FTX Collapse

BlockFi CEO Zac Prince (right) (Danny Nelson/CoinDesk)
BlockFi Settles With FTX, Alameda Estates for $874.5M
The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan.
BlockFi CEO Zac Prince (right) (Danny Nelson/CoinDesk)

Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)
Sam Bankman-Fried Asks for 6.5 Year Prison Term After Conviction in FTX Collapse
Bankman-Fried's lawyers objected to the Presentence Investigation Report (PSR) which recommends a sentence of 100 years in prison calling it "grotesque."
Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)

John J Ray III  FTX CEO in November (House Committee on Financial Services)
FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules
The motion to sell around 7.84% of Anthropic that FTX held as of January 2024 had been filed in early February 2024.
John J Ray III  FTX CEO in November (House Committee on Financial Services)

Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)
Sam Bankman-Fried Replaces Lawyers Ahead of Sentencing
Bankman-Fried replaced his former lawyers, Mark Cohen and Christian Everdale, as he’s headed into sentencing negotiations.
Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)

Multicoin Managing Partner Kyle Samani (Danny Nelson/CoinDesk)
Multicoin Capital Is in Talks to Sell Roughly $100M FTX Bankruptcy Claim: Source
Positive news around the FTX bankruptcy has seen claims being sold for upward of 70 cents on the dollar, now climbing towards the eighties.
Multicoin Managing Partner Kyle Samani (Danny Nelson/CoinDesk)

FTX's Sam Bankman-Fried exiting a federal courthouse in New York last year. (Nikhilesh De/CoinDesk)
FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange
The federal indictment doesn't identify Sam Bankman-Fried's FTX as the pilfered company, but Bloomberg reported that's who it was.
FTX's Sam Bankman-Fried exiting a federal courthouse in New York last year. (Nikhilesh De/CoinDesk)

Larry David on Super Bowl ad for Sam Bankman-Fried's FTX: 'Like an Idiot, I Did It' (Axelle/Bauer-Griffin/FilmMagic)
Larry David Calls Himself an 'Idiot' for Doing Infamous FTX Super Bowl Ad
Sam Bankman-Fried's cryptocurrency exchange infamously collapsed months after the commercial.
Larry David on Super Bowl ad for Sam Bankman-Fried's FTX: 'Like an Idiot, I Did It' (Axelle/Bauer-Griffin/FilmMagic)

Sam Bankman-Fried (Liz Napolitano/CoinDesk)
FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange
An initial surge in the FTT token after the news turned negative, leaving FTT plummeting 15% today.
Sam Bankman-Fried (Liz Napolitano/CoinDesk)

Barbara Fried and Joe Bankman at the federal courthouse where their son, Sam Bankman-Fried, was preparing to testify on Oct. 26, 2023 (Victor Chen/CoinDesk)
Sam Bankman-Fried's Parents Ask Court to Dismiss FTX's Lawsuit Seeking to Recover Funds
Bankman and Fried, both professors at Stanford Law School, argued that Bankman did not have a fiduciary relationship with FTX .
Barbara Fried and Joe Bankman at the federal courthouse where their son, Sam Bankman-Fried, was preparing to testify on Oct. 26, 2023 (Victor Chen/CoinDesk)

Sam Bankman-Fried (Nikhilesh De/CoinDesk)
Judge Denies Sam Bankman-Fried Request for a Longer Sentencing Process
Bankman-Fried's defense team asked for a four to six week extension for his sentencing scheduled in late March, citing a possible second trial that may begin earlier in the mo...
Sam Bankman-Fried (Nikhilesh De/CoinDesk)