FTX

Despite his four-month prison sentence, Changpeng Zhao’s $33B personal net worth, which is set to keep growing, makes him the richest US inmate in history.

In his first interview since entering prison, America’s most famous prisoner, SBF lamented on his diet of rice and beans, while maintaining his innocence and playing the blame game.

FTX plans full creditor reimbursement, leveraging crypto market gains for up to 118% repayment. Swift disbursements and asset liquidation demonstrate commitment to stability and accountability, setting a precedent for digital finance recovery.

Former Binance CEO CZ acknowledged wrongdoing, surrendered voluntarily, and received a four-month sentence, while former FTX CEO SBF opted for trial, asserting innocence, and received a 25-year sentence instead.

Pantera Capital secures discounted Solana tokens, strengthens holdings. Positive momentum for Solana amid Pantera's strategic move.

Cryptocurrency users settle with Sam Bankman-Fried in FTX lawsuit aftermath, seeking cooperation against other defendants. Bankman-Fried's settlement follows his prison sentence, prompting an appeal and spotlighting celebrity endorsements' impact on crypto accountability.

FTX plans to auction SOL tokens during its debt reorganization, leveraging Figure Markets' SPV for an inclusive approach. Investor interest in SOL surges, indicating confidence. This move navigates market complexities, managing FTX's assets strategically amidst challenges.

According to an unaudited report, Animoca Brands reportedly holds $291 million in cash and stablecoins.

Former FTX co-CEO Ryan Salame's sentencing rescheduled to May 28, reasons undisclosed. Despite pleading guilty, his role in the exchange's collapse remains unclear amidst ongoing legal proceedings.

FTX's recent sell-off of a significant portion of its Solana tokens at a discounted rate marks a step towards repaying its customers amidst bankruptcy. Despite initial concerns, the market reaction remained stable, with SOL maintaining its value. However, uncertainties persist regarding the impact on Solana's future and the method of customer reimbursement.