Sam Bankman-Fried to pay $250 mn bond; to remain under house arrest
A $250 billion bond is believed to be the highest federal pretrial bond, which will be paid by Bankman-Fried’s parents as bail charges.
ftx bankruptcy
December 2022
November 2022
Will crypto market rebound in 2023? Here’s what experts say
Bitcoin and Ethereum are down 75% from their all-time highs in November 2021; some experts believe that cryptos will bounce back in the coming months.
FTX fallout: Crypto exchange BlockFi files for bankruptcy, Bitfront to shut shop
Through the bankruptcy, the company has sought protection to restructure, settle its debts and recover money from investors.
Crypto firm FTX owes over $3.1 bn to 50 largest creditors
The crypto firm, which until last month was a shining star among crypto investors and enthusiasts, collapsed dramatically, wiping off billions of dollars of customer deposits overnight.
