The cryptocurrency sector is reeling after the collapse of FTX, a digital currency exchange valued earlier this year at $32 billion and made famous by a Super Bowl ad starring comedian Larry David.

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 ...

On Nov. 11, 2022, then-FTX CEO Sam Bankman-Fried resigned, handing the company’s reins to John Ray, who filed for Chapter 11 bankruptcy protection in the United States. That day marked the beginning ...

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 ...

Bankrupt cryptocurrency exchange FTX’s recent announcement of reimbursing its customers in full with interest has drawn mixed reactions. What Happened: CNBC reported Mackenzie Sigalos pointed out that ...

NEW YORK, Jan 31 (Reuters) - FTX has abandoned efforts to restart its crypto exchange, instead opting for a liquidation that should repay customers in full, a company attorney said on Wednesday. FTX ...

The estate of collapsed crypto exchange FTX has filed a suit against Binance and its former CEO Changpeng Zhao in an effort to wrest back at least $1.76 billion, citing a "fraudulent" share deal. In a ...

Can Sun, former general counsel of FTX, is spearheading the creation of a new exchange, Backpack, along with other ex-FTX executives. This development is especially noteworthy in the context of the ...

Haslem is also looking to close the chapter at FTX. According to a Nov. 26 filing, a “proposed resolution” was reached with ...

Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at Manhattan Federal Court on August 11, 2023 in New York City. — Michael M. Santiago/Getty Images (NEW YORK) — Former crypto entrepreneur ...

The FTX Token has seen a jump in both trading volume and value in the past week. Investors are speculating on the return of the FTX crypto exchange and some kind of value for the token. The FTX Token ...

Sam Bankman-Fried's FTX poured millions of dollars into naming rights, partnerships, and sponsorships in the sports world. With FTX's survival in question, massive deals with the likes of Tom Brady, ...