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The Latest Breaking News from FTX

98% of FTX creditors will get more money than anticipated

A bankruptcy judge has approved FTX’s reorganization plan, which will give creditors 119% of the amount allowed on their claim.

The Street

Judge OKs FTX Estate's Bankruptcy Plan – What's Next?

FTX is now clear to begin implementing its bankruptcy plan, which includes the expected full repayment of customers and creditors with up to $16.5 billion in recovered assets.

International Business Times

Bull Run Next? Crypto Community Prepares To Welcome Binance's CZ From Prison

The crypto community is preparing to receive Binance co-founder Changpeng Zhao back to the digital assets space as he is set to be released from prison on Sunday.

International Business Times

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FTX fraud case: Caroline Ellison sentenced to two years in prison

Caroline Ellison, who was the star witness against Sam Bankman-Fried, was sentenced for her role in the FTX fraud case.

The Street

Former FTX Executives Sentenced In Cryptocurrency Fraud Case

Former FTX executive sentenced to prison for fraud, aiding in conviction of founder. Case highlights cryptocurrency industry complexities and commitment to...

Top News

Former FTX executive Caroline Ellison sentenced to two years for fraud

The former CEO of Alameda Research served as a key prosecution witness against FTX founder Sam Bankman-Fried.

Al Jazeera

Fraudster Sam Bankman-Fried's Former Girlfriend Sentenced In $11B FTX Collapse

'Not a day goes by that I don't think about all of the people I hurt,' Caroline Ellison told a federal judge in New York City

International Business Times

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A tearful Caroline Ellison is sentenced to two years in prison for her part in the FTX collapse: 'I'm sorry I wasn't brave'

A judge recognized Ellison's cooperation but still ruled against her lawyer's request for no jail time.

Fortune

Sam Bankman-Fried’s ex says the ‘brain is truly bad at understanding big numbers’ as she gets 2 years for FTX fraud

Appreciative prosecutors said Ellison’s cooperation was “critical to indict and convict” on-again, off-again lover and disgraced FTX boss Sam Bankman-Fried, who is now serving 25 years in prison

The Independent UK

Caroline Ellison wrote a Bridgerton-esque romance novel while waiting to be sentenced over FTX

She’s also helped her professor parents write a math textbook, and another novel is in the works, her mother wrote in a testimony.

Fortune

Diddy and Sam Bankman-Fried are sharing a prison cell

The disgraced celebrities have reportedly been moved to the same unit of the Metropolitan Detention Center as they await ongoing trials.

Fortune

Caroline Ellison sentenced to two years after serving as star witness against FTX’s Sam Bankman-Fried

Ex-Alameda CEO and ex-girlfriend of fallen crypto mogul pleaded guilty, but prosecutors requested lenient sentence

The Guardian - US

Former FTX Executive Faces Sentencing After Fraud Conviction

Former FTX executive Caroline Ellison faces sentencing for fraud after cooperating in trial against founder. Prosecutors seek leniency for her role.

Top News

Former FTX Executive Seeks No Prison Time At Sentencing

Former FTX executive Caroline Ellison seeks no prison time for cooperation in cryptocurrency fraud case.

Fortune

Sam Bankman-Fried encouraged Adderall use says ex-girlfriend Caroline Ellison in bid to avoid prison

The former Alameda Research CEO asked prosecutors for no prison time ahead of her sentencing later in September.

The Independent UK

Key witness in trial of FTX founder Sam Bankman-Fried seeks no prison time at upcoming sentencing

Caroline Ellison, a former top executive in FTX founder Sam Bankman-Fried's collapsed cryptocurrency empire, is seeking no prison time at her sentencing later this month

Fortune

New campaign finance violation case illustrates that the FTX criminal saga may be far from over after DOJ charges crypto lobbyist

The Department of Justice charged crypto lobbyist Michelle Bond with illegally financing her congressional campaign with FTX funds.

International Business Times

Former FTX Exec's Partner Michelle Bond Charged For Campaign Finance Violations

Michelle Bond, largely known for her congressional bid in 2022, has been indicted over charges related to illegal financing of her campaign – she received $400,000 from defunct crypto exchange FTX.

International Business Times

EXCLUSIVE: Former Binance Policy Chief Talks New Bitget Role, International Compliance, Constructive Regulation

Hon Ng was recently appointed as Bitget's Chief Legal Officer, and he is more than ready to help Bitget become a leader in compliance and regulatory collaboration efforts in the burgeoning crypto industry.

Fortune

Why Silicon Valley falls prey to ‘charisma distortion,’ according to investor and Google X founding member Tom Chi

Silicon Valley loves a charismatic visionary. Sometimes a little too much, like when that vision outstrips reality. I recently talked about this with Tom Chi, once a founding member of Google X and now founding partner at At One Ventures.

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