Battle Over ‘Sam Coins’: FTX Customers Demand Millions From Bankrupt Crypto Firm | Bitcoinist.com

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Crypto, Crypto Exchange FTX, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, FTT news, FTT price, FTT Token, FTT:USD, FTTUDST, FTX, FTX aftermath, FTX bankruptcy, FTX claims, FTX co-founder, FTX creditors, FTX crypto, FTX news, Sam Bankman-Fried, Sam Bankman-Fried defense, Sam Bankman-Fried news

FTX customers are demanding substantial payouts from the bankrupt crypto firm. These customers claim three digital tokens, known as “Sam Coins,” deserve a higher value despite their association with convicted co-founder Sam Bankman-Fried. Investors Push For Higher Valuation According to a Bloomberg report, the investors holding tokens called Serum, MAPS, and OXY are urging US […]

Sam Bankman-Fried Cites Autism Disorder As Reason To Avoid 100 Years In Prison | Bitcoinist.com

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Crypto, Crypto News, Crypto regulation, cryptocurrencies, Cryptocurrency, DeFi, FTT, FTT news, FTT price, FTT Token, FTT:USD, FTTUSDT, FTX, FTX CEO, FTX CEO arrest, FTX Collapse news, FTX Sam Bankman-Fried, Sam Bankman-Fried, Sam Bankman-Fried charges, Sam Bankman-Fried court, Sam Bankman-Fried defense, Sam Bankman-Fried jail, Sam Bankman-Fried news

In a high-profile case that has garnered considerable attention, Sam Bankman-Fried, the disgraced CEO of the now-bankrupt FTX crypto exchange, is seeking a lighter sentence, citing his autism spectrum disorder. Bankman-Fried’s lawyers argue that his condition makes him “uniquely vulnerable” in a prison environment and should result in a reduced sentence of five to six […]

Sam Bankman-Fried’s Lawyers Propose Sentencing Limit For $8 Billion FTX Fraud | Bitcoinist.com

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FTT, FTT Token, FTX, FTX lawyers, FTX news, FTX Sam Bankman-Fried, Sam Bankman-Fried, Sam Bankman-Fried fraud, Sam Bankman-Fried FTX, Sam Bankman-Fried news, Sam Bankman-Fried prison

The lawyers of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), have proposed to the court how many years their client should spend in prison. As part of the argument, the legal experts explained why SBF should not get the statutory maximum sentence of over 100 years.   According to the court […]

FTX Digital Markets Secure Global Settlement: Positive Outcome For Customers? | Bitcoinist.com

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Crypto, Crypto Exchange FTX, Crypto News, Cryptocurrency, DeFi, digital currency, FTT, FTT news, FTT price, FTT Token, FTT Token news, FTTUDST, FTX, FTX aftermath, FTX assets, FTX auditor, FTX bankruptcy, FTX CEO, FTX claims, FTX Collapse news, FTX creditors, FTX crypto, FTX crypto exchange, FTX customers, FTX news

In a significant development, FTX Debtors and FTX Digital Markets have announced a global settlement agreement with the Joint Official Liquidators (JOLs) representing FTX Digital Markets.  The settlement, subject to court approvals, addresses the complex legal challenges arising from the collapse of the FTX group and proposes a mutually beneficial solution. Consensual Resolution Achieved The […]

FTX Fraud: Mercedes F1 Team And Major League Baseball Indicted In New Lawsuit | Bitcoinist.com

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Crypto, crypto exchange, Crypto Fraud, crypto lawsuit, Crypto News, Exchange news, fraud, Fraud news, FTT, FTT Token, FTX, FTX crypto exchange, FTX customers, FTX exchange, FTX fraud, FTX Lawsuit, FTX news

In addition to a long list of court filings, FTX investors have filed a new lawsuit against the Mercedes F1 team and Major League Baseball, accusing them of aiding the exchange’s fraud schemes by promoting the exchange’s brand and logo. FTX Investors Sue Crypto Exchange Promoters A group of FTX users recently filed a twin […]

Are Crypto Traders Dumping BNB For FTX’s FTT? Here’s What The Data Says | Bitcoinist.com

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Binance, Binance CEO, binance exchange, Binance news, BNB, BNB news, bnbusd, bnbusdt, FTT, FTT news, FTT Token, FTX, FTX news

On Tuesday, November 21, the BNB price faced adverse headwinds following the announcement that Changpeng Zhao, the founder Binance crypto exchange, was stepping down from his role as CEO. This move triggered a crash in the price of BNB, the native token of the exchange. However, around the same time, there was a noticeable increase […]

Sam Bankman-Fried’s Defense Breaks Down: Testifies To Issues Within FTX | Bitcoinist.com

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Crypto, Crypto News, FTT news, FTT Token, FTX, FTX news, FTX Sam Bankman-Fried, Sam Bankman-Fried, Sam Bankman-Fried defense, Sam Bankman-Fried FTX, Sam Bankman-Fried news, Sam Bankman-Fried prison, Sam Bankman-Fried testimony, Sam Bankman-Fried trial

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), continued on October 31, with the prosecution cross-examining the defendant. Despite the line of questioning from the prosecutor, SBF managed to spin his narrative on what went on at the crypto exchange. However, it remains to be seen if this […]

FTX Founder Sam Bankman-Fried Accused Of Inducing Criminal Behavior By Caroline Ellison | Bitcoinist.com

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Alameda employee, Alameda news, Alameda Research, Binance, Caroline Ellison, FTT Token, FTTUSDT, FTX, FTX bankruptcy, FTX CEO, FTX CEO arrest, FTX co-founder, FTX Collapse news, FTX customers, FTX Sam Bankman-Fried, Sam Bankman-Fried, Sam Bankman-Fried news, Sam Bankman-Fried parents, Sam Bankman-Fried trial

The trial of Sam Bankman-Fried (SBF), the founder of FTX, has entered its second week, with key witnesses closely associated with the bankrupt exchange testifying against him in court.  Today, Caroline Ellison, Bankman-Fried’s ex-girlfriend and former head of Alameda Research, FTX’s trading arm, brought serious allegations in the courtroom.  Trial Reveals FTX-Alameda Connection In Fund […]

FTX’s Sam Bankman-Fried Trial Schedule Released: Here Are The Important Dates To Note | Bitcoinist.com

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Court news, FTT, FTT Token, FTX, FTX CEO, FTX Collapse, FTX founder, FTX news, FTX Sam Bankman-Fried, Sam Bankman-Fried, Sam Bankman-Fried FTX, Sam Bankman-Fried news, Sam Bankman-Fried trial

The trial of the former CEO of defunct crypto exchange FTX Sam Bankman-Fried (SBF) has taken full shape with just less than a week before it commences. In preparation, the court has released the trial calendar, which shows how long the case is expected to last.  A Close Look At The Calendar According to the […]