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Dan Chen, director of FTX-linked Deltec, joins Gemini as CFO

Deltec International, the parent company of Deltec Bank, allegedly gave billions in credit to Alameda Research to facilitate its activities.

FTX dropped lawsuit against Allan Bankman and Barbara Fried

According to the filing, the lawsuits against Allan Bankman and Barbara Fried have been dismissed without prejudice.

On March 1, 11.2 million SOL will move from the FTX bankruptcy estate to claims buyers, including Galaxy Digital.

Five FTX and Alameda Research executives have now been sentenced, with only three of them expected to serve any time in prison.

Nishad Singh’s team has submitted his sentencing submission, arguing that he should avoid prison due to his extensive cooperation.