#FTX

Highlights: Ryan Salame drops plea withdrawal petition, allowing Michelle Bond to address similar issues in her upcoming legal case. Salame initially claimed his guilty plea was influenced by promises to drop investigations into his partner, Michelle Bond. With Bond now […]

Highlights: Michelle Bond faces charges for using FTX funds to finance her 2022 congressional campaign illegally. Bond’s partner and former FTX executive Ryan Salame will begin serving a 7.5-year prison sentence in October. The FTX collapse continues to influence campaign […]

Highlights: FTX and Alameda were ordered to pay $12.7 billion to creditors, ending a 20-month CFTC lawsuit. The settlement includes $8.7 billion in restitution and $4 billion in disgorgement, with no civil penalties. The approved reorganization plan offers a 118% […]

Highlights: SEC sued Silvergate and ex-executives for misleading investors on compliance and FTX losses. The bank failed to detect $9B in FTX-related suspicious transfers. Silvergate settled SEC charges for $50M; fined $63M by Fed and California regulator. The US Securities […]

Highlights: Jump Crypto under investigation by CFTC for trading and investment activities in the crypto sector. Jump Crypto faced setbacks, including hacks and losses from the FTX collapse. The investigation highlights regulators’ focus on crypto market compliance. The Commodity Futures […]

Highlights: BitFlyer will acquire FTX Japan, investing billions of yen into the deal. FTX Japan faced operational restrictions after FTX’s bankruptcy in 2022. The acquisition aims to ensure smooth trading for FTX Japan customers on BitFlyer’s platform. Japanese crypto exchange […]

Highlights: FTX has finalized the sale of its last 15 million shares in Anthropic, securing $450 million. The transaction marks FTX’s total earnings from Anthropic at $1.3 billion, with a $800 million profit. Despite extensive legal costs exceeding $700 million, […]