FTX

FTX

Policy

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 co-founder Gary Wang, center, near the federal courthouse in Manhattan as he was set to testify again on Oct. 10, 2023 (Victor Chen/CoinDesk)

Policy

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.

Nishad Singh, left, exits a federal courthouse after testifying on Oct. 16, 2023 (Nikhilesh De/CoinDesk)

Policy

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.

Former FTX Head of Engineering Nishad Singh (left) (Nikhilesh De/CoinDesk)

Policy

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.

Nishad Singh, left, exits a federal courthouse after testifying on Oct. 16, 2023 (Nikhilesh De/CoinDesk)

Policy

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.

Ryan Salame leaving a New York courthouse on Sept. 7, 2023. (Sam Kessler/CoinDesk)

Policy

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.

FTX Logo

Policy

Delaware Judge Approves FTX Estate’s Bankruptcy Plan

Most FTX creditors will get all their money back in cash, and then some.

John J. Ray III, CEO of FTX Group (Nathan Howard/Getty Images)

Markets

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.

Bitcoin price on 10/07 (CoinDesk)

Policy

Diddy Hires Sam Bankman-Fried’s (New) Lawyer

The unlikely pair already share a cell. Now they share a lawyer.

Sean Combs (Samir Hussein/Getty Images for Sean Diddy Combs)

Videos

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.

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