FTX chief restructuring officer and CEO John Ray III said the plan promises 100% return plus interest for non-governmental creditors. Bankrupt crypto trading platform FTX claims its amended ...

Fallen cryptocurrency exchange FTX has raked in billions of dollars more than it needs to fully pay back customers who lost funds in its November 2022 collapse. In a rare twist versus typical US ...

Kraken and Bitgo, the distribution agents selected by bankrupt exchange FTX, have confirmed that the second repayment for creditors will start soon. The two crypto firms sent emails to their customers ...

A US court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said Thursday. FTX drew customers in with “an ...

The efforts by former Sam Bankman-Fried to overturn or reopen his fraud conviction have suffered another setback after a US ...

Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries, plus interest, a ...

The US Attorney’s Office said Ryan Salame made a “demonstrably false” allegation by claiming prosecutors did not intend to continue investigating his partner, Michelle Bond. The United States Attorney ...

Editor’s Note (November 14, 2024): Since the publication of this article, FTX has intensified its efforts to recover assets through clawback litigation, with filings beginning in early November 2024, ...

(WJET/WFXP) — FTX, the now-bankrupt cryptocurrency exchange, announcing a proposed settlement for a nearly $24 billion tax claim with the IRS for $885 million. A motion filed in the Delaware ...

NEW YORK (Reuters) -A former auditor for FTX will pay $1.95 million to settle two U.S. Securities and Exchange Commission cases, including for alleged negligence in auditing the cryptocurrency ...

Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- Former FTX executive Ryan Salame has asked a US judge to either vacate his conviction or block any indictment of ...