In February, the distressed crypto currency trading platform had $6.4 billion in cash. Earlier this year, FTX founder Sam ...
Chief Executive Officer and founder Sam Bankman-Fried resigned when the exchange collapsed. In March he was sentenced to 25 years in prison for the huge fraud that occurred at FTX. Bankman-Fried was ...
Presented to the U.S. Bankruptcy Court for the District of Delaware, the proposal encompasses nearly all of FTX's customers, ...
FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency ...
This decision follows the legal fallout of the exchange’s co-founder and former CEO, Sam Bankman-Fried ... Bankman-Fried was ...
Bankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago say ...
Fallen cryptocurrency exchange FTX has raked in billions of dollars more than it needs to fully pay back customers who lost ...
The former crypto exchange expects 98% of its creditors to receive approximately 118% of the amount of their allowed claims ...
CEO and founder Sam Bankman-Fried resigned when the exchange collapsed. In March he was sentenced to 25 years in prison for the massive fraud that occurred at FTX. Bankman-Fried was convicted in ...
FTX said Tuesday it had recovered assets associated with the exchange at the time of its collapse with an estimated value of between $14.5 billion and $16.3 billion.