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 ...

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.

From the SEC's filing: The complaint alleges that (...) Bankman-Fried orchestrated a years-long fraud to conceal from FTX’s investors (1) the undisclosed diversion of FTX customers’ funds to ...

Declining DeFi TVL reflects waning user confidence in volatile environments, especially amid falling stablecoin inflows and usage. While DeFi remains a long-term hedge, its success now depends on ...