Probe finds Effective Ventures charity acted ‘diligently’ after FTX collapse
A government inquiry concluded that the FTX-backed charity acted ‘quickly’ and ‘diligently' after excluding FTX-linked trustees.
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A government inquiry concluded that the FTX-backed charity acted ‘quickly’ and ‘diligently' after excluding FTX-linked trustees.
Sam Trabucco, one of the only FTX executives not criminally charged, wrote a character reference letter for his best friend, Ryan Salame.
FTX debtors have announced a new plan that would allow nearly all claimants a complete recovery, but some are still frustrated.
— FTX, Patrick Gruhn
Former FTX exec Patrick Gruhn paid $1.5 million for the watch worn by John Jacob Astor IV during the sinking of the RMS Titanic in April 1912.
MNGO tokens purchased from the FTX estate have voted in favor of governance proposals to use the Mango Treasury to repurchase MNGO.
Yuga Labs has apparently been directing royalty payments from its NFT collections to a deposit address associated with bankrupt FTX US.
There’s little legal wiggle room for Bankman-Fried and while he may present specific arguments, the odds of them succeeding are pretty low.
The FTX-linked charity Effective Ventures, which previously returned $26.8 million in donations to FTX, will reportedly shut down by 2025.
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.