FTX pursues $99 million from jailed former executive

Quick Summary:

FTX claims that Ryan Salame misappropriated $98.8 million from the exchange just before its collapse, despite knowing it was comingled with customer funds.

The post FTX pursues $99 million from jailed former executive appeared first on CoinGeek.

It then rebranded to FTX EU to serve European investors, but eight months later, the global exchange collapsed, and FTX EU was listed as one of the several firms in bankruptcy proceedings.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaBahamasCyprusHong KongPortugalUnited States

Topics: Business Cyprus Securities and Exchange Commission FTX Sam Bankman-Fried Ryan Salame Crypto Crime Cartel

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 14:00:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 981 words

Reading Time: 6 minutes read

Sentences: 43 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 23517399

View Article Analysis

About CoinGeek

Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 6 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 9 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #82

Publisher Details

Frequently Asked Questions