FTX | ForkLog - Part 14

ForkLog 14 21.07.2023

US DOJ accuses SBF of supplying media with material from Caroline Ellison’s diary

Former FTX chief Sam Bankman-Fried (SBF) may have been involved in providing journalists with personal diary entries of former Alameda Research CEO Caroline Ellison. The U.S. Department of Justice says this was an attempt to discredit her in court.

AI translated

ForkLog 16 21.07.2023

Do Kwon lawyers describe UST collapse as an FTX-assisted attack

“A coordinated short-selling attack” involving FTX led to the depeg of Terraform Labs (TFL)'s algorithmic stablecoin UST. This is described in the organisation's lawyers' motion.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 9 21.07.2023

Former Alameda chief knew of a multi-billion-dollar deficit long before the FTX collapse

In March 2022, former Alameda Research CEO Caroline Ellison said in a memo about a $10 billion deficit at FTX, which collapsed in November.

AI translated

ForkLog 10 21.07.2023

SBF’s brother planned to buy the nation of Nauru with FTX customer funds

Gabriel Bankman-Fried, the younger brother of former FTX CEO Sam Bankman-Fried (SBF), planned to acquire the nation of Nauru using platform customer funds.

AI translated

ForkLog 10 20.07.2023

FTX seeks $71 million return from its charitable divisions

The leadership of the collapsed FTX is seeking to recover about $71 million from the charitable and biomedical divisions of the company.

AI translated

ForkLog 14 19.07.2023

Australian regulator annuls FTX license

The Australian Securities and Investments Commission (ASIC) has annulled the AFSL license of the local arm of the collapsed cryptocurrency exchange FTX.

AI translated

ForkLog 11 05.07.2023

Mark Cuban Sparred with Former SEC Lawyer over Causes of FTX’s Collapse

Billionaire Mark Cuban believes that the U.S. Securities and Exchange Commission could have saved American customers from FTX if it had adopted a Japanese approach to regulating cryptocurrencies. Former agency lawyer John Reed Stark disagreed.

AI translated

ForkLog 10 28.06.2023

Judge Denies Motion to Dismiss Most Charges Against SBF

Federal judge denied the motion to dismiss most charges against FTX co-founder Sam Bankman-Fried (SBF).

AI translated

ForkLog 12 27.06.2023

Sam Bankman-Fried Spent $243 Million on Bahamian Villas

The former CEO of the bankrupt FTX, Sam Bankman-Fried, spent more than $243 million on Bahamas real estate for employees, friends and their families.

AI translated

ForkLog 7 27.06.2023

New FTX leadership has returned $7 billion in liquid assets

The current FTX management team said it had made “significant progress” in safeguarding client funds and, to date, had returned liquid assets totaling around $7 billion.

AI translated

ForkLog 10 23.06.2023

FTX sues Bankman-Fried’s friends to recover $700 million

The bankruptcy proceedings cryptocurrency exchange FTX filed a lawsuit against partners of former CEO Sam Bankman-Fried (SBF) and related firms, demanding the return of $700 million in investments.

AI translated

ForkLog 8 20.06.2023

FTX paid over $120 million in advisor fees between February 1 and April 30

Between February 1 and April 30, the collapsed exchange FTX spent $121.8 million on consulting and financial services.

AI translated

#FTX