crytpo exchange News

Sam Bankman-Fried Pleads Not Guilty in FTX Fraud Case; October Trial Set

Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange and caused billions of dollars in losses, in what prosecutors have called an “epic” fraud. He entered his plea in …

NBA Champion Golden State Warriors Are Sued Over FTX Collapse

The Golden State Warriors were sued on Monday by an FTX customer who accused the reigning National Basketball Association champions of fraudulently promoting the now-bankrupt cryptocurrency exchange. Elliott Lam, a Canadian citizen and Hong Kong resident, filed his proposed class-action …