Bankruptcy lawyers and other corporate turnaround specialists have reaped major fees from the bankruptcies of five cryptocurrency companies, including FTX.
Category: Virtual Currency
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Prosecutors Detail Evidence Against Sam Bankman-Fried
In a filing, prosecutors laid out the evidence they plan to use to convict the founder of the failed crypto exchange FTX, who faces trial in October.
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Letter to a Young Crypto Enthusiast (or the Merely Curious)
An ever-growing number of young people, males in particular, have bought cryptocurrencies. Here’s some advice, without the finger-wagging.
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Sam Bankman-Fried to Be Sent to Jail After Judge Revokes Bail
Mr. Bankman-Fried had been under house arrest at his parents’ home as he awaited trial on charges stemming from the collapse of his cryptocurrency company, FTX.
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Crypto’s Next Craze? Orbs That Scan Your Eyeballs.
Sam Altman, OpenAI’s chief executive, has started Worldcoin, a cryptocurrency project that aims to scan billions of human irises.
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Campaign Finance Charge Against Sam Bankman-Fried Is Dropped
The removal of the campaign finance charge is a victory for Mr. Bankman-Fried’s legal team, which had argued that the United States mishandled the process of extraditing him from the Bahamas.
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Crypto Industry Secures Early Victory in Legal Battle With Regulators
A judge ruled that the sale of the cryptocurrency XRP on public exchanges did not violate securities law.
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Founder of Bankrupt Crypto Firm Celsius Arrested on Fraud Charges
Alex Mashinsky was arrested at his home in New York on Thursday morning. He and his former firm also face lawsuits from the Securities and Exchange Commission and other regulators.
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How Tom Brady’s Crypto Ambitions Collided With Reality
The superstar quarterback is among the celebrities dealing with the fallout from the crypto crash. Others, like Taylor Swift, escaped.