FTX said that 98% of FTX customers will receive at least 118% of their claims, and others will receive 100% plus billions of dollars in compensation for the time value of their money.
People who had money in FTX at the time of its collapse nearly 18 months ago got very lucky this week, as far as bankruptcy ...
Fallen cryptocurrency exchange FTX has raked in billions of dollars more than it needs to fully pay back customers who lost ...
FTX bankruptcy lawyers said it would have between $14.5 and $16.3 billion to distribute — mostly from Alameda or FTX Ventures ...
FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will ...
Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would ...
The criminal judgment of bitcoin billionaires Changpeng Zhao and Sam Bankman-Fried was completed this week, the final chapter ...
Defunct crypto exchange FTX said it will have more than enough money to fully repay its millions of swindled customers with ...
Meanwhile, the recent sentencing of former FTX CEO Sam Bankman-Fried to 25 years in prison adds another layer of gravity to the situation. According to the report, Judge Lewis Kaplan of the United ...
Ethereum incubator ConsenSys sued the U.S. Securities and Exchange Commission (SEC) for an injunction asking a federal court to block ...
Zhao's sentencing comes shortly after Sam Bankman-Fried was sentenced to 25 years in prison for fraud committed at his rival ...
But it also raises a question: Was Sam Bankman-Fried, the former FTX leader who was ... for excluding evidence and testimony that Bankman-Fried could make customers whole.) At Bankman-Fried’s ...