FTX, the bankrupt cryptocurrency exchange formerly helmed by fraudster Sam Bankman-Fried, has agreed to pay $12.7 billion to customers blindsided by Bankman-Fried’s deceptions covering up FTX’s ...

The FTX Recovery Trust, a legal entity established to manage the bankruptcy estate of FTX Trading Ltd. following its collapse in November 2022, has recently filed a lawsuit aiming to reclaim more than ...

NEW YORK, June 4 (Reuters) - FTX on Tuesday asked a U.S. judge to stop outside litigation against company insiders and venture capital firms accused of playing a role in the bankrupt crypto exchange's ...

The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors. Bankrupt cryptocurrency exchange FTX and the United ...

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 ...

Sam Bankman-Fried, the imprisoned former CEO of FTX, reportedly filed a motion for a new trial in the Southern District of ...

FTX and Alameda's $8.7 billion restitution and $4 billion disgorgement address significant investor losses from their fraudulent activities. Industry stakeholders will discuss these developments at ...

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 ...

FTX Trading and its sister cryptocurrency exchange Alameda Research will pay $12.7 billion to settle charges laid by the Commodity Futures Trading Commission that the two companies violated the ...