On Nov. 11, 2022, then-FTX CEO Sam Bankman-Fried resigned, handing the company’s reins to John Ray, who filed for Chapter 11 bankruptcy protection in the United States. That day marked the beginning ...
Can Sun, former general counsel of FTX, is spearheading the creation of a new exchange, Backpack, along with other ex-FTX executives. This development is especially noteworthy in the context of the ...
Bankrupt cryptocurrency exchange FTX’s recent announcement of reimbursing its customers in full with interest has drawn mixed reactions. What Happened: CNBC reported Mackenzie Sigalos pointed out that ...
Haslem is also looking to close the chapter at FTX. According to a Nov. 26 filing, a “proposed resolution” was reached with ...
NEW YORK, Jan 31 (Reuters) - FTX has abandoned efforts to restart its crypto exchange, instead opting for a liquidation that should repay customers in full, a company attorney said on Wednesday. FTX ...
The estate of collapsed crypto exchange FTX has filed a suit against Binance and its former CEO Changpeng Zhao in an effort to wrest back at least $1.76 billion, citing a "fraudulent" share deal. In a ...
Arush Sehgal, a former member of FTX’s unsecured creditors’ committee (UCC), has delivered a blistering critique of the legal team that oversaw FTX’s bankruptcy, accusing them of derailing a revival ...
Almost all of the creditors of failed crypto company FTX will end up profiting from the money they put into the exchange, a federal bankruptcy judge ruled Monday. Nearly two years after FTX spiraled ...
The FTX Token has seen a jump in both trading volume and value in the past week. Investors are speculating on the return of the FTX crypto exchange and some kind of value for the token. The FTX Token ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. FTX Trading Ltd. is considering proposals from three ...
Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at Manhattan Federal Court on August 11, 2023 in New York City. — Michael M. Santiago/Getty Images (NEW YORK) — Former crypto entrepreneur ...
Sam Bankman-Fried's FTX poured millions of dollars into naming rights, partnerships, and sponsorships in the sports world. With FTX's survival in question, massive deals with the likes of Tom Brady, ...