FTX bankruptcy

Bankman-Fried Agrees to Help FTX Investors Sue Celebrity Crypto Promoters
Bankman-Fried Agrees to Help FTX Investors Sue Celebrity Crypto Promoters
April 21, 2024  |  Cryptocurrency

A group of FTX investors has agreed to drop legal claims against Sam Bankman-Fried. In exchange, the disgraced former crypto exchange CEO will cooperate in the investors’...

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Sam Bankman-Fried Appeals Conviction and Sentence, Faces Yearslong Process
Sam Bankman-Fried Appeals Conviction and Sentence, Faces Yearslong Process
April 11, 2024  |  Legal

Sam Bankman-Fried appealed his conviction and 25-year prison sentence Thursday (April 11). The FTX founder, who was convicted in November 2023 and sentenced in March...

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FTX CEO Slams Bankman-Fried’s ‘Nonexistent’ Remorse
FTX CEO Slams Bankman-Fried’s ‘Nonexistent’ Remorse
March 21, 2024  |  Legal

FTX’s CEO says Sam Bankman-Fried’s deception didn’t stop with his fraud conviction.  In a victim impact statement filed Wednesday (March 20) ahead of Bankman-Fried’s sentencing...

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FTX Investor Suit Accuses Law Firm in Aiding Fraud
FTX Investor Suit Accuses Law Firm in Aiding Fraud
February 18, 2024  |  Legal

A new lawsuit accuses an FTX-affiliated law firm of helping abet the cryptocurrency exchange’s fraud. The suit, filed last week by a group of FTX investors, accuses the...

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FTX Drops Plans to Resurrect Fallen Crypto Exchange
FTX Drops Plans to Resurrect Fallen Crypto Exchange
January 31, 2024  |  Cryptocurrency

FTX reportedly hopes to pay back as many of its customers as it can. However, the advisers overseeing the cryptocurrency firm’s bankruptcy have no plans to...

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FTX Amasses $4.4 Billion Stockpile as Customers Await Repayment
FTX Amasses $4.4 Billion Stockpile as Customers Await Repayment
January 28, 2024  |  Cryptocurrency

FTX has reportedly been selling crypto assets and stockpiling cash as it looks to repay customers. Those customers’ accounts have been in limbo since the cryptocurrency...

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Bankman-Fried’s Parents Seek to Quash FTX Lawsuit
Bankman-Fried’s Parents Seek to Quash FTX Lawsuit
January 17, 2024  |  Legal

Sam Bankman-Fried’s parents say they can’t be held accountable for their son’s actions at FTX. Joseph Bankman and Barbara Fried were sued last year by FTX, with the...

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Bankman-Fried Prosecutors Call Off Second Trial
Bankman-Fried Prosecutors Call Off Second Trial
January 02, 2024  |  Legal

Disgraced cryptocurrency wunderkind Sam Bankman-Fried will not face another criminal trial. The FTX founder, already convicted on fraud and conspiracy charges connected to the collapse of his...

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FTX Submits Plans to End Bankruptcy Proceedings
FTX Submits Plans to End Bankruptcy Proceedings
December 18, 2023  |  Cryptocurrency

FTX has filed a proposal that would allow the cryptocurrency exchange to exit bankruptcy. The proposal, filed in bankruptcy court Saturday (Dec. 16), would distribute billions in cash...

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