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FTX
Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect
Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white-collar cases.
FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse
The bankrupt exchange's unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.
Solana's Major 5-Hour Outage; Treasury Secretary Janet Yellen Warns of Crypto Risks
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories shaping the crypto industry today, including details on Solana's five-hour outage and the slump in SOL tokens following the incident. Bankrupt exchange FTX wants to sell its stake in AI startup Anthropic. And, U.S. Treasury Secretary Janet Yellen warns of the potential hazards the crypto industry poses.
Multicoin Capital Is in Talks to Sell Roughly $100M FTX Bankruptcy Claim: Source
Positive news around the FTX bankruptcy has seen claims being sold for upward of 70 cents on the dollar, now climbing towards the eighties.
FTX Seeks to Sell 8% Stake in Anthropic for Sake of 'Shareholders'
Court filings show the crypto estate wants to agree procedures so that it can sell the shares at the "optimal" time.
Bitcoin Ends the Week Higher; New Developments in FTX Hack Mystery
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories shaping the crypto industry today, including the U.S. federal government charging three people with a yearslong phone hacking conspiracy that culminated in the infamous theft of $400 million from FTX. The price of bitcoin (BTC) is ending the week higher after some new central bank decisions. And, comedian Larry David speaks out about his infamous Super Bowl ad.
FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange
The federal indictment doesn't identify Sam Bankman-Fried's FTX as the pilfered company, but Bloomberg reported that's who it was.
Bitcoin Slips as Fed Leaves Rates Unchanged; Celsius to Distribute $3B Crypto to Creditors
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines shaping the industry today, including an update that Celsius will be shipping out more than $3 billion to its creditors as the firm's bankruptcy is officially closed. A U.S. Federal Reserve decision dents market hopes of a rate cut at its next meeting in March. And, FTX customers get a hopeful legal update.
Larry David Calls Himself an 'Idiot' for Doing Infamous FTX Super Bowl Ad
Sam Bankman-Fried's cryptocurrency exchange infamously collapsed months after the commercial.
FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange
An initial surge in the FTT token after the news turned negative, leaving FTT plummeting 15% today.
