FTX bankruptcy

FTX Gets OK to Sell $744 Million in Grayscale Stakes
FTX Gets OK to Sell $744 Million in Grayscale Stakes
November 30, 2023  |  Cryptocurrency

FTX has gotten the go-ahead to sell stakes in digital trusts managed by Grayscale. According to recent court filings, a bankruptcy judge has given the...

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FTX Suit Seeks $953 Million From Fellow Crypto Firm Bybit
FTX Suit Seeks $953 Million From Fellow Crypto Firm Bybit
November 12, 2023  |  Cryptocurrency

FTX’s quest to recover its lost assets is continuing with a lawsuit against Bybit. The suit, filed Friday (Nov. 10) in U.S. bankruptcy court, seeks to recoup around...

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FTX’s Former Customers Face ‘Nightmare’ Recovery Process
FTX’s Former Customers Face ‘Nightmare’ Recovery Process
October 05, 2023  |  Cryptocurrency

Nearly a year after FTX’s collapse, the cryptocurrency exchange’s customers are still hurting. Some have formed support groups. Others, per a report Thursday (Oct. 5) by Reuters, have...

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FTX’s Sam Bankman-Fried Rose and Fell, Now Comes His Reckoning 
FTX’s Sam Bankman-Fried Rose and Fell, Now Comes His Reckoning 
October 02, 2023  |  Legal

It took around five days for the cryptocurrency exchange FTX to implode last November. It will take around five or six weeks for the founder...

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Three FTX Celebrity Pitchmen Settle Investor Lawsuit
Three FTX Celebrity Pitchmen Settle Investor Lawsuit
September 17, 2023  |  Cryptocurrency

Three of FTX’s celebrity backers have settled a lawsuit filed by investors in the failed exchange. As Bloomberg News reported Friday (Sept. 16), Jacksonville Jaguars quarterback Trevor Lawrence...

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FTX Hopes to Recover Payments to Shaq and Other Sports Stars
FTX Hopes to Recover Payments to Shaq and Other Sports Stars
September 11, 2023  |  Legal

In its heyday, FTX paid millions to professional athletes to promote its platform. Now, the cryptocurrency company is hoping to get that money back. As Bloomberg News reported...

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FTX Bankruptcy Plans Do Not Include FTT Token Holders
FTX Bankruptcy Plans Do Not Include FTT Token Holders
August 01, 2023  |  Cryptocurrency

FTX’s plan for paying back its creditors could leave holders of its FTT coin with nothing. The repayment plan, filed late Monday (July 31) in federal bankruptcy court,...

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FTX Bankruptcy Expenses Exceeded $200 Million in First 90 Days
FTX Bankruptcy Expenses Exceeded $200 Million in First 90 Days
June 21, 2023  |  Cryptocurrency

The absence of corporate records is reportedly making FTX’s bankruptcy “very expensive by any measure.” During the first 90 days of the cryptocurrency exchange’s bankruptcy proceedings,...

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Report: FTX Sues for $240 Million Paid for Stock Trading Platform
Report: FTX Sues for $240 Million Paid for Stock Trading Platform
May 18, 2023  |  Cryptocurrency

FTX is reportedly working to get back the more than $240 million it paid for stock trading platform Embed. The bankrupt cryptocurrency exchange filed three lawsuits...

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