FTX
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FTX Customers To See Full Repayment of Lost Funds, With Interest
Bankrupt exchange FTX has announced that nearly all of its customers will receive full repayment of their lost funds, plus interest. This unexpected outcome comes nearly 18 months after the scandalous collapse of the exchange. 
Bankrupt exchange FTX has announced that nearly all of its customers will receive full repayment of their lost funds, plus interest. This unexpected outcome comes nearly 18 months after the scandalous collapse of the exchange. -
FTX Unveils Plan to Fully Repay Most Creditors, Proposes 118% Compensation for 98% of Claims
FTX, the once high-flying cryptocurrency exchange that imploded in November 2022, announced late Tuesday that it has recovered sufficient assets to pay back most of its creditors in full. The proposed reorganization plan, which requires approval from the U.S. Bankruptcy Court for the District of Delaware, aims to resolve disputes with governmental and private stakeholders without the need for costly and protracted litigation. 
FTX, the once high-flying cryptocurrency exchange that imploded in November 2022, announced late Tuesday that it has recovered sufficient assets to pay back most of its creditors in full. The proposed reorganization plan, which requires approval from the U.S. Bankruptcy Court for the District of Delaware, aims to resolve disputes with governmental and private stakeholders without the need for costly and protracted litigation. -
FTX Faces IRS $24B Tax Hurdle in Customer Compensation Efforts
The beleaguered cryptocurrency exchange FTX, now in the throes of bankruptcy, is grappling with a significant challenge posed by a $24 billion tax claim from the United States Internal Revenue Service (IRS). This development could substantially delay the restitution process for the exchange's customers. 
The beleaguered cryptocurrency exchange FTX, now in the throes of bankruptcy, is grappling with a significant challenge posed by a $24 billion tax claim from the United States Internal Revenue Service (IRS). This development could substantially delay the restitution process for the exchange's customers. -
FTX Targets Former Employees in $157M Lawsuit Over Alleged Fraudulent Withdrawals
In a recent development, FTX, the cryptocurrency exchange platform, has taken legal action against former employees of its Hong Kong affiliate firm, Salameda, in an attempt to recover approximately $157 million. The lawsuit, which was filed in the U.S. Bankruptcy Court for the District of Delaware, alleges that these individuals and entities engaged in fraudulent asset withdrawals from FTX just days before the company filed for Chapter 11 bankruptcy in November 2022. In a recent development, FTX, the cryptocurrency exchange platform, has taken legal action against former employees of its Hong Kong affiliate firm, Salameda, in an attempt to recover approximately $157 million. The lawsuit, which was filed in the U.S. Bankruptcy Court for the District of Delaware, alleges that these individuals and entities engaged in fraudulent asset withdrawals from FTX just days before the company filed for Chapter 11 bankruptcy in November 2022. -
Bankrupt FTX Crypto Exchange Recoups $7.3 Billion in Assets, Considers Future Plans
Bankrupt cryptocurrency exchange FTX has successfully regained over $7.3 billion in cash and liquid crypto assets, marking an increase of over $800 million since January, according to the company's attorney Andy Dietderich. He made the announcement during a U.S. bankruptcy court hearing in Delaware on Wednesday. Bankrupt cryptocurrency exchange FTX has successfully regained over $7.3 billion in cash and liquid crypto assets, marking an increase of over $800 million since January, according to the company's attorney Andy Dietderich. He made the announcement during a U.S. bankruptcy court hearing in Delaware on Wednesday. -
US Prosecutors Accuse FTX Co-Founder Sam Bankman-Fried of Bribing Chinese Official with Over $40 Million
A new indictment on Tuesday alleges that Sam Bankman-Fried, co-founder of FTX, paid tens of millions of dollars in bribes to at least one Chinese government official. Federal prosecutors claim that Bankman-Fried's hedge fund, Alameda Research, had accounts targeted by a freezing order from Chinese authorities in or around November 2021. 
A new indictment on Tuesday alleges that Sam Bankman-Fried, co-founder of FTX, paid tens of millions of dollars in bribes to at least one Chinese government official. Federal prosecutors claim that Bankman-Fried's hedge fund, Alameda Research, had accounts targeted by a freezing order from Chinese authorities in or around November 2021. -
FTX Court Filings Reveal Exchange Burned Through $40M On Luxury Hotels, Flights Months Before Collapse
More than $15 million went on luxury hotels and accommodation, with $5.8 million of that at the Albany Hotel alone 
More than $15 million went on luxury hotels and accommodation, with $5.8 million of that at the Albany Hotel alone -
Sam Bankman-Fried Indicted On Eight Criminal Charges Including Money Laundering, Conspiracy
A federal indictment was unsealed alleging widespread fraud by FTX co-founder Sam Bankman-Fried 
A federal indictment was unsealed alleging widespread fraud by FTX co-founder Sam Bankman-Fried -
FTX Founder Sam Bankman-Fried Arrested in Bahamas Per U.S. Request
Sam Bankman-Fried's arrest is the first concrete move by regulators to hold individuals accountable for the multi-billion dollar implosion of FTX Sam Bankman-Fried's arrest is the first concrete move by regulators to hold individuals accountable for the multi-billion dollar implosion of FTX -
Alleged Recent Photo Of Alameda Ex-CEO Caroline Ellison In New York Making Rounds On Twitter
Caroline Ellison's last speculated location was Hong Kong, which was suggested in the aftermath of the FTX and Alameda fiasco 
Caroline Ellison's last speculated location was Hong Kong, which was suggested in the aftermath of the FTX and Alameda fiasco
