FTX is a leading cryptocurrency exchange and trading platform known for its innovative products and features. Founded in 2017 by Sam Bankman-Fried and Gary Wang, FTX offers a wide range of trading options for bothshow more
The criminal trial of former FTX CEO Sam Bankman-Fried (SBF) is now underway in New York, and his legal team is taking measures to prevent testimony from users and investors of the cryptocurrency exchange.
The presiding judge has ruled that Sam Bankman-Fried, also known as SBF, is not allowed to place blame on the legal counsel of his company, FTX, during his opening statements.
According to the SEC, Prager Metis, an accounting company hired by the defunct cryptocurrency exchange FTX in 2021, violated auditor independence hundreds of times.
Given his young age and likely prison sentence, the federal court supervising Sam Bankman-Fried's fraud case reportedly said the former FTX CEO might be a flight risk.
FTX, a cryptocurrency exchange, has adjusted its plan to sell billions in crypto assets in an effort to address concerns raised by the U.S. Trustee, a branch of the Department of Justice, according to a
$400,000,000 worth of Shaquille O'Neal is under scrutiny as FTX is investigating the possibility of reclaiming millions of dollars from the Lakers' legendary figure.
Former FTX CEO Sam Bankman-Fried’s lawyers question whether he can prepare for trial, while prosecutors claim that his bail revocation appeal is meritless.
Lawyers representing Sam Bankman-Fried, the former CEO of FTX, have argued that the special arrangements provided by authorities were not substantial enough to adequately prepare him for his upcoming criminal trial scheduled for October.