FTX creditors may receive up to 142% of their claims, while most customers could get back 118% of their balances.
Binance founder Changpeng Zhao was sentenced to four months in prison for money laundering violations.
Binance founder CZ faces potential prison time for anti-money laundering violations.
Likely bidders, including Figure Markets, Pantera Capital, and Abra, are gearing up to participate in the FTX Solana auction.
The specifics of Bankman-Fried appeal grounds remain undisclosed as the process begins in the SDNY court system.
FTX founder Sam Bankman-Fried (SBF) broke his silence following his recent sentencing to 25 years in prison, expressing remorse and…
Prosecutors sought 40 to 50 years for the Bankman-Fried verdict, citing massive financial losses.
FTX crypto creditors demand payouts for "Sam Coins" linked to fraudster Sam Bankman-Fried.
Emin Gün Sirer warns of trash Layer 2s replacing Sam Bankman-Fried, citing concerning practices.
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