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
Bankrupt crypto exchange FTX picks Galaxy to manage its digital assetsFTX filed for bankruptcy in November 2022 in the wake of claims that the company misused and lost billions of dollars worth of customers' c...
24 Aug, 2023, 10.16 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 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 points to cost, cyber risk as it opposes independent bankruptcy investigationFTX attorney James Bromley at Monday's hearing told Judge John Dorsey, who is overseeing the crypto exchange's Chapter 11 case, that the pr...
07 Feb, 2023, 10.33 AM IST
FTX judge weighs demand for independent bankruptcy investigationThe U.S. Department of Justice's bankruptcy watchdog has urged U.S. Bankruptcy Judge John Dorsey, who is overseeing FTX's Chapter 11, to ap...
06 Feb, 2023, 08.44 PM IST
FTX judge weighs demand for independent bankruptcy investigationFTX says an examiner would merely duplicate work already being done by FTX, its creditors, and law enforcement agencies.
06 Feb, 2023, 05.01 PM IST
FTX opposes new bankruptcy investigation as it probes Bankman-Fried connectionsFTX acknowledged "fraud, dishonesty, incompetence, misconduct, mismanagement, and irregularity" in its past conduct, but said that its prev...
27 Jan, 2023, 12.33 AM IST
US treasury, financial watchdogs, companies among FTX creditors: filingThe US Treasury's Financial Crimes Enforcement Network (FinCEN) and US Internal Revenue Service (IRS) are among those owed money by FTX.
26 Jan, 2023, 08.33 PM 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 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 gets official creditors' committee in its bankruptcy caseThe committee - which includes a mix of individual account holders, investment funds, and an affiliate of U.S. crypto firm Genesis - will r...
16 Dec, 2022, 10.58 AM IST
Smartkarma Research: FTX Fallout - A Quick UpdateOn November 14, the Company filed a motion in the Delaware court to allow FTX to modify creditor list requirement from top 20 creditor list...
24 Nov, 2022, 10.39 AM IST
Collapsed FTX owes nearly $3.1 billion to top 50 creditorsThe exchange owes about $1.45 billion to its top ten creditors, it said in a court filing on Saturday, without naming them.
20 Nov, 2022, 04.03 PM 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
FTX's new CEO helped bolster Enron victims' recoveryJohn J. Ray III took over from founder Sam Bankman-Fried as FTX's chief executive after a disastrous week for the company that started with...
15 Nov, 2022, 04.48 PM 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