Nearly all customers of FTX will get their money back, plus interest, after the cryptocurrency exchange imploded 17 months ago. FTX, which filed for bankruptcy protection in November 2022, said in a ...

Sam Bankman-Fried, founder of collapsed cryptocurrency exchange FTX, testified Friday that he believed his company would fail. Bankman-Fried testified in the U.S. District Court for the Southern ...

FTX's creditors will receive a share of their lost funds starting May 30, 2025. BitGo and Kraken — two of the approved distribution agents—are emailing clients to confirm that funds transferred from ...

A stark Galaxy Research analysis shows just one of the top 100 cryptocurrencies trades above its all-time high. Major altcoins remain devastated, exposing the brutal reality behind the ...

The FTX estate alleges the funds were fraudulently transferred by Sam Bankman-Fried. The FTX estate alleges the funds were fraudulently transferred by Sam Bankman-Fried. is a news writer focused on ...

NEW YORK, Sept 19 (Reuters) - Bankrupt crypto exchange FTX on Monday sued the parents of founder Sam Bankman-Fried, saying that Stanford professors Joseph Bankman and Barbara Fried used the company to ...

Collapsed crypto exchange FTX and its sister trading firm Alameda Research must pay $12.7 billion to resolve a suit from the Commodity Futures Trading Commission, according to a court order on ...

FTX founder Sam Bankman-Fried’s lawyer on Tuesday said the now-bankrupt cryptocurrency exchange’s investments were not “reckless and frivolous,” pushing back against testimony by former executive ...

Errol Barnett is the anchor of the "CBS Morning News," streaming on CBS News 24/7, and CBS News national correspondent. He holds a distinct perspective on global events through a reporting career ...

A message reading “We strongly advise against depositing” on the website of FTX, in Washington, DC, on November 13, 2022.. Photo: Getty Images FTX says that nearly all of its customers will receive ...

The fall of FTX is among the most sudden and massive in recent history. Cryptocurrency exchange FTX collapsed from a multibillion-dollar corporate darling into a bankrupt cautionary tale within a ...

Bankrupt crypto exchange FTX on Monday sued the parents of founder Sam Bankman-Fried, saying that Stanford professors Joseph Bankman and Barbara Fried used the company to enrich themselves at the ...