Ryan Salame, a former top FTX executive and a prolific Republican donor, faces mounting legal pressure for his role in Sam Bankman-Fried’s business empire. Story Published at: April 27, 2023 at 08:09PM Continue Reading…
F.B.I. Searches Home of Top FTX Executive
FTX Negotiates for Return of $400 Million From Obscure Hedge Fund
The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund. Story Published at: February 15, 2023 at 10:00AM Continue Reading…
Sam Bankman-Fried Needs Tighter Bail Restrictions, Judge Says
A federal judge said he was not satisfied with a plan that lawyers for the disgraced FTX founder struck with prosecutors to limit his use of encrypted messaging apps. Story Published at: February 9, 2023 at 05:17PM Continue Reading…
FTX Inquiry Expands as Prosecutors Reach Out to Former Executives
Federal prosecutors in Manhattan are speaking with lawyers for former officials at the collapsed crypto exchange FTX and scrutinizing the immediate family of its founder, Sam Bankman-Fried. Story Published at: February 4, 2023 at 05:45PM Continue Reading…
Top Law Firm Advising FTX on Bankruptcy Can Keep Its Job, Judge Says
Sullivan & Cromwell was under attack for a potential conflict of interest tied to its work for the crypto exchange before the bankruptcy. Story Published at: January 20, 2023 at 07:19PM Continue Reading…
In Hunt for FTX Assets, Lawyers Locate Billions in Cash and Crypto
Lawyers for FTX have identified cash and digital assets that would go toward repaying customers and lenders of the collapsed exchange. Story Published at: January 17, 2023 at 11:27PM Continue Reading…
Sam Bankman-Fried Released on $250 Million Bond With Restrictions
The disgraced cryptocurrency executive appeared in court in Manhattan after his extradition from the Bahamas last night. He was granted bail and will live with his parents in California. Story Published at: December 22, 2022 at 06:52PM Continue Reading…