FTX announces distributions for Convenience Class claims under $50,000 starting Feb 18, 2025. Funds include adjudicated claim ...

In November 2022, an article revealed that FTX was co-mingling customer funds with Alameda Research, a crypto hedge fund also run by SBF. Binance, the largest crypto exchange, began liquidating ...

We must learn from the historic collapse of Sam Bankman-Fried’s FTX cryptocurrency exchange before the world economy suffers ... How? In government, central planners pick an end they want to achieve — ...

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 ...

FTX said on Friday that it had reached a settlement with the venture firm K5 Global, ending its efforts to claw back cash from one of Sam Bankman-Fried’s largest tech investments before his crypto exc ...

Cryptocurrency exchange FTX owes its 50 largest creditors almost $3.1bn (£2.6bn), according to a court filing. The embattled firm, which filed for bankruptcy in the US last week, says it owes ...

According to LayerZero Labs co-founder and CEO Bryan Pellegrino, the firm’s “original repurchase” had been returned to FTX ...

Backpack Exchange, a centralized cryptocurrency platform, has responded to claims made by the FTX Recovery Trust disputing the legality of its acquisition of FTX EU. On Jan. 8, Backpack said it ...

For comparison, FTX’s fall represented a fraud of over $8 billion, or less than half the corresponding amount of bitcoin lost with Mt. Gox. Sam Bankman-Fried’s exchange was a prominent one, but it ...

(Bloomberg) -- Backpack Exchange, a crypto trading platform founded by one-time employees of Sam Bankman-Fried’s FTX and Alameda ... not serving a single trade in the EU until we have the ...

The collapse of FTX, already one of the most spectacular disasters in financial history, worsened as hundreds of millions of dollars were drained from the cryptocurrency exchange hours after it ...

but analytics firm Elliptic estimated Saturday that $477 million was missing from the exchange. FTX's new CEO John Ray III said it was switching off the ability to trade or withdraw funds and ...