The firm’s chief executive, David Solomon, has given the task of determining which divisions will be affected to a chief lieutenant.
Category: HK FTX Trading Ltd (Futures Exchange)
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New York Attorney General Sues Founder of Collapsed Crypto Bank
New York Attorney General Letitia James accused the founder of Celsius Network, Alex Mashinsky, of a scheme to defraud hundreds of thousands of investors.
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Tesla Investors Fear for a Tough 2023
A huge sell-off wiped billions of dollars from the electric carmaker’s market capitalization on Tuesday. Analysts see more trouble ahead.
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In the Bahamas, a Lingering Sympathy for Sam Bankman-Fried
Residents there have a generous view of the disgraced FTX founder, who has been accused of misusing billions of dollars in customer funds.
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How Did Sam Bankman-Fried Make His $250 Million Bail?
Though Mr. Bankman-Fried was not required to pay $250 million, the large amount of the bond in this high-profile case has raised questions about the federal bail process.
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Crypto Mogul Sam Bankman-Fried’s ‘Epic’ Legal Battle
The disgraced crypto entrpreneur was freed on $250 million bond, but is due back in court in early January on federal fraud charges.
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Even After FTX, S.E.C. Chair Sees No Need for New Crypto Laws
The Securities and Exchange Commission chair, Gary Gensler, said existing rules were adequate but warned crypto issuers and exchanges on compliance.
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FTX Co-Founder Sam Bankman-Fried to Be Released on $250 Million Bond
The disgraced cryptocurrency executive appeared in court in Manhattan after his extradition from the Bahamas last night. He was granted bail and will live with his parents in California.
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Sam Bankman-Fried, FTX’s Co-Founder, Is Increasingly Alone
Decisions by two senior associates to cooperate with government prosecutors raise the legal heat on the fallen crypto mogul.
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Two Executives in Sam Bankman-Fried’s Crypto Empire Plead Guilty to Fraud
Caroline Ellison, the former chief executive of Alameda Research, and Gary Wang, a founder of FTX, are cooperating in the federal criminal case against Mr. Bankman-Fried.
