FTX Bankruptcy Estate Hits Out Over ‘Unauthorized’ Sale of FTX EU to Backpack Exchange Backpack, which announced its acquisition of the European arm of bankrupt exchange FTX on Monday, has not been authorized by FTX to make any distributions to any FTX customers or other creditors, the FTX bankruptcy estate said.

Nishad Singh, a Top FTX Executive, Is Given No Prison Time After Cooperation Mr. Singh, who was a top executive in Sam Bankman-Fried’s business empire, had pleaded guilty to fraud and campaign finance violations that contributed to the collapse of FTX.

Ryan Salame, FTX Executive, Gets Seven and a Half Year Prison Sentence Ryan Salame, the head of FTX’s subsidiary in the Bahamas, was the first of Sam Bankman-Fried’s deputies to be sentenced since the crypto exchange collapsed in November 2022.

A Year After FTX: The Lesson Europe Has Fixated On The company’s collapse a year ago sent shockwaves through the world of crypto, but it changed very little in the new EU crypto regulation. Brussels is more interested in the question of what the pseudonymous crypto-asset world is good for, says Dea Markova.

We’ve Seen the FTX Collapse Before

Celsius Winner Proof Group Is in Running to Relaunch FTX, Sources Say The Silicon Valley investment firm was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius.

Post-FTX, Bitcoin Is Ready for its Next Chapter

FTX and the Case for Web3 YIMBYism

Sam Bankman-Fried Testifies That He Made ‘Larger Mistakes’ at FTX Speaking in his own defense at his criminal trial, the FTX founder denied he had committed fraud but acknowledged missteps that hurt the cryptocurrency exchange’s customers.

What Happens to GBTC Discount When FTX Sells its Holdings? It’s possible the SEC could approve a spot ETF before any sales, taking discount worries off the table.

Where Is Crypto Policy Heading in a Post-FTX World? CoinDesk’s “State of Crypto” Week looks at the prospects for digital assets legislation and regulation in Washington D.C.

SBF Trial: What Did FTX’s Terms of Service Say About Customer Funds? A filing last week suggests Sam Bankman-Fried’s defense wants to get back to the argument that Bankman-Fried did not technically commit wire fraud because FTX’s terms of service were worded in such a way that there’s no case to argue funds were misappropriated.

Today the FTX jury suffered through a code review What did Gary Wang commit? | Photo Illustration by Cath Virginia / The VergeGary Wang supervised the code that gave Alameda special privileges at FTX. But it’s hard to conclude anyone but Sam Bankman-Fried gave the orders. Continue reading…

THORSwap Pauses Platform After Series of FTX Hack-Linked Trades A THORSwap developer said the team “stands firmly against any and all criminal actions” in a message to CoinDesk.

The Collapse of FTX, in Sam’s Own Words We may not know for weeks whether Sam Bankman-Fried will take the stand at his own trial. He may want the chance to explain himself to the jury, but his lawyers are surely wary of the withering cross-examination such a tactic would invite. No matter: the unconventional former crypto executive has already said – publicly – plenty about what went …

FTX ‘Hacker’ Moved 15K ETH This Weekend More than 15,000 ether (ETH) worth close to $26 million left a wallet associated with last year’s attack on FTX this weekend.

FTX’s Former Auditor Prager Metis Sued by SEC The regulator alleged in a court filing that the firm had entered into contracts with clients that violated auditor independence rules.

Stanford University Will Return ‘Gifts’ Donated by FTX: Report Stanford University will be returning “gifts” it received from FTX, allegedly orchestrated by Sam Bankman-Fried’s parents, according to a Bloomberg report.

Sam Bankman-Fried’s Parents Sued by FTX The lawyers overseeing the bankrupt cryptocurrency exchange accused Joe Bankman and Barbara Fried of enriching themselves with money their son stole from customers.

NFL Quarterback Trevor Lawrence and Two YouTube Influencers Settle FTX Case Three celebrity promoters of the failed FTX cryptocurrency exchange have opted to settle a case which alleged they helped dupe investors.