FTX


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.

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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)

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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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Finance

FTX Dotcom Creditors Vote Massively in Favor of Reorganizing Plan

The plan promises to return 118% of claims in cash to most creditors, who represent about $6.83 billion in claims by value.

FTX CEO Sam Bankman-Fried (MIT Bitcoin Club/Wikimedia Commons, modified by CoinDesk)

Policy

What to Expect at Former Alameda Research CEO Caroline Ellison's Sentencing

Caroline Ellison is the third FTX executive to be sentenced.

Ex-Alameda CEO Caroline Ellison at the federal courthouse in Manhattan (Danny Nelson/CoinDesk)

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Videos

Could We Still See a Crypto Bill This Year?; FTX’s Accounting Firm to Pay SEC $1.95M in Settlements

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Rep. Patrick McHenry and Sen. Cynthia Lummis maintain their position that a chance remains for a crypto bill to clear Congress before the end of the year. Plus, FTX accounting firm Prager Metis agrees to pay $1.95 million in settlement to the SEC, and CFTC Chair Behnam speaks on the legal battle against Kalshi.

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Policy

FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations

The international accounting firm will pay $745,000 to settle the FTX-related allegations alone.

FTX Trading LLC auditor Prager Metis hosted a metaverse office launch party in Decentraland in October 2022. (Prager Metis)