Sam Bankman-Fried

Stolen FTX Funds Worth Over $400 Million on the Move, Tracing Suggests Links to Russian Money Launderers

October 13, 2023. While FTX founder Sam Bankman-Fried faces a criminal trial in Manhattan, cryptocurrency tracing firm Elliptic reveals that the thieves who stole over $400 million from FTX are actively moving the funds across blockchains. After nine months of dormancy, the stolen funds are being transferred through various crypto services, raising speculation about potential […]

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FTX’s Desperate Night: A Billion-Dollar Crypto Heist Averted Amid Chaos

October 9, 2023. FTX, once a leading cryptocurrency exchange valued at $32 billion, faced a catastrophic situation when it declared bankruptcy. Amid this crisis, unidentified thieves targeted the platform, stealing between $415 million and $432 million in cryptocurrency. WIRED reveals the intense night of FTX’s response, detailing how the new leadership, led by CEO John

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