Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
Judge Kaplan expressed surprise at defense counsel Mark Cohen's tactics, saying: "Mr. Cohen, I've never seen the cross of a cooperator done like this."
The laundering methods employed by the hacker is "disstinct and unsophisticated"
Several venture capital firms, including Sequioa, had invested in the bankrupt FTX.
A former engineer at Alameda revealed that Sam Bankman-Fried (SBF) prioritized rapid company expansion over crucial risk management protocols.
Settlement agreement green lights FTX's $175M claim and puts $1B counterclaims to rest.
Bankman-Fried's pretrial evidentiary requests hit a wall in Kaplan's court.
Ellison made further ground-breaking revelations about SBF's ambitions and what really happened behind the scenes before FTX collapsed on the second day of her testimony.
The former Alameda Research CEO has pleaded guilty to charges brought against her and was expected to be a star witness against the disgraced crypto mogul.
SBF said Alameda's association with FTX had generated too much FUD that failed to justify its existence.
