FTX
Coverage of FTX in the Nexus archive.
- FTX exec’s wife scheduled for November trial on campaign finance charges
Michelle Bond, wife of an FTX executive, is scheduled for a November trial on campaign finance charges after a Manhattan judge denied a motion to dismiss the indictment, which was based on claims that prosecutors misled her husband about her charges.
- Ryan Salame’s wife to face charges over FTX-funded congressional run
Michelle Bond, wife of Ryan Salame, will face campaign finance charges after a federal judge denied her request to dismiss them. The charges relate to an FTX-funded congressional campaign.
- SpaceX Surge Could Be Worth Billions for FTX—Will Creditors Benefit?
Defunct crypto exchange FTX gained exposure to SpaceX in 2022, and the rocket-maker’s post-IPO rally has lifted hopes among creditors.
- US lawmakers warn against presidential pardon for Sam Bankman-Fried
US lawmakers have expressed concerns about a potential presidential pardon for Sam Bankman-Fried. He is currently serving a 25-year sentence after being found guilty on seven felony charges related to the misuse of customer funds.
- Sam Bankman-Fried’s pardon faces bipartisan pushback in Congress: ‘Keep him locked up’
Two senators introduced a resolution opposing Sam Bankman-Fried's pardon, arguing his 25-year sentence for fraud and money laundering serves justice. His clemency request is pending, with bipartisan opposition in Congress.
- ‘He had his day in court:’ Sens. Lummis and Gallego press Trump not to pardon former FTX CEO Sam Bankman-Fried
Sens. Lummis and Gallego urged Trump not to pardon Sam Bankman-Fried, who was found guilty on seven counts related to defrauding FTX customers, lenders, and investors.
- Senators Introduce Bipartisan Resolution Opposing SBF Pardon
Senators Gallego and Lummis introduced a bipartisan resolution opposing any clemency for SBF, the FTX fraudster. The resolution seeks to formally record the chamber's stance against pardoning SBF under any circumstances.
- FTX's former Anthropic stake would be worth about $75B at today's valuation
FTX held a 7.84% diluted stake in Anthropic, which is valued at $965B, making the stake worth approximately $75B before further dilution. FTX's customer shortfall was estimated at $8B to $9B, and the estate sold the Anthropic stake during bankruptcy proceedings to repay creditors.
- Appeals court upholds Bankman-Fried conviction in FTX fraud case
An appeals court has upheld the conviction of Sam Bankman-Fried in a fraud case related to the collapse of the FTX cryptocurrency exchange. The former FTX Chief Executive was charged with fraud over the exchange's bankruptcy.
- Second Circuit denies Sam Bankman-Fried’s bid to overturn FTX crypto fraud conviction
The Second Circuit Court of Appeal upheld Sam Bankman-Fried's criminal convictions for fraud related to the collapse of his cryptocurrency exchange FTX. The court rejected his claims of judicial bias and insufficient evidence to prove FTX's insolvency, affirming the 25-year prison sentence and $11 billion forfeiture.
- Appeals court upholds FTX co-founder Sam Bankman-Fried's fraud conviction
A federal appeals court upheld Sam Bankman-Fried's fraud conviction and 25-year prison sentence, confirming the 2023 trial's fairness and the strength of the government's evidence. The court found he defrauded customers and investors of billions by misusing FTX customer funds for personal expenses and falsifying records.
- Appeals court upholds FTX co-founder Sam Bankman-Fried's fraud conviction
A federal appeals court upheld the fraud conviction of FTX co-founder Sam Bankman-Fried, affirming his 25-year prison sentence. The court found evidence showed he used customer funds for personal expenses and falsified records, leading to over $11 billion in losses for customers, investors, and lenders.
- Sam Bankman-Fried Loses Appeal as Federal Court Upholds 'Robust' Fraud Conviction
Sam Bankman-Fried's appeal was denied, maintaining his fraud conviction. He has applied for a pardon from President Trump as his remaining option to avoid prison.
- FTX's Sam Bankman-Fried loses appeal of criminal conviction on fraud, conspiracy charges
Sam Bankman-Fried of FTX lost his appeal against a criminal conviction for fraud and conspiracy charges. The court upheld his conviction, rejecting his legal challenge.
- Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim
Sam Bankman-Fried submitted a pardon request to the Department of Justice, but the White House states his chances remain slim. The request follows his 2023 conviction for fraud related to FTX, and President Donald Trump has indicated no plans to grant clemency.
- Sam Bankman-Fried seeks Trump pardon
Sam Bankman-Fried has formally applied for a presidential pardon, following months of courting former President Donald Trump through public compliments and interviews. Trump previously stated he would not pardon Bankman-Fried, who is serving a 25-year prison sentence, though he has pardoned other white-collar criminals. Bankman-Fried's FTX held investments in companies like SpaceX and Robinhood, some of which have significantly increased in value.
- Sam Bankman-Fried formally applies for a pardon
Sam Bankman-Fried has formally applied for a pardon. The FTX CEO was sentenced for fraud in 2024.
- FTX Founder Sam Bankman-Fried Has Formally Filed for a Pardon From President Trump
FTX founder Sam Bankman-Fried has formally filed for a pardon from President Trump. President Trump previously ruled out a pardon for Bankman-Fried, but the FTX founder has applied for one regardless.
- Jailed crypto founder Sam Bankman-Fried seeks Trump pardon
Sam Bankman-Fried, former leader of crypto platform FTX, who is serving a 25-year sentence, has applied for a pardon. The request was officially submitted on Monday.
- Sam Bankman-Fried seeks pardon from Trump after bankrolling Democrats and losing $10B fraud case
Sam Bankman-Fried, the FTX founder, has applied for a presidential pardon from Trump after bankrolling Democrats and losing a $10B fraud case.
- Convicted FTX founder Sam Bankman-Fried files formal request for Trump pardon
Sam Bankman-Fried, founder of FTX, has filed a formal request for a Trump pardon while serving a 25-year federal prison sentence.
- Sam Bankman-Fried Formally Seeks Presidential Pardon From Trump, Files Clemency Petition
Sam Bankman-Fried, founder of FTX, filed a clemency petition with the U.S. Department of Justice seeking a presidential pardon from Donald Trump while serving a 25-year prison sentence for fraud and conspiracy. Trump has publicly rejected the pardon request, and Bankman-Fried is appealing his conviction and sentence.
- Sam Bankman-Fried applies for a pardon from Trump
Sam Bankman-Fried, co-founder of FTX, has applied for a pardon from Trump. He is currently serving a 25-year sentence, which was assigned in 2024.
- Former FTX CEO Sam Bankman-Fried officially files for a presidential pardon from Trump
Former FTX CEO Sam Bankman-Fried is seeking a presidential pardon from Trump, who stated he has no plans to grant clemency.
- Bitcoin price eyes $90K as FTX-era BTC bullish divergence flashes again
Bitcoin shows a second weekly bullish divergence on record, a pattern previously linked to a 755% price surge. The signal re-emerges during the FTX-era context, with Bitcoin targeting $90K.
- Bitcoin Reclaims $63,000 in an Oversold Bounce After Its Worst Week Since FTX
Bitcoin rose about 2% to near $63,000 in an oversold bounce after a week that dragged it below $60,000 and wiped roughly $390 billion off the crypto market. The recovery followed its worst week since the FTX collapse.
- Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion
Bitcoin and ether are experiencing their worst weekly decline since the FTX collapse, with cryptocurrencies collectively losing $390 billion in value.
- Ex-Celsius CEO files motion to vacate sentence after lawyers withdraw
Ex-Celsius CEO Alex Mashinsky filed a motion to vacate his 12-year sentence, citing claims involving FTX and a hostile takeover by a former Celsius executive. The former executive was sentenced to time served.
- FTX law firm Fenwick & West to pay $54M to victims in settlement
Fenwick & West, the law firm representing FTX, agreed to pay $54 million to victims in a settlement by February 2026. The firm also faces a separate $525 million lawsuit related to its role in the FTX crypto exchange collapse.
- FTX’s former law firm, auditor agree to pay $66 million to settle customer claims over fraud
Fenwick & West, FTX's former law firm, and an auditor have agreed to pay $66 million to settle customer claims related to fraud. The law firm denied wrongdoing and remains involved in a separate $525 million lawsuit in Washington.
- Voyager Bankruptcy Update (May 2026): Court Deadline Extended Six Months
The Voyager Digital bankruptcy court extended the deadline for objecting to disputed creditor claims from May 30, 2026 to November 26, 2026. The extension allows administrators to investigate thousands of complex, disputed, and duplicated claims to prevent fraudulent ones from diluting remaining funds for legitimate creditors. Most retail investors who received their first distribution need not take action.
- please read hyperliquid fundamentals
An analysis urging readers to examine Hyperliquid's fundamentals rather than treating it as speculative hype. The post emphasizes that Hyperliquid is a legitimate onchain product with real users and utility, distinguishing it from previous cryptocurrency projects that succeeded through hype or controversial means.
- Former FTX Executive Launches a ‘No Loss’ AI Trading Platform
A former FTX executive has launched a new AI trading platform that promises no losses. The platform uses artificial intelligence to make trades. This launch comes after FTX's high-profile collapse.
- Law firm Fenwick & West sued for $525M over alleged role in FTX collapse
Twenty FTX victims are suing Fenwick & West for $525M over its alleged role in FTX's collapse, claiming the law firm helped build infrastructure to keep the fraud running. The lawsuit accuses Fenwick & West of enabling FTX's fraudulent activities. FTX's collapse has led to significant financial losses for its investors.
- Trump’s White House weighs 250 pardons to celebrate America's 250th birthday
The White House is considering approximately 250 pardons to commemorate America's 250th birthday, with individuals such as Sam Bankman-Fried and a developer of Samourai Wallet hoping for a pardon. The move is seen as a controversial gesture. Trump's administration is behind the potential pardons.
- i compared proof of reserves across exchanges and Backpack wins by a mile
Backpack exchange leads in proof of reserves compared to other exchanges like Binance and Kraken, with daily internal checks and full open-source Plonky2 proofs. Backpack covers all coins, unlike OKX which covers 22 coins and Kraken which covers 7. This comparison matters after the FTX incident.
- Coinbase Cuts 14% of Workforce, Signals AI-Driven Future
Coinbase is cutting 14% of its workforce, approximately 693 employees, as part of a restructuring effort driven by artificial intelligence adoption. The move aims to increase efficiency and prepare the company for a new way of working. Departing employees will receive severance packages, including base pay and health coverage.
- What's the safest way to stake ETH?
The author is looking for a non-custodial Ethereum staking option that is liquid and allows for instant exit while still earning. Solo staking requires 32 ETH and has a long unstaking delay, while using Coinbase or Binance means giving up custody. The author wants to know what others are using.
- What's the single best decision you've made in crypto, and would you make it again knowing what you know now?
A crypto investor reflects on their journey from chasing speculative coins to adopting a simplified strategy of holding BTC and ETH, attributing their long-term success to avoiding trading and stress. They acknowledge losses from 2022 collapses (Luna, FTX) but affirm their decision to focus on core assets.
- New Sam Bankman-Fried trial would be huge waste of court’s time, judge says
A judge denied Sam Bankman-Fried's request for a new trial, calling it a waste of court resources and accusing him of promoting wild conspiracies. Bankman-Fried, who was sentenced to 25 years in prison for orchestrating a major financial fraud, claimed new evidence could exonerate him but the judge dismissed the motion as a last-ditch effort.