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Kraken’s Head Of Strategy: Our Business Felt Crypto Winter's Chill

Thomas Perfumo said the firm has not been insulated from the broader economy. Here's what he says the exchange wants to do next.

By Fran Velasquez

Feb 8, 2023 at 7:48 p.m. UTC

Feb 8, 2023

KrakenFTXCrypto WinterCoinDesk TVThomas Perfumo

FTX Founder Sam Bankman-Fried being extradited back to the United States from the Bahamas (Royal Bahamas Police Force)

FTX Bankruptcy Judge Allows Company to Subpoena Founder Bankman-Fried, Other 'Insiders'

FTX's new leadership asked for the subpoenas last month.

By Nikhilesh De

Feb 8, 2023 at 4:36 p.m. UTC

Feb 8, 2023

regulationsFTXSam Bankman-FriedFTX collapse

FTX Lawyers Sullivan & Cromwell Bill $7.5M for First 19 Day's Bankruptcy Work

The 151 staff members assigned to the case worked a combined 6,500 hours in November looking at legal disputes, hacks, and corporate governance.

By Jack Schickler

Feb 8, 2023 at 10:34 a.m. UTC

Feb 8, 2023

regulationsFTXBankruptcySullivan and cromwellUnited States

CDCROP: Bail Hearing Held For FTX Founder Sam Bankman-Fried

US Prosecutors Ask for Postponement of SEC, CFTC Cases Against Sam Bankman-Fried

The prosecutors are asking that the civil cases be put off until the criminal case against FTX’s founder is decided.

By Nelson Wang

Feb 7, 2023 at 4:11 p.m. UTC

Feb 7, 2023

regulationsFTXSam Bankman-FriedUS

US Judge Rejects Bankman-Fried's Bail Modification Request

The former FTX CEO's attorneys and prosecutors made a joint request to allow him to use certain messaging apps on Monday.

By Nikhilesh De

Feb 7, 2023 at 3:49 p.m. UTC

Feb 7, 2023

regulationsSam Bankman-FriedFTXUSLegal

CDCROP: Law Justice Court Legal (Shutterstock)

Signature Bank Sued for 'Substantially Facilitating' FTX Comingling

Signature "knew of and permitted the commingling of FTX customer funds within its proprietary, blockchain-based payments network, Signet," according to a court filing.

By Jamie Crawley

Feb 7, 2023 at 11:41 a.m. UTC

Feb 7, 2023

Signature BankFTXCourt FilingsClass Action LawsuitUS

DebtDAO to Burn 18M FTX User Debt Tokens Following Demand Frenzy

More than 18 million tokens to be burned after the demand for the recovery tokens saw prices surge to as much as $113.

By Shaurya Malwa

Feb 7, 2023 at 9:44 a.m. UTC

Feb 7, 2023

DebtFTXtoken

Sam Bankman-Fried Lawyer Says Agreement Has Been Reached on Use of Messaging Apps

The former CEO of FTX was previously barred form using any messaging apps.

By Nelson Wang Nikhilesh De

Feb 6, 2023 at 9:52 p.m. UTC

Feb 6, 2023

FTXSam Bankman-Fried

FTX Money Backed US Lawmakers With Future of Crypto in Their Hands

The campaigns of 38% of those on the four most important committees, including key leaders, got money from former CEO Sam Bankman-Fried and other executives, according to Federal Election Commission records.

By Jesse Hamilton

Feb 6, 2023 at 7:27 p.m. UTC

Feb 6, 2023