Lewis A Kaplan | FinTelegram News

Tag: Lewis A Kaplan

November 20, 2024

Bravo: Former FTX Executive Avoids Jail Because of Cooperation with Law Enforcement!

Gary Wang, the last close associate of FTX founder Sam Bankman-Fried (SBF), has avoided prison after receiving three years of supervised release. His cooperation with U.S. prosecutors in exposing the $8 billion fraud was pivotal, earning him praise from Judge Lewis A. Kaplan. The collapse of the US crypto exchange FTX in November 2022 marked the beginning of the last crypto winter.

September 15, 2024

Timing is Everything: FTX Founder Sam Bankman-Fried Fights Conviction as FTX Estate Sits on Billions!

Sam Bankman-Fried (SBF), the convicted former CEO of FTX, is seeking a new trial. He claims that the judge presiding over his case showed bias and repeatedly ridiculed him in front of the jury. His legal team argues that Judge Lewis A. Kaplan's conduct, including alleged disapproving facial expressions and frequent interruptions, violated SBF's constitutional rights to a fair trial. This appeal adds a new twist to the high-profile case surrounding the collapse of the crypto exchange FTX.

February 28, 2024

Breaking: Convicted FTX Founder Sam Bankman-Fried Seeks Leniency in Sentencing!

Sam Bankman-Fried (SBF), the founder of the now-defunct crypto exchange FTX, has approached a Manhattan federal court, seeking a considerably reduced sentence following his conviction for a multi-billion-dollar fraud. In a late-night plea to U.S. District Judge Lewis A. Kaplan, SBF advocated for a sentence of no more than six-and-a-half years in prison, a stark contrast to the federal sentencing guidelines that suggest a maximum of 110 years.

The Unraveling of Rabidi and the Rise of the SoftSwiss Network: Our Updated Forensic Report

A few months ago, FinTelegram released a first forensic report on the bankruptcy of Rabidi N.V., a Curacao-registered online casino operator with hundreds of millions in revenues — and no traceable assets by the time of its collapse in May 2024. That report already raised serious questions about the opaque structures behind Rabidi’s operations and its successor, Liernin Enterprises Ltd.

DeFi Decoded: Smart Contracts – The Code Behind the DeFi Revolution

Smart contracts are the invisible architects of decentralized finance. These self-executing lines of code run everything from token swaps to lending platforms without middlemen. But while they offer autonomy, they also introduce new risks—bugs, exploits, and irreversible mistakes. In this fourth installment of our FinTelegram DeFi Series, we explain what smart contracts are.

CFTC

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.