Add Yahoo as a preferred source to see more of our stories on Google. Sam Bankman-Fried bilked FTX customers out of more than $8 billion, according to prosecutors. FTX bankruptcy lawyers say they ...
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FTX sets next distribution date, seeks amendment to disputed claims reserve
FTX has set the next distribution record date to February 14, with the actual distribution to holders of allowed claims expected to commence on March 31.
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...
Some customers of the failed cryptocurrency exchange FTX could receive the full value of the money they lost if a court approves the company's bankruptcy plan. However, they will not see the gains on ...
FTX has reached a settlement with K5 Global, a venture capital firm co-founded by a former aide in Hillary Clinton’s office, resolving a lawsuit that sought to recover $700 million in disputed ...
Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries, plus interest, a ...
Despite the collapsed crypto exchange's claim of recovering enough funds to pay back most creditors, some former customers argue they’re being left in the lurch. Last month, lawyers overseeing FTX’s ...
May 14 (Reuters) - U.S. law firm Sullivan & Cromwell asked, opens new tab a Florida federal judge on Monday to dismiss a lawsuit, opens new tab by FTX customers who accuse the firm of helping the ...
Sam Bankman-Fried started FTX in 2019 with a fellow MIT graduate and soon enough, millions of customers joined his exchange. By late 2022, the once-leading crypto exchange filed for bankruptcy. Photo: ...
A US court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said Thursday. FTX drew customers in with “an ...
As the saga and long shadow of FTX continues to dominate crypto discourse, the recent news that the long-awaited bankruptcy distribution had been approved was - justifiably so – a headline generating ...
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FTX-linked Paradex rolls back chain after maintenance failure
Paradex has decided to roll back the chain after several services became unavailable subsequent to a database maintenance.
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