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The FTX bankruptcy estate has updated its timeline for the creditor and former customer reimbursements — which should be finalized in January 2025 — and initial payouts are expected in March 2025.
Zhao and his allies sold stakes amounting to roughly 20% of FTX’s international business and an 18.4% stake in a US-based affiliate in exchange for a massive sum of cryptocurrencies valued at $1 ...
NEW YORK, Oct 7 (Reuters) - FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once ...
A former top FTX executive charged with writing computer code for now imprisoned FTX founder and CEO Sam Bankman-Fried to help steal billions of dollars from cryptocurrency customers, was spared ...
The bankruptcy estate of collapsed cryptocurrency exchange FTX has sued the company's former rival Binance in an attempt to recover $1.76 billion or more. The lawsuit seeks "at least $1.76 billion ...
The famous people who endorsed FTX were ‘uninformed’ and ‘reckless’ but not fraudulent, the judge ruled. The famous people who endorsed FTX were ‘uninformed’ and ‘reckless’ but not ...
Nov. 11 (UPI) --The estate of the crippled digital exchange FTX filed a lawsuit against fellow crypto exchange Binance on Sunday as it tries to get back $1.76 billion in what it claims was a ...
FTX’s bankruptcy estate filed a lawsuit against Binance and its former CEO, Changpeng Zhao, on November 10, 2024, seeking to recover $1.76 billion. The lawsuit alleges that these funds were ...
Former FTX executive Nishad Singh was sentenced to time served and three years of supervised release on Wednesday, becoming the fourth ex-employee of the collapsed crypto exchange to be punished.
Caroline Ellison, the former CEO of FTX affiliate Alameda Research, was sentenced to two years in prison on Tuesday. Though he is currently in prison, Bankman-Fried has continued to appeal his ...
Gary Wang, FTX’s former chief technology officer. Photo: Getty Images. The former FTX executive who wrote computer code that enabled his imprisoned former boss Sam Bankman-Fried to steal ...