Singh faced legal action from the SEC, CFTC and US Department of Justice after FTX collapsed in November 2022 but avoided significant prison time by cooperating with authorities.
Latest News on FTX

Get the latest news on FTX! FTX was a major crypto exchange founded by Sam Bankman-Fried and Gary Wang in 2019. Its native (FTT) token served multiple roles within the FTX ecosystem, such as reducing exchange fees for users. FTX also purchased a certain amount of FTT each week and burned it to control inflation.
In November 2022, FTX crashed due to a liquidity crisis, financial mismanagement and mass withdrawal of funds by rattled investors. On Nov. 11, 2022, FTX filed for Chapter 11 bankruptcy, with Bankman-Fried sentenced to 25 years in prison in March 2024.
Stay informed on the latest developments in the FTX saga with Cointelegraph.
- News1091
- Analysis
If betting markets are to be believed, the chances of former FTX CEO Sam Bankman-Fried getting a presidential pardon this year aren’t looking good.
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The fourth round of reimbursements to creditors and former clients of the failed crypto exchange since February 2025 brings the total paid to about $10 billion.
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Prosecutors say testimony from two former FTX executives cited by the defense does not qualify as newly discovered evidence, Bloomberg reported.
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Ben McKenzie’s film “Everyone Is Lying to You for Money” features interviews with former FTX CEO Sam Bankman-Fried and others discussing crypto and political influence.
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Amid reports that the White House will not consider a presidential pardon, the convicted former FTX CEO continues his efforts in court.
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The equity offering builds on Backpack’s token announcement earlier this month, in which the first 62.5% of tokens will be distributed to users.
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The mounting unrealized losses of Bitmine shareholders and Ether’s 60% decline are signaling a critical inflection point that may define Ether’s medium-term momentum, analysts said.
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Tether’s USDT is nearing its largest monthly supply drop since the collapse of FTX, with whales and smart money traders continuing to reduce their USDT holdings.
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“Bitcoin going to zero” Google searches have spiked to their highest level since the FTX collapse, even as institutional buyers accumulate BTC and macro uncertainty hits record highs.
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Sam Bankman-Fried seeks a new FTX trial, alleging DOJ witness pressure and citing a declaration disputing the prosecution’s insolvency claims, according to a new filing.
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Sam Bankman-Fried asked a federal appeals panel for a new trial in the FTX fraud case, arguing that new witness testimony could weaken the case that led to his 25-year sentence.
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Super Bowl LX featured 10 ads for different AI products, and some observers believe it could be a sign that the AI financial bubble will soon burst.
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Binance shows stable onchain reserves and no immediate stress signals despite market volatility and a wave of criticism circulating on social media.
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FTX users filed the lawsuit in 2023, accusing the law firm of playing “a key and crucial role" in "how the FTX fraud was accomplished.”
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