4 results
- 13 Dec 2022
How Bankman-Fried, Former FTX CEO was Arrested in Bahamas after U.S. Files Charges
FTX founder, Sam Bankman-Fried was arrested in the Bahamas at the behest of U.S. prosecutors on Monday, December 12, the day before he was to testify before Congress about the sudden failure last…
- 23 Jun 2022
BlockFi Secures $250 Million Line of Credit from FTX
BlockFi announced a $250M line of credit from FTX, just a day after FTX CEO Sam Bankman-Fried said the exchange would bail out other firms. Crypto lender BlockFi has secured a $250 million revolving…
- 30 Apr 2024
Binance Crypto Boss Changpeng Zhao Sentenced to 4 Months in Prison
Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US money-laundering laws at the world’s largest…
- 14 Nov 2022
The Collapse of FTX
By Oluseyi Akindeinde FTX recently valued at $32 billion dollars, has filed for Chapter 11 bankruptcy protection in the US. The filing in Delaware federal court on Friday 11th November, 2022 included…