(Bloomberg) -- FTX Group unveiled a draft creditor-repayment plan as part of its bankruptcy that calls for settling customer claims in cash and wiping out its digital token FTT. The plan — which FTX ...
Former FTX US president Brett Harrison’s new company, Architect, gains Bermuda approval to offer perpetual futures for stocks, FX and commodities.
The CEO and co-founder of Vancouver-based Web3 startup LayerZero Labs is vigorously defending the startup against a lawsuit FTX has filed against LayerZero. The case in question revolves around ...
Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing US$8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the ...
The FTX Recovery Trust has withdrawn its motion blocking distributions to restricted regions. The move frees roughly $500 ...
Sam Bankman-Fried.Chelsea Jia Feng/Insider. In an unusual, tense hearing Thursday afternoon, the judge in Sam Bankman-Fried's criminal fraud trial criticized his "interesting," often circuitous ...
(Bloomberg) -- Sam Bankman-Fried, one of the largest donors in the 2022 election cycle, used money from FTX customer funds to illegally contribute to political campaigns and directed other company ...
Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8-billion was “fraudulently transferred” by FTX management to Binance and its executives. The ...
FTX’s Bahamian liquidators are seeking to recover a total $9.15bn from the crypto exchange’s US entities with some 84 percent of this sum involving assets that were “misappropriated” prior to its late ...
FTX invested $500 million in Anthropic, the AI startup, last year. Anthropic looks set to be valued at $30 billion as it is in talks with Google for further investment. Prosecutors argue that the ...
Sam Bankman-Fried apologized from the witness stand 11 times during a highly unusual hearing without any jurors.