Apple Pays $5M for Sam Bankman-Fried Book Rights
The book by Michael Lewis, ‘The Big Short,’ about the former FTX CEO, will be released on October 3rd. SBF’s New York legal proceedings begin on this date. Apple reportedly acquired the rights to the imminent book by Michael Lewis about the former CEO of FTX, Sam Bankman-Fried (SBF), in a competitive bidding process for $5 […]
SOL Dilemma: Will FTX Sell-Off Push Solana to $18 or $6?
Solana (SOL) is facing downward pressure as the market anticipates a large sell-off of its tokens by the troubled FTX exchange. Can SOL rebound from this challenge and break above the $20 resistance level? [Read more] Solana’s (SOL) price has recently shown resilience after Visa announced its plans to introduce USDC settlement over the Solana […]
FTX Reports Cybersecurity Breach Involving Claims Agent Kroll
Defunct cryptocurrency exchange FTX disclosed a cybersecurity breach involving its bankruptcy case claims agent, Kroll, which exposed non-sensitive customer data. The ailing cryptocurrency exchange utilized the X platform on August 25 to alert its customers, creditors, and the general public of a cybersecurity breach involving its claims agent, Kroll. The breach has disseminated non-sensitive customer […]
FTX Requests Galaxy Digital Manage its Recovered Crypto Holdings
Cryptocurrency exchange FTX has petitioned a US District Court to allow Galaxy Digital, a digital asset management company, to manage the remaining cryptocurrency holdings of the bankrupt exchange. The company filed a petition with the United States District Court for the District of Delaware on August 24, requesting permission and approval of guidelines for the […]
SBF Requests 5 Weekdays of Freedom From Legal Defense Work
Seven days after the Department of Justice revoked former FTX founder Sam Bankman-Fried’s (SBF) bond, he now requests permission to spend five weekdays outside working with his defense team. According to a letter sent to US District Judge Lewis Kaplan on Friday, as reported by Bloomberg, legal representatives of SBF stated that their client had […]