FTX

Key Takeaways: Convicted FTX Founder Sparks New Controversy Online Sam Bankman-Fried, the disgraced founder of FTX, is once again under fire for attempting to reshape the narrative surrounding the crypto exchange’s collapse. Even as appeals judges this week signaled no interest in overturning his fraud conviction, SBF took to social media to assert that FTX…

Key Takeaways: Bankman-Fried’s Defense Fights Back Lawyers for Sam Bankman-Fried, co-founder of the collapsed crypto exchange FTX, are set to appear before the US Court of Appeals for the Second Circuit today. Their mission: to overturn his 25-year prison sentence for fraud and secure a full retrial. The appeal centers on claims of judicial bias…

Key Takeaways FTX Pulls Back on Restrictive Repayment Plan Collapsed crypto exchange FTX has withdrawn its controversial motion that sought to limit customer repayments in several restricted jurisdictions, including China, Russia, and Ukraine. The reversal marks a significant win for creditors worried about losing claims worth hundreds of millions of dollars. Also Read: First Digital…