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FTX FUNDS MISSING
FTX cleared to repay billions to customers after bankruptcy plan approvalFTX received court approval for its bankruptcy plan, enabling the repayment of up to $16.5 billion to customers. The plan includes settleme...- Sam Bankman-Fried sentenced to 25 years in prison for multi-billion dollar FTX fraudSam Bankman-Fried, 32, sentenced to 25 years for stealing $8 billion from FTX customers. Judge Kaplan rejected his no losses claim. Found g...
- Sam Bankman-Fried lives 'life of delusion,' new FTX CEO says as sentencing loomsJohn Ray criticizes Sam Bankman-Fried's delusion claiming FTX funds recovery post $8 billion theft conviction. Lawyers aim for reduced sent...
- Sam Bankman-Fried's trial reveals inside details of how FTX diedWhile the broad contours of FTX's failure are publicly known, the trial has opened a window into high-stakes conversations that unfolded in...
- Sam Bankman-Fried sought 'justifications' for missing funds, lawyer testifiesCan Sun, FTX's former general counsel, testified at Bankman-Fried's fraud trial that the company on Nov. 7, 2022, was engaged in talks with...
- Sam Bankman-Fried's dipping into customers' funds was done unilaterally: Nishad SinghSingh testified that he learned two months before the crypto exchange blew up that it was improperly using customers' money.
- FTX co-founder testifies against Bankman-FriedDuring Sam Bankman-Fried's trial, his former business partner, Zixiao "Gary" Wang, testified that Bankman-Fried used FTX clients' funds wit...
- 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...
- FTX celebrity promoters say crypto investors cannot sue over accountsThe proposed class action in Miami alleges that FTX yield-bearing accounts were unregistered securities that were unlawfully sold in the Un...
- Former FTX CEO Sam Bankman-Fried to reverse decision on contesting extraditionThe cryptocurrency mogul was indicted in federal court in Manhattan on Tuesday and accused of engaging in a scheme to defraud FTX customers...
- 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...
- Ex-FTX CEO Sam Bankman-Fried arrested in Bahamas, US to unveil chargesIt marks a sunning fall from grace for the 30-year-old entrepreneur who rode a cryptocurrency boom to create one of the world's largest cry...
- BlockFi tells U.S. bankruptcy court it is 'the antithesis of FTX'BlockFi filed for Chapter 11 protection on Monday, citing FTX's collapse and volatility in the crypto markets.
- 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...
- Investor studied crypto for years, then missed FTX’s red flags“None of us has run a company before and we’d like $100 million by next Tuesday,” Bankman-Fried told David Rubenstein in August about the r...
- 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...
- Crypto.com says balance sheet strong, exchange not in troubleChief executive Kris Marszalek took questions in a livestreaming YouTube address, and also said the platform always maintained reserves to ...
- 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.
- How Sam Bankman-Fried fooled the crypto world and maybe even himselfThe ties between FTX and Alameda are at the heart of Bankman-Fried’s downfall. The US Securities and Exchange Commission is investigating h...
- At least $1 billion of client funds missing at Sam Bankman-Fried's FTXFTX's founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Rese...
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