FTX

FTX

Videos

Gemini Sued by Investors Over Interest-Earning Program: Court Filing

Crypto exchange Gemini is being sued by investors over the sale of its interest-earning crypto products. The filing says Gemini abruptly halted the program around Nov. 16 after crypto exchange FTX filed for bankruptcy and contagion from its fall caused a liquidity crisis at Genesis Trading, which functioned as Gemini's borrower. Genesis is owned by Digital Currency Group, which is also the parent of CoinDesk.

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Opinion

Why Solana Was Decimated by Bankman-Fried’s Downfall

The blockchain heavily tied to the disgraced founder of FTX has been badly wounded by his unmasking. Here are the headwinds facing the formerly hot project and its SOL token.

(John Towner/Unsplash)

Finance

Usuarios de FTX piden prioridad de reembolso en procedimiento de quiebra

La demanda colectiva acusa a los directivos del exchange de criptomonedas en quiebra de malversar intencionalmente los fondos de clientes para financiar estrategias de riesgo y sus lujosos estilos de vida.

FTX founder and former CEO Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Finance

FTX Users Sue for Priority Repayment and Damages in Bankruptcy Proceedings

The class-action lawsuit accuses the bankrupt crypto exchange's executives of intentionally misappropriating customer funds to fund risky strategies and their lavish lifestyles.

FTX founder and former CEO Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Videos

New Judge Assigned in Sam Bankman-Fried Case; DOJ Launches Criminal Probe Into $400M FTX Hack: Report

U.S. District Judge Lewis Kaplan has been assigned to preside over the fraud case against former FTX CEO Sam Bankman-Fried. Meanwhile, Bloomberg reports the U.S. Department of Justice has launched a criminal probe into the alleged hack that drained nearly $400 million out of FTX-controlled wallets the night the Bahamas-based exchange filed for bankruptcy.

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Videos

Crypto Twitter Reacts to NYT Article About Sam Bankman-Fried

"The Hash" panel discusses how Twitter users are reacting to a new article from the The New York Times about how residents in The Bahamas have "lingering sympathy" for former FTX CEO Sam Bankman-Fried. "The Hash" team also dives into the role of the media in the wake of FTX's downfall.

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Videos

Court Documents Show Sam Bankman-Fried Borrowed From Alameda to Buy Robinhood Shares

Former FTX CEO Sam Bankman-Fried borrowed from Alameda Research to purchase 56 million shares of Robinhood Markets Inc., according to court documents. This comes as ex-Alameda Research CEO Caroline Ellison has reportedly apologized for her role in FTX's collapse. "The Hash" panel discusses the latest in the fall of Sam Bankman-Fried's crypto empire.

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Policy

Justice Department Launches Criminal Probe Into $400M FTX Hack: Bloomberg

Experts have suggested the digital fingerprints left by the alleged hacker points to an inside job.

(Shutterstock)

Policy

FTX's Sam Bankman-Fried Borrowed From Alameda to Buy Robinhood Shares

Alameda took out a loan pledging those same shares as collateral.

Extradición a Estados Unidos del fundador de FTX, Sam Bankman-Fried, desde las Bahamas. (Real Fuerza de Policía de Bahamas)

Videos

Legal Expert on Crypto Regulation Outlook in 2023

Akin Gump Partner Ian McGinley shares his crypto regulatory outlook for 2023, following the fallout from FTX's implosion. "You can expect a lot of enforcement in this area," he said. Plus, what to expect from Sam Bankman-Fried's next court appearance on Jan. 3.

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