The fallout from the spectacular implosion of crypto giant FTX has triggered a cascade of wide-reaching effects: It's ensnared a list of celebrities who endorsed the now-bankrupt platform, and ...
FTX and Alameda Research collapsed in November 2022, causing approximately $8 billion in losses to customers of the now-bankrupt exchange. The FTX bankruptcy estate seeks to recover over $100 million ...
The FTX estate alleges the funds were fraudulently transferred by Sam Bankman-Fried. The FTX estate alleges the funds were fraudulently transferred by Sam Bankman-Fried. is a news writer focused on ...
FTX's creditors will receive a share of their lost funds starting May 30, 2025. BitGo and Kraken — two of the approved distribution agents—are emailing clients to confirm that funds transferred from ...
Bankrupt crypto exchange FTX said the acquisition of its European arm FTX EU by crypto exchange Backpack has not been approved by the bankruptcy court, nor has Backpack been authorized to make ...
The FTX Recovery Trust will distribute more than $5 billion to creditors starting May 30, as part of its second payout under the Chapter 11 bankruptcy plan. This marks a significant step in addressing ...
The fall of FTX is among the most sudden and massive in recent history. Cryptocurrency exchange FTX collapsed from a multibillion-dollar corporate darling into a bankrupt cautionary tale within a ...