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The Latest Breaking News from FTX

Former FTX executive Caroline Ellison faces sentencing

A former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire faces the possibility of years in prison when she is sentenced Tuesday for fraud

The Independent UK

Coinbase and Goldman Sachs alum launch TrueX, a new crypto exchange built on stablecoins

Founded by former Coinbase head of exchange Vishal Gupta, TrueX will use PayPal's stablecoin as its default settlement currency.

Fortune

Sam Bankman-Fried Experienced 'Trial By Media'? FTX Co-founder Appeals Conviction

Sam Bankman-Fried's lawyers have filed to appeal their client's fraud conviction – they said the world judged the former FTX CEO, he didn't get a fair trial, and was presumed guilty by the media.

International Business Times

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Sam Bankman-Fried's lawyers claim in an appeal that he was judged too quickly

Lawyers for Sam Bankman-Fried have filed an appeal claiming that the imprisoned FTX founder was the victim of a rush to judgment by a public that wrongly believed he was guilty before he was even arrested

The Independent UK

Caroline Ellison Wants No Prison Time For Role In FTX Collapse

Caroline Ellison is attempting to duck prison time for the key role she played in the FTX-Alameda fraud, with her lawyers citing her cooperation with the government to bring Sam Bankman-Fried's crimes to light.

International Business Times

Former FTX Executive Seeks No Prison Time At Sentencing

Former FTX executive Caroline Ellison seeks no prison time for cooperation in cryptocurrency fraud case.

Top News

Sam Bankman-Fried encouraged Adderall use says ex-girlfriend Caroline Ellison in bid to avoid prison

The former Alameda Research CEO asked prosecutors for no prison time ahead of her sentencing later in September.

Fortune

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Key witness in trial of FTX founder Sam Bankman-Fried seeks no prison time at upcoming sentencing

Caroline Ellison, a former top executive in FTX founder Sam Bankman-Fried's collapsed cryptocurrency empire, is seeking no prison time at her sentencing later this month

The Independent UK

New campaign finance violation case illustrates that the FTX criminal saga may be far from over after DOJ charges crypto lobbyist

The Department of Justice charged crypto lobbyist Michelle Bond with illegally financing her congressional campaign with FTX funds.

Fortune

Former FTX Exec's Partner Michelle Bond Charged For Campaign Finance Violations

Michelle Bond, largely known for her congressional bid in 2022, has been indicted over charges related to illegal financing of her campaign – she received $400,000 from defunct crypto exchange FTX.

International Business Times

EXCLUSIVE: Former Binance Policy Chief Talks New Bitget Role, International Compliance, Constructive Regulation

Hon Ng was recently appointed as Bitget's Chief Legal Officer, and he is more than ready to help Bitget become a leader in compliance and regulatory collaboration efforts in the burgeoning crypto industry.

International Business Times

Why Silicon Valley falls prey to ‘charisma distortion,’ according to investor and Google X founding member Tom Chi

Silicon Valley loves a charismatic visionary. Sometimes a little too much, like when that vision outstrips reality. I recently talked about this with Tom Chi, once a founding member of Google X and now founding partner at At One Ventures.

Fortune

Nate Silver charts the course of risk-taking, from Sam Bankman-Fried to Sam Altman

For Nate Silver poker, Sam Bankman-Fried, and the future of AI are all connected by one thing—risk-taking.

Fortune

US Orders FTX, Alameda To Pay $12.7 Bn To Victims

Failed cryptocurrency platform FTX Trading and affiliate Alameda Research must pay $12.7 billion to compensate customers and fraud victims under a consent order, US regulators announced Thursday.

International Business Times

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The Guardian - UK

Bankrupt crypto exchange FTX ordered by US court to pay customers $12.7bn

Compensation order comes five months after founder Sam Bankman-Fried was jailed for role in collapse

The Independent UK

FTX ordered to pay $12.7 billion in massive crypto fraud case

Sam Bankman-Fried, the founder of FTX, was sentenced in March to 25 years in prison for stealing $8 billion from customers

Fortune

Sequoia Capital invested early in Google, Nvidia, and Apple. Can Roelof Botha keep the legendary venture capital firm ahead in the AI future?

The firm and its leader are rethinking the way they invest in companies, the way they relate to founders, and even the way they think.

International Business Times UK

SkyBridge Capital's Anthony Scaramucci Explains Why Bitcoin Prices Could Reach $100K By Year-End

Despite mounting selling pressures on Bitcoin, Anthony Scaramucci sees multiple bullish factors for the coin and thinks it can reach a value of $100,000 by year-end.

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news in one place.

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International Business Times

3 Groups File Competing Claims For Sam Bankman-Fried's $11B Forfeited Assets

Sam Bankman-Fried was ordered to forfeit $11 billion in assets after he was found guilty of fraud and other related charges late last year, and now three separate groups are claiming all or some of the assets linked to the collapse of the FTX crypto empire.

The Guardian - US

Sam Bankman-Fried funded a group with racist ties. FTX wants its $5m back

The Guardian reveals FTX trustees, in charge after the CEO’s downfall, allege payments were made with looted funds

International Business Times

Biting Off More Than It Can Chew: Senator Doubts CFTC Can Oversee Digital Commodities

Thursday's Senate Appropriations subcommittee hearing was on fire as CFTC Chair Rostin Behnam was questioned about the regulator's capability in overseeing the digital assets industry.

Fortune

Former FTX executive Ryan Salame is not pleased with his prison sentence

Despite pleading guilty, Sam Bankman-Fried's former lieutenant received a harsher sentence than prosecutors asked for—and took to X to voice his displeasure.

Top News

Former FTX Executive Sentenced To 90 Months In Prison

Former FTX executive sentenced to 90 months in prison for unlawful campaign donations linked to embezzlement case.

The Independent UK

Ryan Salame, part of the 'inner circle' at collapsed crypto exchange FTX, sentenced to prison

A federal judge has sentenced former FTX executive Ryan Salame to more than seven years in prison

The Independent UK

Top FTX executive jailed over connections to collapsed crypto empire

Ryan Salame, 30, was sentenced to seven-and-a-half years in prison after pleading guilty

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