FTX

FTX to Pay Over $5B to Creditors as Bankrupt Estate Gears Up for Distribution

FTX to Pay Over $5B to Creditors as Bankrupt Estate Gears Up for Distribution

FTX creditors are set to receive over $5 billion in distributions starting May 30, as part of the second phase of the bankrupt exchange’s court-approved recovery plan, the FTX Recovery Trust said Th...

Last updated 3 mins ago

Backpack Opens Withdrawal Window for Former FTX Europe Customers

Backpack Opens Withdrawal Window for Former FTX Europe Customers

Crypto platform Backpack has officially opened a withdrawal window for former FTX Europe customers, marking a pivotal step in efforts to recover lost funds for users affected by the exchange’s colla...

Last updated 3 mins ago

Shaq Inks Deal to Settle With FTX Investors Over Boosting Failed Crypto Exchange

Shaq Inks Deal to Settle With FTX Investors Over Boosting Failed Crypto Exchange

Shaquille O’Neal has reached a settlement agreement with a group of FTX investors who accused him of enabling the failed crypto exchange’s fraud by acting as a celebrity promoter, according to a c...

Last updated 3 mins ago

Former FTX CTO Gary Wang Won’t Have To Serve Prison Time, Judge Rules

Former FTX CTO Gary Wang Won’t Have To Serve Prison Time, Judge Rules

Election 2024 coverage presented by

Last updated 3 mins ago

FTX Sues Binance, Former CEO CZ for $1.8B

FTX Sues Binance, Former CEO CZ for $1.8B

Election 2024 coverage presented by

Last updated 3 mins ago

Humpy the Whale Cost FTX, Alameda $1 Billion in Losses, Lawsuit Alleges

Humpy the Whale Cost FTX, Alameda $1 Billion in Losses, Lawsuit Alleges

Election 2024 coverage presented by

Last updated 3 mins ago

Former Alameda Co-CEO Sam Trabucco Agrees to Forfeit $70M, Yacht, Apartments to FTX Creditors

Former Alameda Co-CEO Sam Trabucco Agrees to Forfeit $70M, Yacht, Apartments to FTX Creditors

Election 2024 coverage presented by

Last updated 3 mins ago

Former FTX CTO Gary Wang Asks Court for No Jail Time

Former FTX CTO Gary Wang Asks Court for No Jail Time

Election 2024 coverage presented by

Last updated 3 mins ago

FTX’s Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse

FTX’s Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse

Election 2024 coverage presented by

Last updated 3 mins ago

Government Lawyers Defend Nishad Singh Saying He Provided ‘Substantial Assistance’ in FTX Investigation

Government Lawyers Defend Nishad Singh Saying He Provided ‘Substantial Assistance’ in FTX Investigation

Election 2024 coverage presented by

Last updated 3 mins ago