In recent developments, twenty FTX victims are suing Fenwick & West, claiming the law firm didn’t just represent FTX, it helped build the infrastructure that kept the fraud running. Looking…
In recent developments, the FTX estate sold its Cursor stake for $200K in 2023, now worth $3B after a SpaceX-linked valuation surge, raising questions about bankruptcy asset sales. Looking closer,…
In recent developments, fTX’s bankruptcy estate sold Alameda Research’s early stake in Anysphere, the startup behind AI code editor Cursor, for $200,000 in 2023. SpaceX announced a $60 billion option…
In recent developments, singh faced legal action from the SEC, CFTC and US Department of Justice after FTX collapsed in November 2022 but avoided significant prison time by cooperating with…
In recent developments, court order finalizes CFTC case against a former FTX engineering chief, enforcing financial penalties and long-term bans while underscoring how cooperation can shape outcomes in major crypto…
In recent developments, fTX is set to begin a $2.2 billion creditor payout on March 31 while separately scheduling its first preferred equity payments for May 29, as multiple claim…
In recent developments, former-FTX US president Brett Harrison’s Architect Financial Technologies secured $35 million to build an institutional trading platform spanning crypto, equities, and futures. Looking closer, market participants highlight…
In recent developments, the SEC proposed settlement agreements for key members of FTX co-founder and former CEO Sam Bankman-Fried’s inner circle. Looking closer, market participants highlight key drivers such as…
In recent developments, more than 46,000 claimants could potentially receive a payout from a court-approved settlement involving the FTX-tied Silvergate Bank, which shuttered in 2023. Looking closer, market participants highlight…
In recent developments, one of the US attorneys behind the prosecution of former FTX executives testified as part of an evidentiary hearing exploring one of their plea deals. Looking closer,…
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