Former FTX executives team up to launch new crypto exchangeEx-FTX general counsel Can Sun and other former company executives are reportedly aiming to solve the problems that doomed their previous e...
13 Nov, 2023, 12.54 PM IST
What charges was Sam Bankman-Fried convicted of?Prosecutors say Bankman-Fried embezzled customer money to plug losses at Alameda Research, a crypto hedge fund he owned, as well as to make...
03 Nov, 2023, 02.48 PM IST
Sam Bankman-Fried trial: confidant Caroline Ellison faces cross-examinationEllison said through tears that she lived in "dread" the truth would come out, and that FTX's ultimate collapse last year brought an "overw...
12 Oct, 2023, 07.40 PM IST
Sam Bankman-Fried stole customer funds from the beginning of FTX, exchange's cofounder tells jurySam Bankman-Fried authorized the illegal use of FTX customers' funds and assets to plug financial gaps at an affiliated hedge fund from the...
07 Oct, 2023, 08.34 PM IST
Who's rooting hardest for a Sam Bankman-Fried conviction?Eleven months after FTX's implosion sent an already declining cryptocurrency market into a doom spiral, Bankman-Fried's trial is set to reo...
02 Oct, 2023, 06.01 PM IST
Fourth top FTX executive pleads guilty ahead of Sam Bankman-Fried trialRyan Salame, a former top executive at cryptocurrency exchange FTX, pleaded guilty Thursday to criminal charges linked to the sweeping frau...
08 Sep, 2023, 08.50 AM IST
Bankman-Fried, others made more than 300 illegal political donations, confirms indictmentThe donations, totaling tens of millions of dollars, were unlawful because they were attributed to a "straw donor" or made using corporate ...
23 Feb, 2023, 08.34 PM IST
FTX bankruptcy judge rejects call for new investigation into crypto exchange's collapseJudge John Dorsey in Wilmington, Delaware, rejected a request by the US Department of Justice's bankruptcy watchdog.
15 Feb, 2023, 10.28 PM 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 sues Voyager Digital to claw back $446 million in 2022 loan paymentsFTX and Voyager both filed for bankruptcy amid a 2022 collapse in cryptocurrency markets, but Voyager's bankruptcy preceded FTX's filing by...
31 Jan, 2023, 09.41 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
US prosecutors launch website for Sam Bankman-Fried's alleged fraud victimsFTX could owe money to more than 1 million people, making it "impracticable" to contact each, the papers said.
07 Jan, 2023, 08.41 AM IST
Sam Bankman-Fried extradited to US to face fraud charges over FTX collapseFTX and its sister trading house Alameda Research went bankrupt last month, dissolving a virtual trading business that had been valued by t...
22 Dec, 2022, 01.55 PM IST
FTX founder Sam Bankman-Fried in custody after fraud charges, bail deniedThe former CEO of the collapsed cryptocurrency exchange, dressed in a blue suit without a tie, lowered his head and hugged his parents afte...
14 Dec, 2022, 08.01 AM IST
Why India may not face FTX kind of cryptocurrency meltdownAs the rules stand now, all securities are held by the clients at depositories and unused funds are sent back into customer accounts period...
24 Nov, 2022, 11.56 PM IST
FTX has collapsed – but don't write off cryptocurrencies just yetOn Sunday, a filing in the US bankruptcy court estimated that FTX owes its 50 biggest creditors nearly $3.1 billion (₹25,336 crore). Th...
22 Nov, 2022, 01.06 AM IST