FTX

Former FTX CTO Gary Wang Asks Court for No Jail Time
Sam Bankman-Fried’s one-time friend and college roommate will be the fourth FTX executive to be sentenced.

FTX's Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse
Singh, who was sentenced to time served, is the fourth FTX executive to be sentenced for his role in the fraud.

Government Lawyers Defend Nishad Singh Saying He Provided ‘Substantial Assistance’ in FTX Investigation
Singh approached his cooperation with earnest remorse and eagerness to assist, according to a new court document.

Nishad Singh’s Lawyers Ask Judge to Spare Him Prison, Say He Is an 'Uncommonly Selfless Individual'
Singh will be sentenced for his role in the collapse of FTX on Oct. 30.

FTX's Salame Hoped Dog Bite Would Delay Prison, But Tucker Carlson Derailed Effort
Ryan Salame is set to start a prison sentence today after a judge rejected his attempt to delay his arrival to treat a bite to his face, noting it didn't stop him from doing a media interview.

Former FTX Customer Sues Hedge Fund, Says It Reneged on Bankruptcy Payout Deal
Alexander Nikolas Gierczyk of California says the hedge fund he sold his FTX bankruptcy claim to isn't paying out what it promised.

Delaware Judge Approves FTX Estate’s Bankruptcy Plan
Most FTX creditors will get all their money back in cash, and then some.

MicroStrategy Surges to 6-Month High as Bitcoin Wrestles With Key Moving Average
NEAR, UNI and APT led crypto gains, while bitcoin faded after pushing through $64,000 earlier in the day.

Diddy Hires Sam Bankman-Fried’s (New) Lawyer
The unlikely pair already share a cell. Now they share a lawyer.

Open Interest in XRP Jumps to Over $1B; Bitcoin Mining Profitability Fell Again in September: JPMorgan
"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as open interest in XRP tokens have surged in the past few days amid the hype around Ripple Labs' forthcoming stablecoin RLUSD. Plus, a reorganization plan for bankrupt crypto exchange FTX has gained support from 94% of so-called FTX Dotcom customers and a JPMorgan report shows that bitcoin mining profitability fell for the third straight month.

