FTX auditor Prager Metis has settled with the SEC for audit norm violations. Prager Metis conducted two defunct FTX audits between 2021 and 2022. SEC ...

Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed a sentencing memorandum emphasizing her extensive cooperation with authorities and personal acceptance o

In an explosive thread on X, Cyber Capital founder Justin Bons accused Tether of being the largest fraud in crypto history. He believes that the stablecoin issuer’s alleged scandal has surpassed the scandals of both FTX and Bernie Madoff. Bons warned

The post FTX Unstakes Over $1 Billion in Solana: What’s Next For Crypto’s Comeback Kid? appeared first on Coinpedia Fintech News FTX recently unstaked over $1 billion worth of Solana (SOL), sparking concerns about the impact on the market. Despite th

Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim that legal errors denied him a fair trial and seek a retrial with a different judg

Bankman-Fried was found guilty in November of defrauding customers, lenders and investors of FTX and later sentenced to 25 years in prison.

As Solana approaches a comeback, potentially surpassing $137, a black swan event signals a massive influx of supply, which could… The post What’s Next For Solana as FTX Unstakes $1B SOL first appeared on The Crypto Basic.

Ex-FTX Digital Market co-CEO Ryan Salame will resume his prison sentence on Oct 11. A United States court has granted the government’s request to move up the date of Salame’s self-surrender. The aftermath of FTX implosion left users with high losses

Former FTX executive Ryan Salame faces potential sanctions after admitting to making false statements during his 2023 guilty plea for campaign finance and money-transmitting crimes. US District Judge Lewis Kaplan, overseeing the case, expressed conce

Cryptocurrency wallet H4y…gFZ, reportedly belonging to FTX/Alameda or affiliated with them, has recently redeemed 177,693 Solana tokens from the solana Proof-of-Stake (PoS) network. Crypto exchange FTX was one of the biggest holders of Solana (SOL) c

The post FTX Strikes Deal to Regain $600 Million in Robinhood Shares: A Turnaround Strategy? appeared first on Coinpedia Fintech News FTX’s Strategic Move has stumbled millions of crypto investors as FTX has reached a sealed agreement to regain contr

Several crypto funds, including Pantera Capital and ParaFi Capital, recently purchased a substantial amount of Metaplex (MPLX) tokens from Wave Digital Assets, originally held by the FTX estate, according to a source familiar with the situation and c

Thoma Bravo's exit from crypto underscores the lasting impact of high-profile failures on investor confidence and market stability. The post Thoma Bravo founder says firm permanently exits crypto post-FTX fiasco appeared first on Crypto Briefing.

The following article is an adapted version of The Block’s newsletter, The Daily, which comes out every weekday.

Coinspeaker Former FTX Executive Ryan Salame Withdraws Petition to Cancel Guilty Plea Former FTX executive Ryan Salame withdraws his petition to cancel his guilty plea as prosecutors accuse him of trying to escape sentencing. Former FTX Executive Rya

The U.S. Trustee and a group of creditors have raised major objections to the FTX reorganization plan.

Two FTX and Alameda Research executives have been sentenced to prison, two have their sentencings scheduled, and one has pleaded guilty.

The post FTX and Alameda Reach $12.7 Billion Settlement, Ending Legal Battle with CFTC appeared first on Coinpedia Fintech News Major Settlement Greenlit! On August 7, U.S. District Judge Peter Castel

In the latest development, defunct crypto lender BlockFi announced that based on their current recovery efforts, its clients could receive 100% of the eligible claims. The announcement comes at a time

Crypto lending company BlockFi, which filed for bankruptcy in 2022 following the collapse of crypto exchange FTX, announced on Monday the successful sale of its FTX claims. This marks another step tow