Tag

FTX Collapse

Browsing
FTX
In Crypto News

FTX Releases First Report on FTX Collapse

FTX Trading Ltd. (d.b.a. FTX.com), and its affiliated debtors have released their first report, which identifies and discusses control failures by FTX Group’s previous management team in critical areas. The report is based on the Debtors’ review of terabytes of electronic data and communications, over a million documents, and interviews conducted with 19 former FTX Group employees, among other information. The Report Details Critical Control Failures The report highlights control failures by the previous management…

Read More
SBF
In Crypto News

SBF Pleads Not Guilty to New Charges in FTX Collapse Case

Sam Bateman Freed, the former crypto executive involved in the collapse of FTX and its sister hedge fund, Alameda, has pleaded not guilty to five new charges in New York federal court. The charges, which include bank fraud, money laundering, making unlawful political contributions, and bribing a foreign government, are in addition to the accusations already leveled against Freed. According to the U.S attorney’s office for the southern district of New York, Freed is accused…

Read More