CFTC bags record $17B in 2024 thanks to massive crypto enforcement
The US commodities regulator recovered $12.7 billion in the FTX case, which was the “largest recovery for victims and sanctions in CFTC history.” Go to Source
Sam Bankman-Fried
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FTX co-founder Gary Wang sentenced to time served
Wang was the final FTX executive awaiting sentencing over the 2022 exchange collapse and subsequent fraud charges. Go to Source
US gov’t points to Gary Wang’s ‘outstanding cooperation’ in FTX case
Prosecutors suggested that the FTX co-founder would be better able to develop a tool to detect “potential illegal activity” in crypto markets if sentenced to time served. Go to Source
Sam Bankman-Fried Movie in the Works Based on Michael Lewis’s FTX Book
Apple and A24 are in the early stages of developing a film adaptation of Michael Lewis’s book “Going Infinite: The Rise and Fall of a New Tycoon,” with Lena Dunham attached to write the script, Variety has reported. The film will co-develop and co-produce by Apple Studios and A24, exploring the dramatic rise and fall … Read more
Hollywood is planning a Sam Bankman-Fried movie based on Going Infinite
Apple Studios and A24 are reportedly planning to adapt Michael Lewis’ book on the rise and fall of the former FTX CEO into a feature film. Go to Source
FTX filed for bankruptcy 2 years ago — What’s happening now?
The exchange’s creditors haven’t been made whole despite a judge approving a plan, and sentencing for former executives is nearing an end. Go to Source
FTX bankruptcy estate sues Anthony Scaramucci and SkyBridge Capital
FTX and Alameda Research collapsed in November 2022, causing approximately $8 billion in losses to customers of the now-bankrupt exchange. Go to Source
FTX co-founder and key witness Gary Wang asks judge for no jail time
Gary Wang, one of Sam Bankman-Fried’s longtime friends and a key witness at his trial, is set to be sentenced on Nov. 20. Go to Source
Convicted FTX executive Ryan Salame is officially in prison custody
During a recent appearance on Tucker Carlson’s podcast, Salame claimed federal prosecutors unfairly targeted him for political reasons. Go to Source
FTX Token spikes 70% amid looming bankruptcy distributions
The native token of the bankrupt crypto exchange FTX has seen sharp bullish action amid looming bankruptcy distributions. Go to Source
