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Sam Bankman-Fried's fallen cryptocurrency exchange FTX has raked in billions more dollars than it needs to fully pay back its customers who lost funds in its November 2022 collapse.
Former FTX CEO Sam Bankman-Fried's trial has begun as the court explores the crypto exchange's collapse. Here's what you need to know.
FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that.
The estate of FTX has filed a lawsuit against rival firm Binance and its former CEO Changpeng Zhao in an effort to claw back nearly $1.8 billion linked to an allegedly “fraudulent” deal ...
People who had money in FTX at the time of its collapse nearly 18 months ago got very lucky this week, as far as bankruptcy proceedings go. But some of them are still, understandably, pretty ...
FTX on Tuesday asked a U.S. judge to stop outside litigation against company insiders and venture capital firms accused of playing a role in the bankrupt crypto exchange's collapse, saying the ...
Bankrupt crypto exchange FTX received court approval on Tuesday to solicit creditor votes on a liquidation plan that would pay FTX customers back in cash, over the objections of some customers who ...
Lawyers for FTX are trying to claw back money for creditors, seeking $38 million paid to PACs and political nonprofits ahead of the 2022 elections.
When FTX fell, the crypto market was in the doldrums, but it has since rebounded. The value of bitcoin, for example, has risen from roughly $16,000 in November 2022 to more than $40,000 per coin.
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