FTX

After years of uncertainty, cryptocurrency exchange FTX, previously led by disgraced founder Sam Bankman Fried, has announced the effective date of its Chapter 11 reorganization plan aimed at distributing funds to... Affected…

On November 11, 2022, FTX's then-CEO Sam Bankman-Fried resigned, handing the reins of the company to John Ray, who immediately filed for Chapter 11 bankruptcy protection in the United States. This day marked the beginning of the end for…

The management of the bankrupt cryptocurrency exchange FTX has launched a lawsuit against American financier Anthony Scaramucci and his hedge fund company SkyBridge Capital to recover funds invested by the exchange's former CEO Sam…

FTX has filed a lawsuit against Anthony Scaramucci and his hedge fund SkyBridge Capital as part of a broader effort to recover money for the bankrupt company's creditors. The lawsuit against the former White House communications…

In an ongoing bid to reclaim assets to repay creditors hurt by its 2022 collapse, defunct cryptocurrency exchange FTX, which was run by disgraced convict Sam Bankman Fried for 25 years, has reached an agreement with UAE-based…

According to A a report By cryptocurrency research firm K33 Research Bitcoin (BTC) price could benefit from the latest developments in the FTX bankruptcy saga. FTX payouts could be bullish for Bitcoin Analysts at K33 note that…

Written by Dietrich Knuth NEW YORK (Reuters) - FTX received court approval for its bankruptcy plan on Monday, which will allow it to repay customers in full using up to $16.5 billion in assets recovered since the collapse of the…

Users were confused by the news that FTX clients would receive between 10% and 25% of the value of their deposited cryptocurrency assets. Why did this happen? Sunil Kavori, one of the creditors, recently said that several other changes are…

On Tuesday, former FTX CEO Caroline Ellison stood on a podium on the 21st floor of a Manhattan courthouse, her voice cracking as she asked the judge to reduce her sentence. Her parents and two younger sisters watched as she addressed the…

The U.S. Securities and Exchange Commission (SEC) has reached a settlement with auditing firm Prager Metis, which agreed to pay $1.95 million to resolve allegations of misconduct related to its audits of now-defunct cryptocurrency…