News list for " former executive"
The US government is negotiating with several political action committees (PACs) to return up to $13.25 million in political donations donated by former FTX executives. The request has been approved by Judge Lewis Kaplan, who is in charge of the FTX case, and the government will continue to discuss the forfeiture of the funds with the PAC until January 15. The data show that the donations were made by FTX founder Sam Bankman-Fried or former engineering director Nishad Singh, who testified that s...
Lawyers for former FTX executive Ryan Salame have asked the court to delay his jail time from October 11 to December 7, the second time Ryan Salame has asked for a delay in serving his sentence. His lawyers say the government does not agree to their request. Lawyers say Ryan Salame needs continued treatment after being bitten by a dog over the summer.
Three former Revolut executives launched Neverless, an app that allows commission-free crypto trading and investing in an automated investment account. Neverless allows users to buy and sell cryptocurrencies with zero fees. It is reported that a few months ago, the company was registered with the Bank of Spain as a virtual asset service provider (VASP).
OpenAI has hired Irina Kaufman, a former Meta Platforms executive, to lead the strategic plan. Reporting directly to Mira Murati, OpenAI's chief technology officer (CTO), Kofman will initially focus on security and preparation. Kofman is understood to have worked at Zuckerberg's Meta for five years and most recently served as senior director of generative AI product management.
According to CoinDesk, Richard Kim, a former Galaxy executive, said in an interview that after raising a $7 million seed round for Zero Edge less than a month ago, Kim traded leveraged cryptocurrencies and suffered heavy losses due to the bitcoin price drop in June. Galaxy became one of several victim investors after Kim admitted to embezzling at least $3.67 million of company funds from Zero Edge. A Galaxy spokesperson said: "Kim left Galaxy in March 2024.
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