The estate of FTX has filed a lawsuit against rival firm Binance and its former CEO Changpeng Zhao in an effort to claw back nearly $1.8 billion linked to an allegedly “fraudulent” deal orchestrated ...
The trial over the Sam Bankman-Fried and the collapse of crypto trading firm FTX that erased $1 billion in customer funds will enter its 13th day on Thursday October 26 with more witnesses taking the ...
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...
Sept 24 (Reuters) - Customers whose money was frozen when crypto exchange FTX entered bankruptcy in 2022 suffered in at least two ways from the U.S. government’s rush to prosecute FTX CEO Sam ...
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN — People who had money in FTX at the time of its ...
FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. FTX said in a court ...
Nearly 400,000 FTX users risk losing $2.5 billion in crypto repayments unless they complete KYC verification before the extended June 1 deadline. Nearly 400,000 creditors of the bankrupt ...
Collapsed crypto exchange FTX and its sister trading firm Alameda Research must pay $12.7 billion to resolve a suit from the Commodity Futures Trading Commission, according to a court order on ...
Oct 26 (Reuters) - As FTX founder Sam Bankman-Fried prepares to takes the stand at his trial on charges of taking billions in customer funds, he is likely to be asked about online posts assuring users ...
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