FTX collapsed in November 2022. The lawyers said that the jury found SBF stole no less than $8 billion from FTX customers. Bankman-Fried, who was also ordered to forfeit $11 billion, plans to appeal his sentence and conviction. “If not for SBF’s crimes for which he was convicted—i.e., the theft and misuse of customer assets—the customers would have today owned their crypto investments,” the filing said.
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Key TakeawaysStrategy and Michael Saylor publicly endorsed the CLARITY Act.The Senate proposal divides crypto oversight between two regulators.The measure gained...
Bitcoin and Ethereum edged higher into July 31, while a small shift in market dominance suggested traders were again watching...
Since over $70 million in Bitcoin was stolen yesterday by an attack that exploited a fault in the Coldcard’s system,...
The FTX Recovery Trust will distribute approximately $900M to creditors on July 31, 2026, its fifth payout round, pushing total...
