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Bitcoin News / Bitcoin.com - 2 years ago

US Government Seizes Robinhood Shares Linked to FTX Founder Sam Bankman-Fried

The U.S. Department of Justice (DOJ) is in the process of seizing Robinhood shares, worth about $460 million, that are linked to former FTX CEO Sam Bankman-Fried (SBF). “We believe that these assets are not property of the bankruptcy estate or...

Bitcoin News / Bitcoinist - 2 years ago

FTX Linked Robinhood Shares Worth $460 Million To Be Seized By U.S. Justice Department

The United States Department of Justice is now stepping in to take control of matters in the ongoing brouhaha involving the now-defunct crypto exchange FTX and other parties. The DOJ is now working on a plan to seize Robinhood Markets shares related...

Bitcoin News / Bitcoin.com - 2 years ago

Bahamas Regulator Disputes FTX’s Claim About Value of Seized Cryptocurrencies

The Securities Commission of the Bahamas has disputed FTX’s claim that the value of the cryptocurrencies it seized from the bankrupt crypto exchange was not $3.5 billion. The new FTX chief’s “continued lack of diligence when making...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

US authorities are seizing $460M in Robinhood shares tied to FTX: Report

Officials reportedly told a bankruptcy judge they were in the process of seizing 56 million shares of Robinhood tied to FTX and its former CEO, Sam Bankman-Fried. The...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

MEXC launches $20M ecosystem fund to support Sei Network

A layer 1 blockchain designed for trading, Sei Network previously raised $5 million in funding in August. According to a blog post published on Jan. 4, Singapore-base...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Iran court orders the release of seized crypto mining equipment

Judicial rulings require Iranian authorities to release a part of the 150,000 crypto mining equipment previously seized due to energy concerns. Iranian authorities sei...

Bitcoin News / Bitcoin.com - 2 years ago

Iran Returns Seized Crypto Mining Equipment to Miners

A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed mine...

Cryptocoins News / Blockchain  - 2 years ago

US Officials Seized $460M In Robinhood Shares Related To FTX

Robinhood shares tied to FTX were confiscated by the U.S. Department of Justice for over $400 million. Sam Bankman-Fried denied eight felony charges, including wire, securities, and campaign financing offenses. Since December, the former FTX CEO has...