker Crypto Lender BlockFi to Begin Repayments on Coinbase Soon Beleaguered cryptocurrency lender BlockFi announced that it plans to commence repayments to users who…

FTX and CFTC reach a $12.7B settlement: What happens now?

ambcrypto.com FTX filled for bankruptcy in 2022, and regulators filled civil lawsuits against the firm. After two years of legal battle and investor frustration, FTX has settled with…

Crypto Sleuth Unmasks Worldcoin Insider Trading Scandal Ahead Token Unlock

coingape.com In a recent expose, prominent crypto detective ZachXBT has highlighted potential insider trading and questionable practices by the Worldcoin team as the project nears a…

FTX and CFTC Settle 19-Month Lawsuit for $12.7 Billion, Pending Court Approval

financemagnates.com FTX, a bankrupt cryptocurrency exchange, and the United States Commodities Futures Trading Commission (CFTC) have agreed to a $12.7 billion settlement. This agreement…

Crypto Exchange FTX Agrees to Settle with CFTC for Nearly $13B

coinspeaker.com Coinspeaker Crypto Exchange FTX Agrees to Settle with CFTC for Nearly $13B Beleaguered cryptocurrency exchange FTX has finally reached an agreement with the US Commodity…

FTX and US CFTC Reach $12.7 Billion Settlement: Details

cryptopotato.com Bankrupt cryptocurrency exchange FTX and the U.S. Commodity Futures Trading Commission (CFTC) have reached a $12.7 billion settlement, pending approval from a Delaware…

FTX Agrees to $12.7 Billion Settlement With CFTC Over Collapse

decrypt.co Collapsed crypto company FTX has reached a settlement with the Commodity Futures Trading Commission (CFTC)—meaning the disgraced brand is now expected to pay $12.7 billion…

Trump has shifted crypto into a ‘wedge issue’ as campaign intensifies

cryptobriefing.com Former US President Donald Trump, who recently survived an assassination attempt, has made a notable shift in his stance on crypto, positioning the technology as a key…

Crypto Winners and Losers from Q2 Revealed, as Meme Coins Falter

cryptonews.com It’s been another dramatic quarter for crypto, with news coming in left, right, and center. Here’s just a flavor of the top headlines between April and June: The…

Empire Newsletter: How crypto could break its four-year cycle

blockworks.co Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. Break the cycle! Are we…

FTX And CFTC Settle Over $4B Claims

cryptomode.com FTX has settled with the United States Commodity Futures Trading Commission (CFTC), subordinating the $4 billion claim to creditor claims plus interest. According to…