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 ...

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 ...

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 ...

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 ...

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 ...

A proposed settlement would allow FTX, formerly one of the largest crypto trading exchanges in the world, to whittle down its tax claim with the IRS to just $885 million. FTX, formerly one of the ...

NEW YORK, Jan 11 (Reuters) - Dozens of FTX customers have asked a U.S. bankruptcy judge to stop the collapsed crypto exchange from using 2022 prices to value their cryptocurrency deposits, saying that ...

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN — People who had money in FTX at the time of its ...

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 ...

Tom Brady invested $30 million in FTX and was an "ambassador" for the cryptocurrency exchange. It's all gone now. According to a report by The New York Times, Brady and his ex-wife Gisele Bunchen ...

Longtime Stanford University professors Joseph Bankman and Barbara Fried — the parents of Sam Bankman-Fried — were sued by the now-bankrupt cryptocurrency company FTX on Monday. In the lawsuit, filed ...