FTX

Ever since the day Ross Ulbricht walked out of prison, a free man, Sam Bankman-Fried's parents believed that they could perform the same miracle for their son. According to a Bloomberg report, Bankman-Fried's parents have already met with lawyers and other figures close to President Donald Trump administration to beg for a possible clemency for their son.

FTX will begin repaying small creditors (claims under $50,000) in the Bahamas on February 18, 2025, with 9% annual interest on their claims. Creditors outside the Bahamas will receive their payouts starting by March 4, 2025.

Sam Bankman-Fried is appealing his fraud conviction, citing judicial bias and suppressed evidence. His defense claims FTX customers saw no losses due to profitable investments like Anthropic and challenges the $11 billion repayment order, arguing he has forfeited all assets. Is this damage control or a valid appeal?

After a 2-year wait, FTX is finally ready to repay its users. FTX will likely start repaying claims of up to $50,000 after Jan 20, according to Sunil, who is the spokesman who have vowed to represent all the creditors who have lost their money in the FTX scandal.

As his SEC term ends, Gary Gensler reiterates his criticism of crypto, stressing the need for strict regulation and citing 100 enforcement actions. Is this frustration or justified caution?

Ryan Salame, a former top executive at the failed cryptocurrency exchange FTX, who received a 7.5 years in prison sentencing could be coming out of prison a whole year early, according to Business Insider report.

Luigi Mangione, accused of murdering UnitedHealth CEO Brian Thompson, is now housed with other high-profile inmates like SBF and Diddy. Is this facility becoming a hub for the notorious?

Forbes has received three chapters of Sam Bankman-Fried's so-called memoir via email from his father Joe Bankman, who has gone through great lengths to hire a Forbes contributor to publish the contents of his son's diary.

Of the five indicted in the FTX case, three are in prison, one received time served, and now focus shifts to co-founder Gary Wang. Set for sentencing on 20 November, will he face a harsh penalty or leniency?

US prosecutors are now asking the courts for permission to recoup the crypto allegedly linked to the bribes paid to Chinese officials by FTX co-founder Sam Bankman-Fried.