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Winklevoss twins owed $900m by broker that lost out in FTX crash - Vimarsana News

Winklevoss twins owed $900m by broker that lost out in FTX crash

The twins - perhaps best known for their legal battle with fellow billionaire Mark Zuckerberg as seen in The Social Network - were among the many to record mammoth losses when the platform fell.

New York prosecutors opened compliance investigation into FTX MONTHS before it filed for bankruptcy - Vimarsana News

New York prosecutors opened compliance investigation into FTX MONTHS before it filed for bankruptcy

The US Attorney's Office of New York, led by attorney Damian Williams (left), spearheaded the investigation, which saw agents spend months surveilling Sam Bankman-Fried's failed exchange.

Collapsed crypto firm FTX founder Sam Bankman-Fried hobbled his own defense against criminal charges - Vimarsana News

Collapsed crypto firm FTX founder Sam Bankman-Fried hobbled his own defense against criminal charges

Legal experts say FTX founder Sam Bankman-Fried may have harmed his defense by speaking publicly in recent days. Bankman-Fried has sought to explain the implosion of FTX.

It's worse than Enron! New boss of collapsed crypto firm FTX says it is the shoddiest firm he's seen - Vimarsana News

It's worse than Enron! New boss of collapsed crypto firm FTX says it is the shoddiest firm he's seen

John Ray III, the new CEO of the bankrupt cryptocurrency firm, was hired on November 11 after the founder Sam Bankman-Fried, 30, was convinced to step down.

Sam Bankman-Fried sold $300 million stake in FTX after 'meme' fundraising blitz raised $420.69M - Vimarsana News

Sam Bankman-Fried sold $300 million stake in FTX after 'meme' fundraising blitz raised $420.69M

Sam Bankman-Fried sold a $300 million stake in his failed crypto firm FTX in the same month the company raised $420.69 million dollars through a 'meme' fundraiser that referenced sex and weed.