❌

Normal view

There are new articles available, click to refresh the page.
Before yesterdayMain stream

FTX Customers Poised to Recover All Funds Lost in Collapse

8 May 2024 at 14:25
Bankruptcy lawyers for FTX said customers of the cryptocurrency exchange were set to get all their money back, plus interest.

Β© Marco Bello/Reuters

The announcement was a landmark in the attempt to recover the $8 billion in customer assets that disappeared when FTX imploded.

Binance Founder Sentenced to 4 Months in Prison

30 April 2024 at 17:56
Changpeng Zhao, the founder and former chief executive of the Binance cryptocurrency exchange, had pleaded guilty to a money-laundering violation.

Β© Grant Hindsley for The New York Times

Changpeng Zhao, the founder of the Binance cryptocurrency exchange, walking into the federal courthouse in Seattle on Tuesday to face sentencing.

Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud

Mr. Bankman-Fried, who was convicted of stealing $8 billion from customers of his FTX cryptocurrency exchange, faced a maximum sentence of 110 years.

Β© Hiroko Masuike/The New York Times

Just 18 months ago, Sam Bankman-Fried was a titan of the corporate world and was one of the youngest billionaires on the planet.
❌
❌