THE FALL OF FTX

FTX Exec Drops Bid To Undo Plea Amid Partner's Indictment

By Rachel Scharf

Former FTX executive Ryan Salame is no longer seeking to vacate his guilty plea that he says Manhattan federal prosecutors induced with a false promise to halt a campaign finance probe into his partner Michelle Bond, though his claims that they broke their word will still be litigated before two different judges.

Crypto Lobbyist Hit With FTX Campaign Finance Charges

By Rachel Scharf

Manhattan federal prosecutors announced Thursday that Michelle Bond, a crypto industry lobbyist and the girlfriend of convicted former FTX executive Ryan Salame, has been charged with getting the now-defunct digital asset exchange to illegally finance her unsuccessful 2022 congressional campaign.

FTX's Salame Says Feds Broke Deal Not To Probe Girlfriend

By Rae Ann Varona

Former FTX executive Ryan Salame urged a New York federal judge Wednesday to either vacate his May conviction or stop federal prosecutors from investigating his domestic partner Michelle Bond for related political campaign-finance offenses, saying prosecutors induced his guilty plea by promising not to probe Bond.

FTX Exec Gets Prison Report Date Delayed After Dog Attack

By Gina Kim

A New York federal judge on Tuesday allowed ex-FTX executive Ryan Salame to delay his surrender date to begin his prison term from August to October, as he was forced to undergo medical treatment and surgery after being mauled by a German shepherd while visiting a friend's house last month.

FTX's Ryan Salame Asks To Delay Prison After Dog Attack

By Hailey Konnath

Former FTX executive Ryan Salame on Friday asked a New York federal judge to delay his prison surrender date because he was recently mauled by a German shepherd and must undergo "urgent and necessary medical treatment and surgery."

2 Cooperators In Bankman-Fried Case To Be Sentenced In Fall

By Elliot Weld

Two former FTX executives who pled guilty and testified for the government at the trial of Sam Bankman-Fried, the collapsed cryptocurrency exchange's founder, will be sentenced this fall, a New York federal judge said Tuesday.

FTX, Customers Lay Claim To SBF's $11B Forfeiture Tab

By Ben Zigterman

FTX told the New York federal court that hit the company's founder Sam Bankman-Fried with a 25-year prison sentence and an $11 billion forfeiture order that the now-defunct cryptocurrency exchange has a right to those funds, while a group of its former clients asserted a similar claim for itself.

FTX, IRS Propose Settling $8B Tax Fight For Just $885M

By Hailey Konnath

FTX and the Internal Revenue Service have reached a proposed settlement worth roughly $885 million that would resolve the agency's contention that the bankrupt cryptocurrency exchange operator owes $8 billion in taxes, according to a motion filed Monday in Delaware federal bankruptcy court.

MORE COVERAGE

November 30th, 2023, 6:40PM

FTX Says IRS Tax Estimate Is $24B Too High
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