Former FTX CEO Sam Bankman-Fried is restricted from using encrypted messaging apps

A New York judge has imposed communication limits on former FTX chief executive Sam Bankman-Fried, according to a court filing on Feb. 1. The filing includes two restrictions. Bankman-Fried can’t communicate with any previous or current employees at FTX or Alameda, other than his immediate family members, except in the presence of a legal counsel. … Read more

DC Townhouse Linked to Fallen FTX Founder Sam Bankman-Fried Is Listed for $3.3M

What a difference a few months makes. Since the implosion and bankruptcy filing of the cryptocurrency exchange FTX in November, its founder Sam Bankman-Fried has experienced some dramatic life changes—as have those closest to him. A prime example? The listing of a townhouse in Washington, DC, that was purchased in April 2022 by Guardians Against … Read more

Tom Brady’s FTX shares were once worth $45 million. Will he lose it all?

Former FTX CEO Sam Bankman-Fried lost his entire $16 billion fortune in just a few days after his crypto company filed chapter 11 bankruptcy protection last year, but he’s not the only high-profile investor who may lose money amid FTX’s downturn. As interest in crypto and crypto exchanges exploded in recent years, more high-profile individuals … Read more

Bitcoin and crypto are moving past FTX’s collapse, but the road back will be rough

The cryptocurrency market has rebounded in recent weeks, with bitcoin BTCUSD, -2.03% and other digital assets almost recovering their losses since the collapse of the FTX cryptocurrency exchange. Now, many investors wonder whether this is the end of the bear market for crypto, or just a temporary resurgence.  To answer this question and shed more … Read more

After the collapse of FTX, Celsius and Genesis, crypto’s million-dollar question remains: Will customers see any of their money again?

Customers of failed crypto ventures like FTX, Celsius Network or Genesis may one day see some of their money again, but they better be prepared to wait. Experts say recovering money from frauds and other financial collapses is a complex and hard-to-predict process and while often some money can be returned, it can take years … Read more