Sam Bankman-Fried's jury only saw 'half the picture,' lawyer says in appealSam Bankman-Fried's lawyer has appealed his conviction, arguing that the jury saw only "half the picture" due to the exclusion of critical ...
14 Sep, 2024, 09.27 AM IST
Crypto exchange FTX ordered to pay $12.7 billion to customers, US CFTC saysFTX has said that its customers will receive 100% recovery on their claims against the company, based on the value of their accounts at the...
09 Aug, 2024, 10.04 AM IST
Sam Bankman-Fried urges lenient sentence, citing FTX fund recoveryBankman-Fried pleaded not guilty and is expected to appeal his conviction and sentence. He acknowledged making mistakes running FTX, but te...
28 Feb, 2024, 04.56 PM IST
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
FTX sues founder Sam Bankman-Fried's parentsFTX's lawsuit alleges that Bankman and Fried accepted a $10-million cash gift and a $16.4-million luxury property in the Bahamas from FTX, ...
19 Sep, 2023, 07.53 PM IST
Bankrupt crypto lender Voyager Digital predicts 35% customer payoutCryptocurrency lender Voyager Digital said Wednesday that customers will soon recover about 35% of their cryptocurrency deposits as the com...
18 May, 2023, 08.10 AM IST
Bankrupt crypto lender Voyager Digital predicts 35% customer payoutVoyager filed for bankruptcy protection in July, citing volatility in cryptocurrency markets and a default on a large loan made to crypto h...
18 May, 2023, 12.19 AM IST
Bankrupt crypto exchange FTX has recovered $7.3 billion in assetsFTX has benefited from a recent rise in crypto prices, Dietderich said. Its total recovery would be valued at $6.2 billion based on crypto ...
13 Apr, 2023, 08.34 AM IST
FTX reports $415 million in hacked crypto, Bankman-Fried says FTX US is solventFTX has said it had recovered over $5 billion in crypto, cash and liquid securities, but that significant shortfalls remained at both its i...
18 Jan, 2023, 12.15 PM IST
FTX says $415 million in crypto was hackedThe crypto assets recovered to date include $685 million in Solana, $529 million in FTX's proprietary FTT token and $268 million in bitcoin...
18 Jan, 2023, 08.13 AM IST
FTX teams in U.S., Bahamas to coordinate fund recovery effortsThe U.S. team has argued that those assets must be part of the U.S. bankruptcy, because FTX Digital Markets is only a "local service compan...
07 Jan, 2023, 11.20 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
Binance pledges to create crypto industry recovery fund, calls for regulationThe recovery fund will help "reduce further cascading negative effects of FTX," Zhao said in a tweet on Monday, targeting projects that are...
14 Nov, 2022, 05.18 PM IST
Binance backs out of FTX bailout; investors lose more than $180 billionBinance has scrapped its letter of intent to buy rival crypto exchange FTX after due diligence. Furthermore, there are several reports that...
10 Nov, 2022, 08.50 PM IST
FTX failure wipes out over $150 billion from crypto m-cap; gloomy road for the rattled investorsCoinDCX Research said that Sam Bankman-Fried’s FTX worries about how FTX's liquidity and solvency problems raised questions about the healt...
09 Nov, 2022, 07.04 PM IST
Crypto exchange FTX to acquire bankrupt Voyager's assetsCrypto lenders including Voyager boomed during the COVID-19 pandemic, luring depositors with high interest rates and easy access to loans r...
27 Sep, 2022, 03.51 PM IST
Crypto exchange FTX to acquire bankrupt Voyager's assetsCrypto lenders including Voyager boomed during the COVID-19 pandemic, luring depositors with high interest rates and easy access to loans r...
27 Sep, 2022, 09.46 AM IST