FTX Token (FTT) news

FTX creditor denounces $16B distribution rumor, says it’s only $7.5B

Share link:In this post: A creditor called out false claims that FTX would distribute $16 billion in 60 days, clarifying it’s actually between $6.5 billion and $7.5 billion. FTX has $13 billion in cash but plans to hold $6.5 billion back, with another $7 billion reserved for disputed claims. The first payouts, starting within 60 days after January 3, 2025, will focus on smaller creditors with claims under $50,000.

Crypto influencers spark false hope on FTX payouts, actual plan set for March 2025

FTX said it has partnered with BitGo and Kraken to initiate the customers' distributions.

Tether faces compliance issues while FTX token gains 7%

Will FTX Repayments Spark a Crypto Bull Run in 2025? Analysts Weigh in

FTX’s $16B creditor repayments in 2025 could spark a crypto bull run, but doubts remain over payout timelines and liquidity impacts.

Multicoin co-founder is accused of having a close relationship with SBF, Dragonfly partner claims lack of concrete evidence

Multicoin co-founder is accused of having close ties with SBF, Dragonfly partner says lack of concrete evidence

Speculation rises over a potential presidential pardon for Sam Bankman-Fried

Solana Co-Founder Sued Over Misuse of Ex-Wife’s SOL Tokens

This Week In Crypto: SBF Pardon Rumors, EU Delists USDT, Ripple Donates to Trump, Singapore Industry Grows

Solana co-founder faces lawsuit from ex-spouse over staking profits

Share link:In this post: Stephen Akridge, Solana co-founder, is being sued by his ex-wife, Elisa Rossi, for allegedly stealing millions in staking rewards from her crypto wallet. Rossi claims Akridge used his blockchain expertise to secretly control her accounts and take all the rewards without her consent. The lawsuit, filed in San Francisco, accuses Akridge of fraud and unjust enrichment, with the disputed amounts described as “significant.”

SEC focused on Ripple while ignoring Sam Bankman-Fried – Charles Gasparino

Share link:In this post: The SEC’s focus on Ripple’s case raises concerns about ignoring bigger issues like Sam Bankman-Fried’s. Ripple’s legal battle could set key precedents for U.S. crypto regulations. The case’s outcome may influence future crypto industry rules and the SEC’s regulatory approach.

Ripple vs SEC: Gasparino Questions Fairness and Impact

Gasparino criticizes SEC’s focus on Ripple amid other financial scandals. Ripple was forced to move operations abroad due to unclear U.S. crypto regulations. Gasparino warns that the judge’s ruling may reduce protections for retail investors.

Solana Co-Founder Faces Lawsuit Over Alleged Crypto Rewards Theft

Solana co-founder Stephen Akridge faces a lawsuit from his ex-wife, alleging he misappropriated millions in crypto staking rewards.

Convicted FTX executives receive reduced sentences

Share link:In this post: The former CEO of Alameda Research, Caroline Ellison, had her two-year sentence reduced due to her cooperation with prosecutors. Ryan Salame, former co-CEO of FTX Digital Markets, also got a year shaved off his initial sentence. The former head of engineering, Nishad Singh, avoided further prison time by testifying against the head of the fraudulent operation.

Ryan Salame’s Sentence Reduced After Good Behavior Credits

This change likely comes as a result of "good behavior" credits under the 2018 First Step Act.

Ryan Salame's prison sentence is reduced by one year

FTX Executives Salame and Ellison See Reduced Prison Sentences

Will FTX’s Sam Bankman-Fried Get an Early Exit from Jail with Presidential Pardon?

Sam Bankman-Fried's 25-year sentence for fraud and money laundering is considered lenient by many, fueling speculation about a possible pardon given his political connections and the precedent of past presidents granting clemency to donors.

Release Date for Incarcerated Former FTX Exec Ryan Salame Moved Up by a Year

Former FTX executive Ryan Salame receives reduced sentence, expected to be released in March 2031

FTX Exec Ryan Salame To Serve Less Time, Scheduled Release Moves Up

Rumors of a presidential pardon for FTX’s Sam Bankman-Fried spark outrage

Elon Musk says he will be shocked if Biden doesn’t pardon SBF

Elon Musk Comments on Possible Pardon of Sam Bankman-Fried

Crypto Giants: The Greatest Crypto Gainers of All Time

FTX’s Sam Bankman-Fried is Potentially in Consideration for a Presidential Pardon

Rumors of a presidential pardon for Sam Bankman-Fried stir controversy, linking political ties to leniency after his FTX fraud conviction.

SBF's Release Is On The Agenda! Elon Musk's Comment Raises This Altcoin!

Tesla CEO Elon Musk has indicated that FTX founder Sam Bankman-Fried could receive an early pardon from US President Joe Biden.

FTX’s Sam Bankman-Fried (SBF) to get a Presidential pardon from Biden before January 20

Share link:In this post: Sam Bankman-Fried might get a pardon from Biden before January 20, and people are losing their minds over it. He gave over $70 million to political campaigns, with $40 million going to Democrats, making him one of their biggest donors. SBF is appealing his 25-year sentence and could get it reduced to 12.5 years with good behavior credits.

Elon Musk Weighs in on Rumors of Biden Pardoning SBF

Data: Possibly influenced by Musk's tweet reply, FTT briefly touched $3.57