Alleged FTX hacker asks for permission to attend Chuck E. Cheese
Robert Powell is accused of stealing $400M in crypto from FTX but would like to attend his girlfriend's sister's party at Chuck E. Cheese.
Read more (2 min) →14 stories, newest first
Robert Powell is accused of stealing $400M in crypto from FTX but would like to attend his girlfriend's sister's party at Chuck E. Cheese.
Read more (2 min) →Two FTX and Alameda Research executives have been sentenced to prison, two have their sentencings scheduled, and one has pleaded guilty.
— Bankman-Fried, FTX
Sam Bankman-Fried's mother, father, and brother reportedly helped advise on and manage the firm's finances, says the Wall Street Journal.
Despite efforts to distance itself from FTX, Jump had ties to the fraudulent empire that the CFTC might now be investigating.
FTX debtors hope to start a second phase of their investigation, this time focusing more on the hole in the balance sheet at FTX US.
Salame tried to convince trolls, influencers, and FTX customers that there was more to the FTX/Alameda collapse than met the eye.
Ryan Salame has been sentenced to 90 months in prison, vastly more than Changpeng Zhao and vastly less than Sam Bankman-Fried.
There’s little legal wiggle room for Bankman-Fried and while he may present specific arguments, the odds of them succeeding are pretty low.
Bankman-Fried's sentence comes after he was found guilty of wire fraud, conspiracy to commit fraud, and money laundering conspiracy.
Prosecutors have asked for a sentence of 40 to 50 years but attorneys working for Bankman-Fried have called such a timespan excessive.