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Category Sam Bankman-Fried

NBA Legend Shaquille O’Neal To Settle FTX Endorsement Lawsuit for $1,800,000

NBA Legend Shaquille O’Neal To Settle FTX Endorsement Lawsuit for $1,800,000

New court filings show that NBA legend Shaquille O’Neal will settle a lawsuit related to the endorsement of defunct crypto exchange FTX for $1.8 mi...
FTX Recovery Trust Begins $5B Second Payout to Creditors

FTX Recovery Trust Begins $5B Second Payout to Creditors

The FTX Recovery Trust has launched a second wave of payments to creditors, marking a major milestone in the collapsed exchange’s ongoing reimburse...
Sam Bankman-Fried’s Prison Sentence Could be Cut by Over 4 Years: Business Insider

Sam Bankman-Fried’s Prison Sentence Could be Cut by Over 4 Years: Business Insider

His sentence could be reduced due to accumulated “Good Conduct Time” and participation in prison programs.
Sam Bankman-Fried to Walk Free in 2044 – BOP Quietly Knocks 4 Years Off 25-Year Term

Sam Bankman-Fried to Walk Free in 2044 – BOP Quietly Knocks 4 Years Off 25-Year Term

Sam Bankman-Fried has been moved from New York’s Metropolitan Detention Center to a transfer hub in Oklahoma after a solitary stint over an unautho...
FTX to Pay Over $5B to Creditors as Bankrupt Exchange Gears Up for Distribution

FTX to Pay Over $5B to Creditors as Bankrupt Exchange Gears Up for Distribution

Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback.