Former cryptocurrency firm FTX will start paying its main creditors at the end of May using a cash hoard of $11.4 billion the company has collected since its shut down. Although minor creditors ...

FTX, the collapsed cryptocurrency exchange once helmed by Sam Bankman-Fried, plans to begin paying its main creditors at the end of May, Bloomberg reported based on court proceedings in Delaware ...

(Bloomberg) -- John J. Ray III, who led FTX’s restructuring and efforts to return billions of dollars to customers after it ...

Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process.

When cryptocurrency exchange FTX raised $400 million from investors such as Softbank, Temasek, Tiger Global, and others in January, its net worth took off. The funding lifted its value to $32 billion.

In November 2022, an article revealed that FTX was co-mingling customer funds with Alameda Research, a crypto hedge fund also run by SBF. Binance, the largest crypto exchange, began liquidating ...

The FTX founder is currently serving a 25-year sentence. The Bureau of Prisons has transferred former crypto mogul Sam Bankman-Fried out of a detention center in Brooklyn, New York, sources ...

Sam Bankman-Fried, the disgraced founder of cryptocurrency platform FTX, has been transferred out of a federal prison in New York City and moved to a new detention center, roughly a year-and-a ...

Caroline Ellison, former head of FTX’s sister investment firm, Alameda Research, cooperated with prosecutors and testified against Sam Bankman-Fried in the crypto exchange FTX fraud case.

FTX was one of the world's most popular cryptocurrency exchanges, with celebrity endorsements and a 2022 Super Bowl advertisement before it collapsed into bankruptcy in November 2022. A month ...