Bitcoin24h $90,446.41-2.07%

Ethereum24h $3,120.91-3.59%

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Hyperliquid24h $28.75-2.67%

Ryan Salame gets longer prison sentence than CZ

Ryan Salame has been sentenced to 90 months in prison, vastly more than Changpeng Zhao and vastly less than Sam Bankman-Fried.

Bitcoin is worth $69,000 — unless you’re an FTX creditor

FTX’s bankruptcy estate has been holding customers’ bitcoin that has quadrupled, yet it will only repay about $16,871 per coin.

The FTX examiner report highlights the people who knew about the firm’s impropriety before it and Alameda Research collapsed.

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.