The extent of losses faced by investors remains unknown so far.
had been modified to sell off all Alameda Research assets in case the former filed for bankruptcy. Later it also became known that under the instructions of SBF, executives at FTX were actively hiding liabilities under fake accounts. As much as $8 billion in Alameda's liabilities were hidden in an account referred to by SBF as "our Korean friend's account."
SBF, who has pleaded not guilty to the charges of fraud at FTX, was released on a $250 million bail and is not allowed to leave his parent's home in California. He has maintained that he didn't do this knowingly, even as prosecutors haven't yet been able to estimate the extent of the losses that FTX customers are facing.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
FTX bankruptcy judge ends $135 million naming-rights deal for Miami Heat's FTX ArenaFTX Arena will be striped of its name, after a judge ended the deal between FTX and Miami-Dade County, according to several reports.
Les mer »
BlockFi Creditors Battle to Keep Their Details SecretCreditors for BlockFi are hoping their personal details won't be published as part of bankruptcy proceedings - echoing fears from previous cases such as Celsius and FTX. jackschickler reports.
Les mer »
FTX seeks court rulings on asset sales, customer privacyCrypto exchange FTX will ask a U.S. bankruptcy court on Wednesday to allow it to auction off pieces of its business and to keep customer names secret for at least six months while it works to recover funds lost in what was allegedly a huge fraud.
Les mer »
Damar Hamlin released from Buffalo hospital, 9 days after Bills safety collapsed on fieldAfter cardiac arrest on the field during Jan. 2 game in Cincinnati, Bills safety Damar Hamlin is cleared to go home 'to continue his rehabilitation.'
Les mer »