Phase one of the trial was exciting. Former FTX exchange insiders told a jury that Sam Bankman-Fried had directed them to let his hedge fund Alameda “borrow” billions of dollars from exchange ...
FTX will start repaying $1.6 billion to creditors from September 30, its third payout under bankruptcy proceedings.
The latest round of redistributions marks another step in the bankruptcy estate’s plan to make creditors whole after the 2022 ...
FTX’s chapter 11 bankruptcy estate will begin a $1.6 billion payout on Sept. 30. Here’s how U.S., international, and crypto ...
Customer data of bankrupt crypto exchange FTX, Genesis and lender BlockFi have been compromised due to a hack of Kroll, a third party agent that manages creditor claims on behalf of bankrupt companies ...
Some FTX customers are objecting to the troubled exchange’s Dec. 16 proposed bankruptcy plan, stating that it violates their property rights and sells their assets to pay off third-party creditors, ...
FTX’s token FTT surged 17% in the last 24 hours, baffling traders as bankruptcy proceedings continue and unlocked tokens ...
Sam Bankman-Fried, former CEO of failed crypto firm FTX, leaves the Manhattan federal courthouse on June 15, 2023, after arguments on his motion to sever or dismiss five counts filed after his ...
On Friday, Sam Bankman-Fried sat on the stand, once again in an oversized gray suit and purple tie, and testified in front of a jury. He’s on trial for seven charges related to fraud and money ...
NEW YORK – FTX’s general counsel “never approved” the crypto exchange lending customer funds to sister firm Alameda Research, he told the jury on day 12 of Sam Bankman-Fried’s criminal fraud trial.
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