Number of Do Kwon’s victims could exceed one million — court filing - ftx, terra, Crypto, Cointelegraph, changpeng zhao, one

Number of Do Kwon’s victims could exceed one million — court filing

Prosecutors with the United States government overseeing Do Kwon’s criminal case have estimated that the Terraform Labs’ co-founder could potentially have more than one million victims across the world after the collapse of the ecosystem.In a Jan. 6

Analyst Warns of Potential “Grayscale Effect” on Solana in 2025 - ftx, sol, nav, second, Crypto, bitcoin, x, solana, Beincrypto

Analyst Warns of Potential “Grayscale Effect” on Solana in 2025

Data researcher Ben Lilly says the crypto market may face significant turbulence this year, particularly for Solana . He predicts a “Grayscale Effect” that could put pressure on SOL prices.The term refers to the potential impact of scheduled share un

​​Tether general counsel Stuart Hoegner retires - ftx, usdt, tether, Cointelegraph, Crypto, bitcoin

​​Tether general counsel Stuart Hoegner retires

Update (Jan. 3, 2:20 am UTC): This article has been updated to reflect that Stuart Hoegner’s retirement is a separate event from the implementation of MiCA and added additional related news relating to Tether. Stuart Hoegner, General Counsel of Tethe

Binance inflows hit $24 billion from 250M user base in 2024 - ftx, 2024, Cointelegraph, bitcoin, Crypto, tether, bitmex, cex, data

Binance inflows hit $24 billion from 250M user base in 2024

Cryptocurrency exchange Binance has racked up over $24 billion in inflows from user deposits in 2024, according to data from DefiLlama.In a blog where Binance said its inflows were higher than 10 exchanges combined, Binance said the “growth aligns wi

Gemini’s Cameron Winklevoss Demands Fresh Probe Into SBF, Here’s Why - ftx, sbf

Gemini’s Cameron Winklevoss Demands Fresh Probe Into SBF, Here’s Why

Gemini co-founder and CEO Cameron Winklevoss is calling for a probe into the drop of a controversial charge involving FTX co-founder Sam Bankman-Fried (SBF). It has been 8 months since Judge Lewis Kaplan sentenced SBF to 25 years in jail. However, to

Godfrey Benjamin
Bankrupt Crypto Exchange FTX To Commence Payments To Customers, Creditors In Early 2025 - ftx, early

Bankrupt Crypto Exchange FTX To Commence Payments To Customers, Creditors In Early 2025

Bankrupt cryptocurrency exchange FTX has announced plans to begin distributing payments to creditors and customers in early 2025. read more

Rounak Jain
Bankrupt Crypto Exchange FTX Set To Begin Paying Creditors and Customers in Early 2025, Says CEO - ftx, early, crypto

Bankrupt Crypto Exchange FTX Set To Begin Paying Creditors and Customers in Early 2025, Says CEO

The CEO of fallen crypto exchange FTX says the firm will begin distributing its bankruptcy payments soon. In a statement, John Jay Ray III says payments to FTX creditors and customers will begin early next year amid anticipation that the company’s co

Rhodilee Jean Dolor
Breaking: FTX Reorganization Plan To Resume In January 2025 - ftx

Breaking: FTX Reorganization Plan To Resume In January 2025

The long-awaited FTX bankruptcy plan now have a specific date for creditors to expect payment. As the defunct exchange revealed in a recent press release, the official reorganization plan will commence in January 2025. FTX said it is completing the f

Godfrey Benjamin
ftx
FTX set to begin creditor distributions in early 2025 - ftx, early

FTX set to begin creditor distributions in early 2025

FTX to commence creditor distributions by early 2025 following court-approved reorganization, with arrangements completing this December. The post FTX set to begin creditor distributions in early 2025 appeared first on Crypto Briefing.

Estefano Gomez
NBA star Shaq agrees to pay $11 million to settle long simmering class action lawsuit over promoting NFTs - ftx, star

NBA star Shaq agrees to pay $11 million to settle long simmering class action lawsuit over promoting NFTs

O'Neal, who is also part of a massive consolidated case against celebrity "brand ambassadors" for FTX, attempted to dismiss the case.

Daniel Kuhn
The FTX co-founder proved ‘outstanding assistance’ to the US authorities. What awaits him now? - ftx

The FTX co-founder proved ‘outstanding assistance’ to the US authorities. What awaits him now?

FTX co-founder Gary Wang, convicted of misusing funds at a fictitious crypto exchange, may face punishment after his case goes to trial. On Nov. 13, prosecutors in the U.S. District Court for the Southern District of New York filed a…

Anna Kharton
ftx
FTX Files $1.8 Billion Lawsuit Against Binance And Former CEO Changpeng Zhao - ftx, changpeng zhao

FTX Files $1.8 Billion Lawsuit Against Binance And Former CEO Changpeng Zhao

The estate of bankrupt crypto exchange FTX filed a lawsuit against Binance and its former CEO, Changpeng Zhao, for alleged fraudulent transfers and starting a campaign to “destroy” its competitor. The $1.8 billion legal action follows another 23 laws

Rubmar Garcia
Binance is just the start. Why bankrupt FTX is suing The Mooch, CZ, and more - ftx

Binance is just the start. Why bankrupt FTX is suing The Mooch, CZ, and more

A roundup of the over 25 lawsuits FTX filed over the past week.

Joanna Wright
ftx
Breaking: FTX Files Lawsuit Against Anthony Scaramucci - ftx

Breaking: FTX Files Lawsuit Against Anthony Scaramucci

Bankrupt cryptocurrency trading platform FTX Derivatives Exchange has filed a lawsuit against Anthony Scaramucci. Known for his political and crypto engagements, FTX is out to recoup up to $67 million the trading firm invested into SkyBridge Capital

Godfrey Benjamin
ftx
Coinbase Launches cbBTC on Solana to Bring Bitcoin to DeFi Protocols - ftx, bitcoin, solana, defi

Coinbase Launches cbBTC on Solana to Bring Bitcoin to DeFi Protocols

Coinbase launches cbBTC on Solana to fill a Bitcoin gap in DeFi, boosting liquidity and adoption after FTX’s collapse left Solana lacking

Blockhead
FTX Co-Founder Gary Wang Begs Judge For Freedom: Will He Escape Jail Time? - ftx, gary

FTX Co-Founder Gary Wang Begs Judge For Freedom: Will He Escape Jail Time?

Gary Wang, FTX’s co-founder, has asked through his legal team for a non-custodial sentence in a memo filed last November 6th in connection with the United States v. Sam Bankman-Fried. The computer programmer argued that he should not serve jail time

Christian Encila
Former FTX Executive Caroline Ellison Set To Begin Two-Year Prison Sentence for Role in FTX Fiasco - ftx, caroline

Former FTX Executive Caroline Ellison Set To Begin Two-Year Prison Sentence for Role in FTX Fiasco

Former FTX executive Caroline Ellison is set to start her two-year prison term in Connecticut. According to a new report by CNBC, a Bureau of Prison (BOP) spokesperson said that Caroline Ellison – the former CEO of FTX’s sister company Alameda Resear

Mehron Rokhy
Caroline Ellison Starts Prison Sentence for FTX Fraud - ftx, caroline

Caroline Ellison Starts Prison Sentence for FTX Fraud

Caroline Ellison, former CEO of Alameda Research and key witness in the case against FTX founder Sam Bankman-Fried, reported to a low-security federal prison in Connecticut on Thursday. In September, the court sentenced Ellison to two years in prison

Teuta Franjkovic
FTX Co-Founder Gary Wang Appeals for Leniency Ahead of Sentencing: Report - ftx

FTX Co-Founder Gary Wang Appeals for Leniency Ahead of Sentencing: Report

Cooperation with prosecutors and aiding in Sam Bankman-Fried's conviction could sway the former FTX executive's fate.

Wayne Jones
ftx
Alameda Boss Caroline Ellison Reports to Federal Prison for Role in FTX Scandal - ftx, caroline

Alameda Boss Caroline Ellison Reports to Federal Prison for Role in FTX Scandal

Caroline Ellison, former chief executive of Alameda Research and a pivotal witness in the case against FTX founder Sam Bankman-Fried, has reported to a low-security federal prison in Connecticut following her two-year sentence, according to a CNBC re

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