FTX Begins Payouts to Creditors Under $50K: Recovery Could Reach $16B

FTX has started repaying creditors today (Tuesday), beginning with those in the “Convenience Class.” This group…

FTX Ordered to Pay $12.7 Billion in CFTC's Biggest Crypto Ruling

The Commodity Futures Trading Commission (CFTC) announced today (Thursday) that it has secured a $12.7 billion…

FTX's Former Executives Who Testified Against Sam Bankman-Fried Scheduled for Sentencing

Two FTX’s former executives who testified against the exchange’s founder, Sam Bankman-Fried, have been scheduled for…

FTX-Related Failures Led This Bank to $63 Million in Penalties

Silvergate Capital Corp., the parent of the now-collapsed crypto-friendly Silvergate Bank, and its top former executives…

CoinShares Sold £26.6 Million FTX Claim for a Profit

CoinShares, a European digital asset-focused investment company, has sold its claim from bankrupt crypto exchange FTX…

FTX Creditors Filed an Objection against Bankruptcy Reorganization Plan

A group of creditors of the now-collapsed FTX has moved to court, objecting to the crypto…

FTX Settles $24 Billion Tax Dispute with Internal Revenue Service

FTX has reached a settlement with its largest creditor, the Internal Revenue Service (IRS). This agreement…

FTX’s Former Executive Ryan Salame Sentenced to Over 7 Years for Fraud and Conspiracy

Ryan Salame, once a high-ranking executive at the cryptocurrency exchange FTX, has been sentenced to more…

Bankrupt FTX Plans to Pay Nearly All Customers 118% of Their Claims

Bankrupt cryptocurrency exchange FTX plans to repay 98 percent of its creditors up to 118 percent…

Sam Bankman-Fried Appeals Conviction Only 2 Weeks after Sentencing

Sam Bankman-Fried, the Founder and former CEO of the collapsed FTX, has challenged his conviction and…

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