[ad_1] According to court documents filed in New York on Jan. 29, Attestor, through a wholly-owned subsidiary called Svalbard Holdings Limited, made an agreement with a Panamanian company, Lemma Technologies, to purchase the accounts – worth a combined $166 million at the time of FTX’s collapse – in June 2023, after placing the highest bid at … Read more
[ad_1] Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, … Read more
[ad_1] Adam Cochran, a partner and professor, is bullish about OP, the native token of Optimism, the layer-2 scaling solution for Ethereum. Taking to X, Cochran is convinced OP is undervalued, pointing to the significance of Coinbase and the brand it has created over the years as a crypto exchange and investor in multiple products. In 2023, … Read more
[ad_1] Former FTX boss Sam Bankman-Fried (SBF), found guilty of fraud last year and due to be sentenced next month, has asked the court for a ‘just’ sentence of 63 to 78 months, according to a court filing submitted Tuesday. [ad_2] Source link
[ad_1] In January 2024, the FTX estate said it expects to fully repay its customers. Sam Bankman-Fried, the former FTX boss, is due to be sentenced next month after being found guilty of fraud last year, with his prison duration expected to be hotly contested. [ad_2] Source link
[ad_1] Tyr investor TGT has brought claims against the hedge fund that it ignored several warnings over its ties with FTX. [ad_2] Source link