FTX

FTX Exchange's Bankruptcy Team Discovers $8.7B Outstanding Debt to Customers

FTX Exchange Owes Customers a Staggering $8.7B, Bankruptcy Team Discloses

A recent report released by the FTX team investigating the financial state of the failed exchange has disclosed that the company owes its customers a

June 27, 2023

FTX Aims to Recover $700 Million from Bankman Fried’s Associates and Affiliated Funds

Cryptocurrency exchange FTX has taken legal action by filing a lawsuit in the United States Bankruptcy Court against several investment firms it was previously associated

June 23, 2023

Rising Bankruptcy Costs: FTX Faces $121.8 Million in Legal and Advisory Expenses

The defunct crypto exchange FTX is facing skyrocketing legal and advisory bills as it grapples with its bankruptcy proceedings. Recent data reveals that between February

June 21, 2023

SBF’s Trial to Proceed with Original 8 Criminal Charges, US Prosecutors Assert

In a significant development, the criminal trial of Sam Bankman-Fried, co-founder of FTX cryptocurrency exchange, is set to proceed with the original eight charges leveled

June 15, 2023

A federal judge rejected a request to transfer control of embattled FTX's $7.3 billion in disputed assets to the Bahamian judicial system.

Judge’s Decision: U.S. Courts to Manage $7.3B in Contested FTX Bankruptcy Assets

A recent bankruptcy hearing has resulted in a federal judge rejecting a request to transfer control of embattled cryptocurrency exchange FTX’s $7.3 billion in disputed

June 9, 2023

FTX bankrupt crypto exchange's wants to keep customer list holds significant value confidential away from public

FTX Bankers Seek to Protect ‘Extraordinarily Valuable’ Customer List from Public Disclosure

In the wake of FTX’s collapse, one asset stands out amidst the chaos: its extensive client base. The bankrupt crypto exchange’s customer list holds significant

June 9, 2023

Clash Between FTX and Genesis Over Zero Debt Claim

FTX Raises Questions Over Genesis’ Zero Debt Statement in New Challenge

Bankrupt cryptocurrency exchange FTX is locked in a fierce dispute with Genesis over claims that the latter owes it no money. FTX, asserting itself as

June 5, 2023

A Museum of Art has reached an agreement to return $550,000 in donations it received from crypto exchange FTX

FTX Donations: Met Museum Agrees to Return $550K in Controversial Funding

New York’s renowned Metropolitan Museum of Art has reached an agreement to return $550,000 in donations it received from crypto exchange FTX before its collapse

June 5, 2023

The legal case involving FTX exchange has taken a significant turn as it has been transferred to the Third Circuit Court of Appeals

FTX Fights for Survival as Case Heads to Appeals Court

The legal case involving the popular cryptocurrency exchange FTX has taken a significant turn as it has been transferred to the Third Circuit Court of

June 1, 2023

Sam Bankman-Fried said he relied on the advice of Silicon Valley law firm Fenwick & West in his defense against fraud charges.

Bankman-Fried Seeks to Use Law Firm Advice as Defense in FTX Fraud Case

Disgraced cryptocurrency exchange founder Sam Bankman-Fried said he relied on the advice of Silicon Valley law firm Fenwick & West in his defense against fraud

May 31, 2023

Temasek has cut the compensation of the team that recommended investing in the now-bankrupt cryptocurrency exchange FTX.

Temasek’s Losses on FTX Investment Lead to Pay Cuts

Singapore’s state investment firm Temasek has cut the compensation of the team that recommended investing in the now-bankrupt cryptocurrency exchange FTX. The announcement was made

May 29, 2023

The crypto exchange FTX collapsed in November 2022

FTX Exchange Collapses: What Happened and What’s Next?

The cryptocurrency exchange FTX collapsed in November 2022, shocking the global crypto markets. The collapse was caused by a number of factors, including a liquidity

May 23, 2023

FTX Token (FTT) Rallies 12% After Reports of Possible Trading Resume

FTX, the cryptocurrency exchange that filed for bankruptcy in November 2022, is reportedly considering a reboot. According to the latest court filings, new CEO John

May 23, 2023

FTX Claims Bankman-Fried Used Fraudulent Funds to Buy Fintech Company

Lawyers for FTX have filed a lawsuit against Sam Bankman-Fried, alleging that he fraudulently overpaid for a fintech company in order to use its assets

May 18, 2023

FTX founder Sam Bankman-Fried has requested a federal judge to drop the charges against him

FTX CEO Sam Bankman-Fried Seeks Dismissal of Market Manipulation Charges

FTX founder and former CEO Sam Bankman-Fried has requested a federal judge to drop the charges against him in a recent filing submitted to a

May 9, 2023

FTX’s bankruptcy proceedings have seen lawyers

Mainstream Media Steps Up Efforts to Obtain Non-US FTX User Identities

Four major media outlets in the United States – Bloomberg, Dow Jones, The New York Times, and the Financial Times – have filed a new

May 4, 2023