FTT Soared 15% After SBF Appealed Fraud Conviction and 25-Year Sentencing
SBF faces daunting odds in his effort to overturn the conviction resulting from the collapse of his cryptocurrency exchange.
SBF faces daunting odds in his effort to overturn the conviction resulting from the collapse of his cryptocurrency exchange.
About $450 million of the recovered funds originated from a settlement with FTX.
Former FTX CEO Sam Bankman-Fried has expressed remorse for the outcomes stemming from a series of "poor decisions" he made
Judge Kaplan said that he has never seen a performance like Sam Bankman-Fried's in 30 years of his legal practice.
FTX's sale of a portion of its stake in Anthropic will fetch the bankrupt crypto exchange over $884 million.
CEO John Ray III slams SBF's sentence reduction attempt, citing victims "have suffered and continue to suffer."
Sam Bankman-Fried will be sentenced on March 28, 2024 before New York District Judge Lewis Kaplan.
Sam Bankman-Fried was a big supporter of Solana and had previously amassed a huge amount of SOL tokens.
The agreement reached with FTX and Alameda Research plays a pivotal role in BlockFi's bankruptcy and reorganization strategy.
Crypto users affected by FTX's bankruptcy express concern over significant pricing gaps, representing a fraction of the current market rate.