Sam Bankman-Fried​

Administrators’ report says cryptocurrency firm’s downfall was due to ‘hubris, incompetence and greed’

The plea by Nishad Singh, 27, encompasses charges that carry potential penalties of up to 75 years in prison if he fails to fully cooperate

Four new charges, including securities fraud and conspiracy fraud counts, were unveiled with the unsealing of the refreshed indictment in Manhattan federal court

‘There is a solution, but it’s not one anybody’s proposed yet,’ Kaplan said as Bankman-Fried sat passively at the defense table

The industry has been humbled by a massive downturn in cryptocurrency prices, as well as the bankruptcy of several well-known companies

Prosecutors can use any statements, tweets or other communications against him at his trial, which is scheduled for October

The crypto exchange is also authorized to permanently keep secret the addresses and email addresses of individual creditors and equity holders

Anatoly Legkodymov, who lives in China, was arrested Tuesday night in Miami

Before his arrest, the FTX founder was living a life of excess with his polyamorous friends in the Bahamas – all at the expense of the money of his defrauded clients and investors

Investors, lenders, customers and even oversight bodies failed to detect the failures behind FTX, the digital currency trading platform that was run with an accounting program for SMEs

According to an indictment unsealed on Tuesday, the former head of the bankrupt cryptocurrency exchange is facing eight counts, including wire fraud

Across the world, over a million people have been impacted by the bankruptcy of the main exchange platform that facilitated trading

The founder of the FTX platform watched his entire fortune evaporate in a matter of days