The highly anticipated criminal trial for Sam Bankman-Fried, former CEO of bankrupt crypto exchange FTX, started Tuesday to determine whether he’s guilty of seven counts of fraud and conspiracy. And ...
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...
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 trial over the Sam Bankman-Fried and the collapse of crypto trading firm FTX that erased $1 billion in customer funds will enter its 13th day on Thursday October 26 with more witnesses taking the ...
NEW YORK, June 25 (Reuters) - Bankrupt crypto exchange FTX received court approval on Tuesday to solicit creditor votes on a liquidation plan that would pay FTX customers back in cash, over the ...
FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. FTX said in a court ...
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN — People who had money in FTX at the time of its ...
The estate of FTX has filed a lawsuit against rival firm Binance and its former CEO Changpeng Zhao in an effort to claw back nearly $1.8 billion linked to an allegedly “fraudulent” deal orchestrated ...
NEW YORK, March 6 (Reuters) - Bankrupt crypto companies FTX and BlockFi have resolved their disputes stemming from the companies' collapses in 2022, with FTX agreeing to pay BlockFi up to $874 million ...
Errol Barnett is the anchor of the "CBS Morning News," streaming on CBS News 24/7, and CBS News national correspondent. He holds a distinct perspective on global events through a reporting career ...
Nearly 400,000 FTX users risk losing $2.5 billion in crypto repayments unless they complete KYC verification before the extended June 1 deadline. Nearly 400,000 creditors of the bankrupt ...
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