Attorneys for people who lost money in the FTX cryptocurrency exchange’s collapse will have about two additional months to finalize a global settlement with promoters, insiders, and others, a federal ...
But no such tricks came to his rescue as the White House has officially made it clear that Trump has no intention of pardoning Bankman-Fried. A White House spokesperson reiterated to Fortune that the ...
In a Sunday filing with a Delaware court, FTX cites a 2021 transaction in which Binance, Zhao and others exited their investment in FTX, selling a 20% stake in the platform and a 18.4% stake in its ...
Bankman-Fried says testimony omitted from his 2023 trial rebuts prosecutors' "centerpiece" argument that he stole $8 billion ...
Former FTX data head backs retrial bid. Filing challenges prosecution’s insolvency narrative. Motion alleges pressure on potential defense witnesses. Sam Bankman-Fried’s (SBF) bid for a ...
(Reuters) -A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday. FTX drew customers ...
Binance, one of the world’s largest crypto exchanges, is making a play for its competitor FTX Trading, which was on its own acquisition spree before reports surfaced that it was battling insolvency.
The industry continues to deal with the collapse of Sam Bankman-Fried’s FTX exchange. Hopefully, the long wait for FTX’s former crypto exchange users will soon come to an end. After two years of being ...
As part of the acquisition, Backpack EU will be responsible for distributing court-approved bankruptcy claims to FTX EU customers. Backpack, a centralized cryptocurrency exchange (CEX) founded by ...
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 ...
Call it a slam dunk win for one of the lead attorneys helping FTX through its bankruptcy. Brian Glueckstein, a lawyer with the powerful law firm Sullivan & Cromwell steering doomed crypto exchange FTX ...
The prices of Bitcoin and other digital assets were significantly lower during the 2022 collapse of FTX compared to current market prices. The FTX bankruptcy estate agreed to a $228 million settlement ...