Caroline Ellison‘s role in the FTX collapse has drawn significant attention as the scandal continues to unfold. As the former CEO of Alameda Research, Ellison’s actions have sparked debates about her ...
Nearly all customers of FTX will get their money back, plus interest, after the cryptocurrency exchange imploded 17 months ago. FTX, which filed for bankruptcy protection in November 2022, said in a ...
The former exchange explained that when the FTX Debtors sell locked digital assets, the terms and conditions governing the schedule for unlocking the holdings would still stand. As the bankrupt FTX ...
FTX, the bankrupt cryptocurrency exchange formerly helmed by fraudster Sam Bankman-Fried, has agreed to pay $12.7 billion to customers blindsided by Bankman-Fried’s deceptions covering up FTX’s ...
Some customers of the failed cryptocurrency exchange FTX could receive the full value of the money they lost if a court approves the company's bankruptcy plan. However, they will not see the gains on ...
FTX, the crypto exchange founded by Sam Bankman-Fried, reached an agreement to sell the majority of its stake in artificial intelligence startup Anthropic for $884 million. The top buyer is a group ...
NEW YORK, Feb 22 (Reuters) - Bankrupt crypto exchange FTX may sell its shares in artificial intelligence startup Anthropic, a U.S. judge ruled Thursday. U.S. Bankruptcy Judge John Dorsey in Wilmington ...
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 ...
Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value. FTX creditors will only get 10–25% of their cryptocurrency back, ...
NEW YORK, Jan 11 (Reuters) - Dozens of FTX customers have asked a U.S. bankruptcy judge to stop the collapsed crypto exchange from using 2022 prices to value their cryptocurrency deposits, saying that ...
Bankrupt cryptocurrency exchange FTX has struck $884 million in deals with two dozen buyers, including an Abu Dhabi investor, to sell most of its shares in Anthropic, an artificial-intelligence ...
Phase one of the trial was exciting. Former FTX exchange insiders told a jury that Sam Bankman-Fried had directed them to let his hedge fund Alameda “borrow” billions of dollars from exchange ...