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UNBELIEVABLE: 4 | History Defined

FTX co-founder avoids prison time

Wang, co-founder of FTX, was the first person to cooperate after the firm collapsed in 2022.

Salon

FTX Co-Founder Sentenced With No Prison Time For Cooperation

FTX co-founder Gary Wang avoids prison time for aiding in cryptocurrency fraud case against Sam Bankman-Fried.

Top News

FTX co-founder gets no prison time after cooperating in case against Sam Bankman-Fried

An apologetic FTX co-founder has been sentenced to no time in prison after a prosecutor and a judge praised his cooperation against Sam Bankman-Fried and his efforts to recover money for victims of the cryptocurrency fraud

The Independent UK

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Bankrupt and disgraced FTX sues Binance for $1.8 billion in bare-knuckle crypto feud

Imprisoned crypto king Sam Bankman-Fried is now accused of yet even more wrongdoing, this time by the defunct exchange he founded.

The Independent UK

US Seeks Recovery Of Millions In Crypto Linked To SBF's Alleged Chinese Officials Bribe

The U.S. has filed a legal complaint to recoup over $17 million in various cryptocurrencies linked to Sam Bankman-Fried's alleged bribery of Chinese officials in 2021.

International Business Times

Lena Dunham to write Sam Bankman-Fried movie for Apple

The Girls creator is set to adapt Michael Lewis’s bestselling 2023 book on the controversial FTX founder

The Guardian - US

FTX sues Binance and former CEO Zhao for $1.8 billion received as part of a “fraudulent” share deal

The lawsuit alleges that Bankman-Fried bought out Binance while knowing his firms were insolvent.

Fortune

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Bitcoin breaks $83,000 for first time on Trump trades; UK government sells £1bn of NatWest shares – as it happened

Cryptocurrency more than doubles since January on hopes of lighter regulation; latest share sale takes UK Treasury’s holding in NatWest to 11.4%

The Guardian - UK

Caroline Ellison begins 2-year sentence for her role in Bankman-Fried's FTX fraud

A former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire has begun her two-year prison sentence

The Independent UK

US Government-Linked Wallet Converts Seized Alameda $ANT To $ETH Ahead Of AragonDAO Deadline

The digital wallet that held cryptocurrencies seized from collapsed Alameda Research has converted its $ANT tokens into $ETH, two days shy of the deadline set by AragonDAO for token redemption.

International Business Times

Ex-FTX executive spared prison sentence after cooperating against Sam Bankman-Fried

An ex-FTX executive who testified against the cryptocurrency firm's founder at his trial last year has been spared a prison sentence

The Independent UK

Former FTX Executive Spared Prison Sentence For Cooperation

Former FTX executive Nishad Singh spared prison sentence for cooperating in fraud case. His testimony helped uncover crimes and led to charges against others.

Top News

What is cryptocurrency, how does it work – and what’s the point?

The PA news agency explains the basics behind one of the buzziest – but worst understood – areas of the financial world.

The Independent UK

Jane Street Capital: the trader paying its interns more than Keir Starmer

Secretive firm that has grown to rival Goldman Sachs is revealed to reward lowliest recruits with $250,000 salary

The Guardian - UK

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International Business Times UK

Who Is Ryan Salame? US Tech CEO Announces New Position On LinkedIn: Prison Inmate

Former FTX Digital Markets CEO Ryan Salame, known for his role in the collapse of the cryptocurrency exchange, has ironically announced his new position as a prison inmate on LinkedIn after being sentenced to seven and a half years for illegal political contributions and financial misconduct.

Latin Times

Convicted Crypto Executive Brags on LinkedIn About New Position as Prison Inmate

Ryan Salame, former co-CEO of FTX Digital Markets, has announced his new role as an inmate on LinkedIn ahead of a 7.5-year prison sentence.

Fortune

Former FTX lieutenant Ryan Salame updated his LinkedIn for his new role—federal inmate

Unlike Sam Bankman-Fried’s other deputies, Salame did not cooperate with prosecutors.

Fortune

Convicted FTX exec announces his ‘new role’ at Maryland prison on LinkedIn

Ryan Salame announced he was moving on from the fraudulent crypto exchange to his next challenge at a Maryland federal penitentiary.

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International Business Times

Judge OKs FTX Estate's Bankruptcy Plan – What's Next?

FTX is now clear to begin implementing its bankruptcy plan, which includes the expected full repayment of customers and creditors with up to $16.5 billion in recovered assets.

Fortune

Sean 'Diddy' Combs hires his jail mate Sam Bankman-Fried’s lawyer

Alexandra Shapiro is reportedly representing both Sam Bankman-Fried and Sean "Diddy" Combs.

The Guardian - UK

Digested week: sausage surrealism and a bowlful of Doom Loops

Plus, a Brooklyn prison odd-couple comedy, an accent challenge for two Australians, and alpaca cuts hit the US

International Business Times

Bull Run Next? Crypto Community Prepares To Welcome Binance's CZ From Prison

The crypto community is preparing to receive Binance co-founder Changpeng Zhao back to the digital assets space as he is set to be released from prison on Sunday.

Top News

Former FTX Executives Sentenced In Cryptocurrency Fraud Case

Former FTX executive sentenced to prison for fraud, aiding in conviction of founder. Case highlights cryptocurrency industry complexities and commitment to...

Al Jazeera

Former FTX executive Caroline Ellison sentenced to two years for fraud

The former CEO of Alameda Research served as a key prosecution witness against FTX founder Sam Bankman-Fried.

International Business Times

Fraudster Sam Bankman-Fried's Former Girlfriend Sentenced In $11B FTX Collapse

'Not a day goes by that I don't think about all of the people I hurt,' Caroline Ellison told a federal judge in New York City

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