FTX
Sam Bankman-Fried Now in FBI Custody, Will Appear in Court 'as Soon as Possible'
FTX founder Sam Bankman-Fried is now in FBI custody facing both civil and criminal charges. Meanwhile, the SEC has charged former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang with defrauding FTX customers. Barhoma Law founder Matthew Barhoma discusses the latest legal considerations of FTX's bankruptcy and the potential road ahead.
FTX Creditors Hire Law Firm Paul Hastings as Representation
Paul Hastings beat out multiple law firms that pitched to lead legal work in the bankruptcy proceedings, the Wall Street Journal said.
FTX's Blockfolio Stake Was Paid for Mostly in FTT: Bloomberg
Around 94% of the $84 million FTX paid for its majority stake in Blockfolio was in the FTT token it invented.
Caroline Ellison Plea Agreement: $250,000 Bail, Surrender of Travel Documents, Forfeiture of Assets
The plea agreement would waive Ellison of any charges except criminal tax violations, provided she fully cooperates with U.S. Attorney's office.
SEC Calls FTT Exchange Token a Security
The complaint against Alameda's Caroline Ellison and FTX's Gary Wang contains allegations that FTX's exchange token, FTT, constitutes an investment contract.
Sam Bankman-Fried Is Being Extradited Wednesday, Bahamas Attorney General Says
FTX CEO was arrested earlier this month.
Sam Bankman-Fried to Be Extradited to the US
FTX founder Sam Bankman-Fried's request to be extradited to the U.S. was eventually granted during the most recent hearing on Wednesday. He could arrive as early as Wednesday afternoon, where he would be arraigned in New York's Federal District Court in Manhattan. CoinDesk Regulatory Reporter Cheyenne Ligon discusses the latest developments in FTX's bankruptcy.
Swan Bitcoin CEO on This Year's Biggest Bitcoin Developments, SBF Extradition
Swan Bitcoin CEO Cory Klippsten highlights the 10 biggest developments for Bitcoin this year. Plus, his reaction to FTX founder Sam Bankman-Fried being extradited from the Bahamas to New York to face federal fraud charges, and his take on renewed crypto contagion concerns.
Sam Bankman-Fried to be Extradited to the US
The former CEO of collapsed crypto exchange FTX could arrive in New York to face charges as early as Wednesday afternoon.
