In the high-stakes world of cryptocurrency, few figures loom as large as Sam Bankman-Fried, the prodigious founder of FTX, a leading cryptocurrency exchange. However, his meteoric rise has been punctuated by a series of legal challenges that have cast a shadow over his entrepreneurial journey. The Dropped Charges Recently, a significant development unfolded in Bankman-Fried’s […]

The infamous FTX crypto exchange might open for business once following the FTX 2.0 reboot. Court Filing FTX CEO John J. Ray III has spent time working on a plan to revive the now-defunct crypto exchange FTX, according to a recent court filing. The filing revealed that Ray reviewed and finalized materials for the FTX […]

Bankman-Fried pleaded not guilty in several criminal charges brought up against him. Charges Sam Bankman-Fried, former CEO of crypto exchange FTX, has submitted pretrial motions to dismiss a significant portion of the charges brought against him based on legal justifications. The trial is scheduled for October 2023, and his lawyers are seeking to dismiss charges […]

The four-time NBA champion has been evading the process servers for several months. O’Neal Served Shaquille O’Neal has been served with a lawsuit alongside FTX founder Sam Bankman-Fried and other celebrity spokespeople. They are being accused of defrauding FTX investors. The lawyers for the plaintiffs have been attempting to serve O’Neal for the past three […]

FTX Exchange, a Cryptocurrency Exchange, has Recovered $7.3 Billion in Assets, According to the Bankruptcy Lawyer in Charge of the Case. The Recovery of these Assets May Lead to the Potential Restart of the Exchange, which has Been Dormant Since its Bankruptcy Filing in 2022. The Recovery of FTX Exchange Assets After FTX Exchange filed […]

Sam Bankman-Fried, the founder and CEO of the crypto exchange FTX, has been accused of bribing at least one Chinese official with over $40 million. The US Department of Justice (DOJ) has filed an indictment against Bankman-Fried and others on charges of violating anti-bribery and anti-money laundering laws. Details of the Bribery Allegations According to […]

The fallen crypto exchange is doing everything to get back as much of its assets as possible. Clawback Crypto exchange FTX is seeking to recover $460 million from venture capital firm Modulo Capital, which allegedly misappropriated customer funds. The investment from Alameda Research to Modulo was understood to be around $400 million last year. This […]

Several prominent YouTubers and influencers who promoted FTX, a major cryptocurrency exchange, are facing a class-action lawsuit for allegedly promoting fraudulent activities. The lawsuit, which seeks $1 billion in damages, was filed in the Southern District of New York on Tuesday. 🚨BREAKING: Youtubers promoting FTX are being sued in a class action lawsuit. Claiming $1 […]

The Ripples Of The FTX Collapse Continue The founder of the hedge fund, Kevin Zhou, confirmed today that the company will be shutting down soon. He said that they lost almost half of their assets when the disgraced cryptocurrency exchange, FTX, collapsed. He was transparent about the issue from the beginning as he informed the […]

Witness Tampering Sam Bankman-Fried is lounging in his parents’ house instead of being in jail thanks to a $250 million bail. Thinking he could get away he allegedly engaged in witness tampering. The attorneys reported that he contacted several individuals who might provide incriminating evidence to the authorities about him. At the time he claimed that […]