FTX Trading Ltd. was one of the largest cryptocurrency exchange firms, known for its specialty in buying and selling crypto derivatives, and once valued at about $40 billion—here’s how it went ...
Backpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022. But the road wasn’t easy. FTX co-led Backpack’s $20 million strategic ...
Bankrupt crypto exchange FTX has said it should not have to pay a massive $1.53 billion recovery claim by Three Arrows Capital, arguing in a recent court filing that the crypto hedge fund’s “own risky ...
Failed crypto exchange FTX’s payment plan is now effective. As per the plan, certain FTX clients who may be claiming an amount less than $50,000 may expect to get their funds returned within the next ...
Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation. Lawyers handling the FTX bankruptcy case are ...
The US Department of Justice (DOJ) has reportedly unsealed indictments that have been made against three people for allegedly stealing more than $400 million from the bankrupt crypto exchange FTX.
Cryptocurrency exchange FTX is seeking to recover around $4 billion from similarly bankrupt crypto lender Genesis and a still-solvent British Virgin Islands-based entity — part of efforts to recover ...
Prosecutors in the criminal fraud case have built the most intricate account to date of the cryptocurrency exchange’s frantic final days. By David Yaffe-Bellany Reporting from the Daniel Patrick ...
Bankruptcy lawyers for FTX said customers of the cryptocurrency exchange were set to get all their money back, plus interest. By David Yaffe-Bellany Reporting from San Francisco Customers of the ...
The FTX Recovery Trust has sued the Bitcoin miner Genesis Digital Assets to recover $1.15 billion that it claims the bankrupt crypto exchange's co-founder, Sam Bankman-Fried "SBF," had fraudulently ...
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