Bitcoin24h $88,042.00-0.51%

Ethereum24h $2,976.87-0.50%

BNB24h $858.33+0.32%

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Solana24h $124.92-0.61%

TRON24h $0.2845-1.32%

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Bitcoin Cash24h $588.53+0.76%

Chainlink24h $12.45+0.45%

‘Soak my Deck’ captain Sam Trabucco sails in for Ryan Salame

Sam Trabucco, one of the only FTX executives not criminally charged, wrote a character reference letter for his best friend, Ryan Salame.

Sam Bankman-Fried sentenced to 25 years in prison

Bankman-Fried’s sentence comes after he was found guilty of wire fraud, conspiracy to commit fraud, and money laundering conspiracy.

A report claims that debtors-in-possession of FTX and Alameda Research have sold all its GBTC in the ongoing bankruptcy.

Several crypto firms including Alameda Research, Blockfolio, Celsius, and Voyager received PPP loans during the pandemic.

Cumberland is the largest Tether client to not declare bankruptcy, and is an important market-maker, OTC desk, and venture firm.