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Stanford University to Return Millions in Gifts Linked to FTX amid Controversy

The move comes shortly after the beleaguered crypto exchange FTX filed a lawsuit against the parents of its founder, Joseph Bankman and Barbara Fried, both distinguished professors at Stanford Law School. Stanford University has decided to return millions of dollars in gifts it received from the now-bankrupt crypto exchange FTX following

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Stanford to return millions in crypto donations from FTX

The California-based university Stanford University said it plans to return all funds it received from the now defunct cryptocurrency exchange FTX, according to a report from Bloomberg. Stanford received a total of $5.5 million in gifts from FTX-related entities in the timespan between November 2021 and May 2022. In an email

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FTX founder’s parents sued, accused of stealing millions from crypto exchange

Debtors of the bankrupt cryptocurrency exchange FTX have launched action against the parents of FTX founder Sam Bankman-Fried, alleging that they misappropriated millions of dollars through their involvement in the exchange’s business.The counsel for FTX debtors and debtors-in-possession, represented by the law firm Sullivan & Cromwell, on Sept. 18 filed

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Millions in Bitcoin, Ether and Arbitrum Deposited to Exchanges By Jump Trading, Wintermute, Abraxas

Asset manager Abraxas Capital transferred 14,130 ETH – worth roughly $22.5 million – to Bitfinex in two transactions, blockchain analytics firm Arkham Intelligence noted in an X post. Major market maker Jump Trading sent nearly 236 BTC – worth $5.9 million – to Binance in one installment, Arkham added. Source

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FTX looks to claw back millions paid to Shaq, other celebrity endorsers

Advisers hired by FTX are looking to recoup some of the money the exchange paid to several sports stars for partnerships and endorsements. Alvarez & Marsal, financial advisers for Sam Bankman-Fried’s failed crypto exchange FTX, are reportedly probing whether millions of dollars paid to celebrity athletes, including tennis star Naomi Osaka

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Crypto whales shuffle millions via Binance amid regulatory scrutiny

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid executive departures and trading suspensions, Binance faces liquidity concerns as whale activity reveals a complex pattern. Binance, the world’s leading crypto exchange, remains under scrutiny while the community maintains a cautious stance concerning its general liquidity. In

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