FTX creditors may benefit from SpaceX surge worth billions
FTX creditors may see enhanced recoveries, but timing and market volatility could impact the ultimate financial benefit from SpaceX's success.
CryptoBriefing•Editorial Team17 JunFTX — page 6
Platform · 123 articlesCoverage, page 6
page 6 of 7CryptoBriefing•Editorial Team17 Jun
SpaceX Surge Could Be Worth Billions for FTX—Will Creditors Benefit?
Defunct crypto exchange FTX gained exposure to SpaceX in 2022, and the rocket-maker’s post-IPO rally has lifted hopes among creditors.
US lawmakers warn against presidential pardon for Sam Bankman-Fried
The former FTX CEO is currently serving a 25-year sentence after being found guilty on seven felony charges related to the misuse of customer funds.
Cointelegraph•Turner Wright17 Jun
Sam Bankman-Fried Want’s to Launch a New Crypto After Prison
Sam Bankman-Fried (SBF), the disgraced founder of FTX, is floating plans to launch a new crypto token after his release from prison. The former crypto magnate is currently serving a 25-year sentence after the catastrophic collapse of his exchange. Here is what SBF reportedly said, why experts strongly dismiss the plan, and how the crypto
BeInCrypto•Luis Blanco17 Jun
‘He had his day in court:’ Sens. Lummis and Gallego press Trump not to pardon former FTX CEO Sam Bankman-Fried
Sam Bankman-Fried was found guilty on all seven counts related to defrauding FTX customers, lenders, and investors.
The Block•Sarah Wynn17 Jun
Senators Introduce Bipartisan Resolution Opposing SBF Pardon
Senators Gallego and Lummis want the chamber on record that the FTX fraudster should get no clemency under any circumstances.
Crypto News, June 17: Kevin Warsh First FOMC, Binance vs. MiCA as CZ Takes on Hyperliquid, and BTC USD Grinds Sideways
Crypto news today starts with the feels-incomplete US-Iran deal, yet FTX claims payout progress, and ETH USD potential plot twist.
FTX’s Sam Bankman-Fried Wants to Launch a New Token After Prison
Sam Bankman-Fried, the FTX co-founder serving a 25-year sentence, has reportedly told a fellow inmate he intends to launch a new crypto token once he walks free, a release that (absent legal relief) may not arrive until around 2044. A Token Pitch From Behind Bars According to a New York Magazine feature, Bankman-Fried has been […]
Bitcoin.com News•Shiraz Jagati17 Jun
FTX Founder Sam Bankman-Fried Seeks Presidential Pardon From Trump Administration
Sam Bankman-Fried, the former CEO of FTX, has pursued legal avenues to challenge his conviction, even as he serves his 25-year federal prison sentence. In a new profile, he has discussed his experiences in prison as well as his efforts to reduce or overturn the sentence imposed on him. As
TheNewsCrypto•Lakshya Baskar17 Jun
Sam Bankman-Fried may launch new coin after prison, report says
New York Magazine says Sam Bankman-Fried discussed a future token after prison as his Trump pardon push and failed appeal keep FTX in focus.
SBF Sold Too Early: These Exited Bets Later Turned Into Multi-Billion Winners
The FTX estate sold SBF's stakes in Cursor, Anthropic and Robinhood too early. Here is what those exited bets are worth now.
BeInCrypto•Lockridge Okoth16 Jun
Crypto News, June 16: US-Iran Deal Oddity, FTX Claim Day, ETH USD Season Drawing Closer
Crypto news today starts with the feels-incomplete US-Iran deal, yet FTX claims payout progress, and ETH USD potential plot twist.
Bitcoin (BTC) Is Flashing Same Pattern Seen Before FTX Crash: Analyst
Bitcoin may still face a deep capitulation event despite an improving sentiment across the broader market.
Seized Alameda Funds on the Move Again: What Could the Latest US Government Transfer Signal?
According to reports, the U.S. government has sent an additional $350,000 in cryptocurrency. This had been initially stolen from Alameda Research and other FTX-related accounts on the Binance platform, close to three years after the collapse of the cryptocurrency kingdom. This money will definitely help in paying off creditors due
TheNewsCrypto•Sarayu Krishna16 Jun
Appeals Court Upholds Sam Bankman-Fried’s 25-Year Fraud Sentence in FTX Case: Report
A three-judge panel of the U.S. Court of Appeals for the Second Circuit has unanimously upheld Sam Bankman-Fried’s fraud conviction and 25-year prison sentence. The ruling rejected claims that his trial was unfair or that evidentiary rulings prevented a proper defense, reports Reuters. The court described the government’s evidence as robust and noted Bankman-Fried as […]
The Daily Hodl•Daily Hodl Staff15 Jun
Sam Bankman-Fried loses appeal to overturn 25-year prison sentence
A federal appeals court upheld the former FTX chief’s conviction, while his bid for clemency from President Donald Trump appears to face steep political odds.
Cointelegraph•Cointelegraph by Sam Bourgi12 JunSam Bankman-Fried Loses Appeal as Federal Court Upholds 'Robust' Fraud Conviction
Disgraced FTX founder Sam Bankman-Fried has applied for a pardon from President Trump, which is now his one remaining path out of prison.
Sam Bankman-Fried loses appeal as U.S. court upholds FTX fraud conviction
Sam Bankman-Fried has lost his appeal to overturn his 2023 fraud conviction and 25-year prison sentence, leaving the former FTX chief with fewer legal options as a separate pardon request remains pending. According to a ruling issued Friday by the…
Appeals court rejects Sam Bankman-Fried’s bid for new trial in FTX fraud case
Sam Bankman-Fried lost his appeal to overturn his 25-year sentence after accusing the original court of not giving him a fair chance.
The Block•Sarah Wynn12 Jun
SBF Files Formal Pardon Petition With Trump White House, Attorney Confirms
Sam Bankman-Fried formally filed a petition for a presidential pardon with the Trump White House, his attorney confirmed Monday. FTX's FTT token surged roughly 52% on the news.
The Defiant•The Defiant Team9 Jun