FTX resolves dispute with Bahamian liquidatorsFTX and FTX Digital Markets have agreed to pool their assets and harmonise their approach to valuing customer claims to ensure equal treatm...
20 Dec, 2023, 09.15 AM IST
Sam Bankman-Fried's trial: four key points raised in opening statementsThe trial of FTX founder Sam Bankman-Fried began with opening statements from both the prosecution and defense. Prosecutors accused Bankman...
05 Oct, 2023, 10.44 AM IST
FTX's law firm is back in the cross-hairs as Sam Bankman-Fried kicks off defenseIndicted FTX founder Sam Bankman-Fried has renewed his attacks on the bankrupt cryptocurrency exchange's law firm as he mounts his defense ...
10 May, 2023, 08.36 AM IST
Bankrupt crypto firm FTX to sell LedgerX for $50 million"We are pleased to reach this agreement with MIH, which is an example of our continuing efforts to monetize assets to deliver recoveries to...
26 Apr, 2023, 09.35 AM IST
US Justice Department to intensify vigil on crypto sector in aftermath of charges against FTX CEO Sam BankmanA 25-member national team has been formed to intensify vigil around the crypto sector in the US. The US Justice Department oversees digital...
24 Dec, 2022, 11.52 PM IST
Democrats set aside donations from ex-FTX CEO Sam Bankman-FriedBankman-Fried, the former CEO of cryptocurrency exchange FTX, was a prolific political donor to individual lawmakers, official campaign com...
17 Dec, 2022, 07.12 PM IST
All eyes on Indian-origin Nishad Singh, close associate of former FTX CEOAfter the arrest of Sam Bankman-Fried (SBF), former CEO of bankrupt crypto exchange FTX, from the Bahamas, all eyes are now on his key asso...
16 Dec, 2022, 12.21 PM IST
New FTX CEO says lax oversight, bad decisions caused failureFTX CEO John Ray III, who has guided dozens of companies, including Enron, through bankruptcy restructuring, called FTX's collapse one of t...
14 Dec, 2022, 11.12 AM IST
Former FTX CEO Sam Bankman-Fried hit with eight count indictmentSam Bankman-Fried was charged with eight counts, ranging from wire fraud to money laundering to conspiracy to commit fraud on the United St...
13 Dec, 2022, 08.52 PM IST
Former FTX CEO Bankman-Fried says will testify to CongressIn a tweet that came in as a response to several tweets earlier this month from House Financial Services Committee Chair Maxine Waters, who...
09 Dec, 2022, 08.29 PM IST
Will testify before US House committee, says former FTX CEO Sam Bankman-FriedThe US House Financial Services Committee plans to hold a hearing in December to investigate the collapse of FTX and expects to hear from t...
05 Dec, 2022, 09.18 AM IST
FTX was run as 'personal fiefdom,' faces hacks, missing assets, attorneys sayIn the highest-profile crypto blowup to date, FTX filed for protection in the United States after traders pulled $6 billion from the platfo...
23 Nov, 2022, 11.57 AM IST
- FTX Collapse Ain't Cryptic
I thought I'd seen it all, but FTX has something new. When FTX filed bankruptcy on November 11, its filing listed companies that FTX neithe...
21 Nov, 2022, 11.30 PM IST
New CEO calls FTX's corporate control a 'complete failure'FTX collapsed last week after a run on deposits exposed a deep financial hole in the business. Last Friday, the company filed for bankruptc...
18 Nov, 2022, 09.00 AM IST
FTX founder Sam Bankman-Fried attempts to raise cash: reportAccording to the report, Bankman-Fried and some of the employees left at FTX spent the last week making calls to prospective investors in s...
16 Nov, 2022, 10.27 AM IST
Cryptocurrencies plunge as Binance scraps deal for rival FTXBitcoin sank to a two-year low after Binance confirmed earlier rumors and news reports that it was ready to back out of the FTX deal, struc...
10 Nov, 2022, 01.57 PM IST
World's largest crypto exchange Binance to acquire rival FTX unitThe company had signed a non-binding agreement to buy rival FTX's unit, FTX.com pending due diligence, Zhao said. However, Binance has the ...
08 Nov, 2022, 11.19 PM IST