Welcome to our live coverage of the trial of FTX founder Sam-Bankman-Fried ... Ellison responded that she wanted to preserve morale. To conclude the testimony, prosecutor Danielle Sassoon brought ...
Creditors of the collapsed cryptocurrency exchange FTX with claims below $50,000 have started receiving their payouts, which include 9% annual interest accrued since November 2022. Multiple users ...
WELCOME TO OUR live coverage of the verdict in the trial of Sam-Bankman-Fried. The FTX founder has been found guilty on all seven charges and faces up to 115 years in prison. The guilty verdict ...
FTX has announced plans for upcoming repayments to creditors of the bankrupted crypto exchange after initiating its first round of reimbursements on Feb. 18. According to a Feb. 18 announcement ...
FTX has reached a settlement with K5 Global, a venture capital firm co-founded by a former aide in Hillary Clinton’s office, resolving a lawsuit that sought to recover $700 million in disputed ...
Defunct cryptocurrency exchange FTX has encountered issues with ineligible jurisdiction claims as it begins repaying creditors who lost funds in its high-profile bankruptcy case. On Feb. 18 ...
Two former FTX executives appear to have had time trimmed off their prison sentences for their roles in the multibillion-dollar fraud that led to the 2022 collapse of Sam Bankman-Fried’s ...
Gary Wang, the cofounder of FTX, has been a mysterious but critical player in the rise and spectacular fall of the crypto empire. After pleading guilty to fraud in December, Wang has been ...
Sean "Diddy" Combs has been "kind" to Sam Bankman-Fried, according to the embattled FTX founder. Bankman-Fried seemingly praised the disgraced rapper and Bad Boy Records founder during an ...
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 ...
Kent Nishimura / Los Angeles Times via Getty ImagesJohn J. Ray III, who led FTX’s restructuring and efforts to return billions of dollars to customers after it imploded in 2022, stands to ...
At least two unnamed companies have been taken in by an alleged shapeshifting fraudster selling millions of dollars in fake FTX liquidation claims by apparently using artificial intelligence to ...