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MNGO from FTX estate vote for Mango Markets buyback proposal

MNGO tokens purchased from the FTX estate have voted in favor of governance proposals to use the Mango Treasury to repurchase MNGO.

Yuga Labs directs royalties to bankrupt FTX US

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.