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
Bankrupt crypto exchange FTX allowed to crypto holdings worth $3.4 bnThe US authorities charged him with wire fraud, conspiracy to commit money laundering and conspiracy to misuse customer funds. He is also f...
14 Sep, 2023, 10.45 AM IST
FTX begins talks to relaunch international cryptocurrency exchange: WSJThe company "has begun the process of soliciting interested parties to the reboot of the FTX.com exchange," Ray said, according to the Jour...
28 Jun, 2023, 08.30 PM IST
FTX begins talks to relaunch international cryptocurrency exchange: reportBankrupt FTX is moving ahead with efforts to revive its flagship international cryptocurrency exchange, the Wall Street Journal reported on...
28 Jun, 2023, 08.08 PM IST
Judge in FTX bankruptcy rejects media challenge, says customer names can remain secretThe names of individual customers of collapsed cryptocurrency exchange FTX Trading can be permanently shielded from public disclosure, a De...
10 Jun, 2023, 08.15 PM IST
FTX customer names will not be revealed by bankruptcy courtCryptocurrency exchange FTX has been granted permission by a US judge to redact the names of its individual customers from bankruptcy filin...
10 Jun, 2023, 12.41 PM IST
FTX customer names will not be revealed by bankruptcy courtUS Bankruptcy Judge John Dorsey in Wilmington, Delaware, ruled that FTX can permanently redact the names of individual customers from its b...
10 Jun, 2023, 08.16 AM IST
FTX US judge expresses doubts about parallel Bahamian bankruptcyLiquidators for FTX Digital Markets, the exchange's Bahamas-based subsidiary, have asked US Bankruptcy Judge John Dorsey to let them seek a...
09 Jun, 2023, 11.54 AM IST
FTX gets approval for $50-million LedgerX sale, asserts $3.9-billion Genesis claimAs part of that broader effort, FTX on Wednesday said it would seek repayment of nearly $4 billion from Genesis Global Capital (GGC), the b...
05 May, 2023, 08.31 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 transferred $2.2 billion to Bankman-Fried via related entities, new managers sayFTX also disclosed that more than $3.2 billion was transferred through payments and loans to company founders and key employees. These paym...
16 Mar, 2023, 11.28 AM IST
Bahamas regulator sticks to estimate of FTX assetsLast month, the SCB said it had seized more than $3.5 billion in cryptocurrency from the unit, FTX Digital Markets, which it was holding fo...
03 Jan, 2023, 03.49 PM IST
Bahamas regulator sticks to estimate of FTX assetsLast month, the SCB said it had seized more than $3.5 billion in cryptocurrency from the unit, FTX Digital Markets, which it was holding fo...
03 Jan, 2023, 10.32 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
Crypto meltdown a boon for bankruptcy lawyersLarge law firms can rake in more than $100 million in legal fees during a long-running bankruptcy, experts said. "You've got to pay the gra...
02 Dec, 2022, 04.44 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's Bahamas unit seeks Chapter 15 bankruptcy protectionThis move allows a foreign debtor to shield assets in the country. Non-U.S.-companies use the measure to block creditors who want to file l...
16 Nov, 2022, 04.42 PM IST