Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam Bankman-Fried through related entities, the company’s new management said. Overall more than $3.2 ...
Collapsed crypto exchange FTX and its sister trading firm Alameda Research must pay $12.7 billion to resolve a suit from the Commodity Futures Trading Commission, according to a court order on ...
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 ...
PALO ALTO, Calif.--(BUSINESS WIRE)--BitGo, the leading digital asset custody and security platform trusted by institutions since 2013, today announced it has entered into an agreement with FTX Trading ...
Despite the collapsed crypto exchange's claim of recovering enough funds to pay back most creditors, some former customers argue they’re being left in the lurch. Last month, lawyers overseeing FTX’s ...
FTX's creditors will receive a share of their lost funds starting May 30, 2025. BitGo and Kraken — two of the approved distribution agents—are emailing clients to confirm that funds transferred from ...
NEW YORK, Jan 11 (Reuters) - Dozens of FTX customers have asked a U.S. bankruptcy judge to stop the collapsed crypto exchange from using 2022 prices to value their cryptocurrency deposits, saying that ...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
Aditya Baradwaj can pinpoint the “exact moment” he knew the party was over for Sam Bankman-Fried and his once-booming FTX cryptocurrency empire. The scruffy, 31-year-old crypto kingpin had showered ...
NEW YORK, May 18 (Reuters) - Bankrupt crypto exchange FTX is seeking to claw back more than $240 million it paid for stock trading platform Embed, saying former FTX insiders did no investigation ...
Updating LinkedIn with a new job role is a rite of passage for many professionals, a chance to let the world know you’ve scrambled up another rung on the career ladder. But former FTX executive Ryan ...