FTX

IRS Files Claims Worth $44B Against FTX Bankruptcy
The U.S. Internal Revenue Service (IRS) has filed claims worth nearly $44 billion against the estate of Sam Bankman-Fried's bankrupt crypto exchange FTX and its affiliated entities. The largest claims include a $20.4 billion and a $7.9 billion claim against Alameda Research LLC and two claims totaling $9.5 billion against Alameda Research Holdings Inc. CoinDesk's Managing Editor for Global Policy and Regulation Nikhilesh De shares the latest developments.

U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy
The largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes.

Rep. French Hill Addresses Significance of 'Functional Framework' for Crypto in the U.S.
Rep. French Hill (R-Ark.), chair of the House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion, recognizes crypto regulation as a bipartisan pursuit and addresses the significance of creating a "functional framework" for digital assets in the U.S. after the FTX implosion.

Sam Bankman-Fried Files Pretrial Motions to Dismiss Most Criminal Charges Against Him
FTX founder Sam Bankman-Fried filed pretrial motions to dismiss a majority of the charges he faces late Monday. CoinDesk's Global Policy and Regulation Managing Editor Nikhilesh De discusses the road ahead for Bankman-Fried's legal battle.

Why Author Brady Dale Is 'Drowning' in Sam Bankman-Fried
Before his business collapsed, FTX founder Sam Bankman-Fried built one of the cryptocurrency industry's largest exchanges and personal brands by dazzling the media, public and politicians. Axios reporter Brady Dale argues SBF's addiction to fame led to his notoriety.

FTX's Sam Bankman-Fried Moves to Dismiss Most Criminal Charges Against Him
Bankman-Fried did not move to dismiss charges tied to securities fraud or money laundering.

First Book on FTX and SBF's Implosion Published
Veteran crypto journalist and former CoinDesker Brady Dale has published a new book on FTX founder Sam Bankman-Fried's downfall and the longevity of decentralized finance (DeFi). Dale joins "The Hash" to share insights into his book and the lessons learned from FTX's collapse.

State of Crypto VC Funding in 2023 in Wake of FTX Fallout
Kavita Gupta, Delta Blockchain Fund founder and GP, reacts to a recent report from Galaxy Digital, which notes that in the first quarter of 2023, venture capitalists invested $2.4 billion into crypto-focused startups and protocols, the lowest level in roughly two years. Gupta said, "after the big bubble..crypto VCs are being much smarter about where the money is going." Plus, Gupta explains why she thinks "it's a very smart time to invest."

Solana Labs CEO: Wasn't Sure the Ecosystem Would Survive After FTX
Former FTX CEO Sam Bankman-Fried was a big supporter of Solana, previously investing in its native token SOL. Solana Labs CEO and co-founder Anatoly Yakovenko weighs in on FTX's "outsized" influence on the ecosystem and what its collapse meant for Solana.

FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case
There will be a hearing on May 25 to discuss the motion by the FTX estate.

