FTX Settles $200M Tax Bill with IRS
FTX tentatively settles a $24 billion tax dispute with the IRS, pending court approval of its reorganization plan. FTX, a ...
Tag: FTX
FTX Settles $200M Tax Bill with IRS
FTX a cryptocurrency exchange filing for bankruptcy, reached a provisional agreement with the IRS to settle a $24 billion tax ...
Former FTX Exec Ryan Salame Gets 7.5 Years
Ryan Salame, a former executive at FTX, pleaded guilty to operating an unlicensed money transfer business and making illegal political ...
Phantom Wallet Soars in Apple App Store Utility Rankings
Phantom Wallet, a cryptocurrency wallet initially launched for Solana, is now the third-ranking utility app on the Apple App Store. ...
Crypto Firm Voyager Secures $484M to Repay Creditors
Voyager Digital has made impressive strides in compensating creditors post-bankruptcy. Voyager Digital has made significant progress in compensating creditors after ...
FTX Estate Sells Solana Tokens at Discount Amidst Dispute
The FTX estate, as reported by Bloomberg on April 5, sold 63% of its Solana tokens at a discount, generating ...
SBF’s Potential Sentence Reduction
Legal experts speculate that SBF could have his sentence reduced due to good behavior and potential appeals. SBF might be ...
US Government Seeks a Court Nod to Sell Private Jets Tied to SBF
US government is seeking court approval to sell two private jets linked to Sam Bankman-Fried (SBF) amid ongoing forfeiture proceedings. ...
Bankman-Fried’s Defense Pushes for Leniency Amid Conviction
Bankman-Fried is implicated in court papers revealing his efforts to repair his reputation following the collapse of FTX in 2022. ...
Prosecutors Seek $11B Fine, 40-50 Year Jail Term for SBF
Former CEO of FTX faces a potential 110-year prison sentence from prosecutors for various crimes including wire fraud. The former ...
Pantera Capital Targets Discounted Solana Tokens from FTX
Pantera Capital endeavors to purchase discounted Solana (SOL) tokens from the defunct cryptocurrency exchange FTX's estate by raising funds. In ...
FTX Cryptocurrency Pricing Issue: Fairness Under Scrutiny
FTX experienced a discrepancy in cryptocurrency asset pricing during it's claim window, with major assets, priced below their current market ...
Backpack Raises $17 Million in Series A Funding
Backpack, a cryptocurrency trading platform, recently secured $17 million in Series A funding led by Placeholder VC and other investors. ...
Sam Bankman-Fried’s Ordeal in Detention
Incarcerated ex-cop Carmine Simpson defends Sam Bankman-Fried's character, citing mistreatment and safety concerns. Sam Bankman-Fried (SBF), the former CEO of ...
SBF’s Surprising Solana Support from Prison
Despite legal battles, SBF's support for Solana raises questions about his ongoing involvement in cryptocurrencies. Sam Bankman-Fried (SBF), the former ...
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