In January 2024, the Third Circuit issued a decision in ‘FTX Trading Ltd.’ that bankruptcy practitioners feared could have nationwide consequences for Chapter 11 proceedings. William Curtin and ...

FTX and Alameda Research collapsed in November 2022, causing approximately $8 billion in losses to customers of the now-bankrupt exchange. The FTX bankruptcy estate seeks to recover over $100 million ...

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 ...

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 ...

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 ...

Once the highest-flying of cryptocurrency highfliers, the FTX crypto exchange is now in bankruptcy. Its founder, Sam Bankman-Fried, is in prison, along with a couple of his cronies. Its customers will ...

FTX, the bankrupt cryptocurrency exchange formerly helmed by fraudster Sam Bankman-Fried, has agreed to pay $12.7 billion to customers blindsided by Bankman-Fried's deceptions covering up FTX's ...

The FTX Recovery Trust, a legal entity established to manage the bankruptcy estate of FTX Trading Ltd. following its collapse in November 2022, has recently filed a lawsuit aiming to reclaim more than ...

Bankrupt cryptocurrency exchange FTX is facing fresh scrutiny from users fighting for at least $2.2 billion worth of disputed claims still pending approval, with numerous creditors continuing to ...

Ryan Salame, once a high-ranking executive at bankrupt cryptocurrency company FTX, took to LinkedIn this week to share that he is starting a new position — as an inmate in federal prison. Salame was ...

Oct 9 (Reuters) - A group of FTX investors told a Miami federal court Wednesday that they are voluntarily dismissing, opens new tab their proposed class action against prominent U.S. law firm Sullivan ...