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U.S. President Donald Trump does not intend to grant a pardon to former FTX chief executive Sam Bankman-Fried, according to a White House spokesperson, shutting down months of speculation that the imprisoned crypto founder was attempting to secure clemency through a public political pivot. The spoke

A court-appointed administrator overseeing the dismantling of Terraform Labs (LUNC) has launched legal action against quantitative trading firm Jane Street, accusing the company of exploiting confidential information to trade profitably during the final days of the Terra ecosystem. The complaint, fi

The U.S. Securities and Exchange Commission said it has submitted proposed final consent judgments against Caroline Ellison, Gary Wang, and Nishad Singh, three key former lieutenants of Sam Bankman-Fried, seeking permanent antifraud injunctions and long-term leadership bans tied to the collapse of F

Caroline Ellison, former chief executive of Alameda Research and a central witness in the U.S. government’s case against FTX founder Sam Bankman-Fried, has been transferred out of federal prison just 11 months into her two-year sentence, according to new information confirmed by the Federal Bureau o