FTX co-founder Gary Wang asks judge for no prison time - ftx, gary

FTX co-founder Gary Wang asks judge for no prison time

Sam Bankman-Fried’s college friend and FTX co-founder Gary Wang is asking a federal judge to spare him from a prison sentence a few days after FTX executive Nishad Singh was given no prison time. FTX co-founder Gary Wang is pleading…

Trisha Husada
FTX co-founder Gary Wang seeks to avoid prison time ahead of sentencing - ftx, time, gary

FTX co-founder Gary Wang seeks to avoid prison time ahead of sentencing

FTX co-founder Gary Wang should not receive prison time, his lawyer argued in a sentencing memorandum filed on Wednesday.

Sarah Wynn
FTX Co Founder Gary Wang Appeals For No Jail Time, Here’s Why - ftx, time, gary

FTX Co Founder Gary Wang Appeals For No Jail Time, Here’s Why

FTX co-founder Gary Wang has requested a federal judge not to send him to prison. He noted that he is testifying against the former business partner, Sam Bankman-Fried, someone he has known for a long time in a fraud case. The lawyer for Wang submitt

Kelvin Munene Murithi
These 2 Exchanges Lead in Bitcoin Reserve Growth Since FTX’s 2022 Collapse - ftx

These 2 Exchanges Lead in Bitcoin Reserve Growth Since FTX’s 2022 Collapse

Two years post-FTX, exchanges prioritize asset transparency but Coinbase remains the only major without a public Proof-of-Reserves report.

Chayanika Deka
ftx
U.S. Government Pushes to Recover $13.25 Million in Political Donations from FTX Executives - ftx

U.S. Government Pushes to Recover $13.25 Million in Political Donations from FTX Executives

The post U.S. Government Pushes to Recover $13.25 Million in Political Donations from FTX Executives appeared first on Coinpedia Fintech News The FTX case has taken a new twist as the U.S. government seeks to recover $13.25 million in political donat

Mustafa Mulla
ftx
Judge Grants More Time For US Government To Negotiate FTX Donation Return - ftx, judge, time

Judge Grants More Time For US Government To Negotiate FTX Donation Return

A U.S. federal judge has granted the government additional time to negotiate the return of up to $13.25 million in political donations made by former FTX executives Sam Bankman-Fried and Nishad Singh. Judge Lewis Kaplan, presiding over the case, appr

Ronny Mugendi
Investing $500 in these 3 altcoins could potentially turn into $50,000 in next supercycle - ftx, kucoin

Investing $500 in these 3 altcoins could potentially turn into $50,000 in next supercycle

KuCoin faces a $50m lawsuit from FTX, raising concerns as analysts anticipate a 400% rally for SOL in Q4, while Lunex Network's DeFi exchange is set for a potential 100x surge at launch. #partnercontent

Guest Post
FTX eyes $21 million asset recovery through settlements with bank and charity organization - ftx, million, bank

FTX eyes $21 million asset recovery through settlements with bank and charity organization

Bankrupt crypto exchange FTX has reached settlement agreements with Evolve Bank and Silicon Valley Community Foundation (SVCF) that could enable it to recover up to $21 million in assets. According to Oct. 30 court filings, these settlements still re

Oluwapelumi Adejumo
Former FTX Executive Nishad Singh Avoids Prison Time: Must Forfeit $11 Billion - ftx, time

Former FTX Executive Nishad Singh Avoids Prison Time: Must Forfeit $11 Billion

TLDR: Nishad Singh, former FTX engineering head, received no jail time but 3 years supervised release Singh was a key witness against Sam Bankman-Fried, who got 25 years in prison Judge praised Singh’s “remarkable” cooperation with authorities Singh

Oliver Dale
Former FTX exec Nishad Singh avoids prison time after cooperating with authorities in crypto exchange collapse: reports - ftx

Former FTX exec Nishad Singh avoids prison time after cooperating with authorities in crypto exchange collapse: reports

Nishad Singh, FTX's former engineering director, was sentenced on Wednesday after pleading guilty to criminal charges, including fraud.

Sarah Wynn
ftx
Judge grants leniency to Nishad Singh in FTX scandal for crucial cooperation - ftx, six, judge

Judge grants leniency to Nishad Singh in FTX scandal for crucial cooperation

Nishad Singh, former engineering director at defunct exchange FTX, was sentenced to time served and three years of supervised release on Oct. 30 for his role in misappropriating user funds and violating campaign finance laws. The decision, handed dow

Assad Jafri
FTX CEO Makes Last-Minute Plea for Leniency in Nishad Singh Sentencing - ftx

FTX CEO Makes Last-Minute Plea for Leniency in Nishad Singh Sentencing

John Ray laid out the importance of Nishad Singh’s future cooperation to FTX’s bankruptcy, hours before the crypto executive's sentencing.

Sander Lutz
ftx
Bankrupt FTX Inks Over $227,000,000 Settlement With Bybit To Recover Stakeholder Funds - ftx

Bankrupt FTX Inks Over $227,000,000 Settlement With Bybit To Recover Stakeholder Funds

The bankrupt crypto exchange FTX has reached a settlement with the digital asset exchange Bybit to the tune of hundreds of millions of dollars. Last week, FTX’s legal team submitted a motion approving a settlement agreement with Bybit stemming from F

Conor Devitt
ftx
FTX reaches $228 million settlement with Bybit amid bankruptcy efforts - ftx, million, bit

FTX reaches $228 million settlement with Bybit amid bankruptcy efforts

FTX has reached a $228 million settlement with crypto exchange Bybit and its affiliates, concluding a lawsuit filed in Nov. 2023 that sought to recover approximately $1 billion in assets. The agreement allows FTX to withdraw $175 million in digital a

Liam 'Akiba' Wright
FTX agrees to drop lawsuit against Bybit in $228 million settlement - ftx

FTX agrees to drop lawsuit against Bybit in $228 million settlement

The settlement is expected to allow FTX to recover a significant amount of funds held on Bybit since its collapse in 2022.

Danny Park
ftx
FTX Resolves Dispute with Bybit Through a $2.28 Billion Agreement - ftx

FTX Resolves Dispute with Bybit Through a $2.28 Billion Agreement

FTX and Bybit reached a $2.28 billion deal to resolve disputes. FTX aims to refund over $12.6 billion to affected users. Continue Reading:FTX Resolves Dispute with Bybit Through a $2.28 Billion Agreement The post FTX Resolves Dispute with Bybit Throu

Fatih Uçar
ftx
Ex-FTX exec Nishad Singh seeks leniency for minor role in collapse - ftx

Ex-FTX exec Nishad Singh seeks leniency for minor role in collapse

Former FTX executive Nishad Singh is asking a US federal judge for leniency ahead of his sentencing for his role in the exchange’s collapse. In a memorandum filed on Oct. 16, Singh’s legal team emphasized his cooperation with authorities and the limi

Assad Jafri
ftx
Post-FTX Collapse: 16 Settlements Finalized in Two Years Indicate Heightened Regulatory Focus - ftx

Post-FTX Collapse: 16 Settlements Finalized in Two Years Indicate Heightened Regulatory Focus

The fallout from FTX's collapse resulted in numerous lawsuits and settlements, as per CoinGecko.

Chayanika Deka
ftx
Former FTX executive Ryan Salame begins his seven and a half year prison sentence - ftx, money

Former FTX executive Ryan Salame begins his seven and a half year prison sentence

Salame pled guilty in September to conspiring to make unlawful political contributions as well as conspiracy to operate an unlicensed money-transmitting business.

Sarah Wynn
Former FTX Exec Ryan Salame Posts Bizarre LinkedIn Update Before Heading To Prison - ftx

Former FTX Exec Ryan Salame Posts Bizarre LinkedIn Update Before Heading To Prison

The way former FTX executive Ryan Salame prepares to start his 7.5-year prison sentence has surprised the crypto community. His recent social media updates sparked a wave of memes and jokes among industry figures and community members, who shared the

Rubmar Garcia
ftx