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FTX GROUP
FTX expects US to reduce bankruptcy claim to $3 billion to $5 billionFTX expects U.S. gov claims in bankruptcy to decrease to $3-5 billion, leaving no money for shareholders. Founder's false claims about harm...22 Mar, 2024, 09.19 AM IST- Crypto exchange FTX to sell shares in AI startup AnthropicFTX invested $500 million in Anthropic in 2021, and currently holds a 7.84% stake in the company, according to court documents. The company...23 Feb, 2024, 09.43 AM IST
- FTX customers are still grappling with crypto platform's collapseFTX founder and former-CEO Sam Bankman-Fried is accused of embezzling $10 billion from unsuspecting customers to prop up his hedge fund Ala...05 Oct, 2023, 10.23 PM IST
- Bankman-Fried's former crypto exchange outlines plan for potential rebootMore than 75 bidders have been contacted by the FTX estate since May to gauge industry interest in backing a relaunch of the exchange, acco...12 Sep, 2023, 06.28 AM IST
- FTX collapse: a dizzying concoction of 'hubris, greed and incompetence', reveals debtors' reportThe report is the first released by FTX debtors since Sam Bankman-Fried’s digital-asset empire rapidly collapsed into bankruptcy in Novembe...10 Apr, 2023, 10.43 AM IST
- FTX seeks court rulings on asset sales, customer privacyFTX will ask US Bankruptcy Judge John Dorsey in Delaware to approve procedures for selling affiliates LedgerX, Embed, FTX Japan and FTX Eur...11 Jan, 2023, 04.36 PM IST
- FTX customers file class action to lay claim to dwindling assetsThe lawsuit is the latest legal effort to lay claim to the dwindling assets of FTX, which is already feuding with liquidators in the Bahama...28 Dec, 2022, 08.08 AM IST
- FTX debtors file bidding procedures motion for sale of four businessesDebtors of the bankrupt cryptocurrency exchange intend to conduct auctions for Embed, LedgerX, FTX Japan and FTX Europe businesses, accordi...16 Dec, 2022, 07.27 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
- New CEO outlines FTX collapse in congressional hearingTells lawmakers the collapse stems from poor management practices and inexperienced individuals at the helm13 Dec, 2022, 10.38 PM IST
- What happened to world’s largest cryptocurrency exchanges, FTX? A timelineThe dramatic collapse of FTX has seriously damaged the Bahamas' image as a nation with efficient regulation of the digital asset industry.25 Nov, 2022, 06.50 PM IST
- Sam Bankman-Fried's FTX, senior staff, parents bought Bahamas property worth $300 millionWhile it is known that FTX and its employees bought real estate in the Bahamas, where it established its headquarters in September last yea...23 Nov, 2022, 07.28 AM 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
- Shocked by revelations about FTX and SBF: Paradigm's Matt HuangMatt Huang, the cofounder of Paradigm - a crypto/Web3 investment firm that backed FTX and its owner Sam Bankman Fried - said his firm was s...17 Nov, 2022, 10.08 AM IST
- FTX in touch with regulators, may have 1 million creditors, say filingsFTX's filing to a U.S. bankruptcy court, published late on Monday in the United States, said it was in contact with financial regulators an...15 Nov, 2022, 04.32 PM IST
- Never invest because of FOMO: former SoftBank COO Marcelo Claure after FTX debacleMasayoshi Son’s telecoms and technology conglomerate SoftBank is expected to have written down $100 million after FTX meltdown.13 Nov, 2022, 02.56 PM IST
- Here's what FTX's investors have to sayRegulators froze some assets of distressed cryptocurrency exchange FTX and industry peers are trying to limit losses, while FTX chief execu...13 Nov, 2022, 01.37 PM IST
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