FTX

FTX Lawyers Recover Billions and Bill Millions Investigating Exchange Reboot

FTX Lawyers Recover Billions and Bill Millions Investigating Exchange Reboot
FTX Lawyers Recover Billions and Bill Millions Investigating Exchange Reboot
April 13, 2023  |  Legal & Regulation

FTX’s collapse destabilized the global cryptocurrency market and left creditors with $11.6 billion in claims. Now, lawyers for the bankrupt crypto exchange are considering giving...

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FTX Plans Relaunch After Stabilizing ‘Dumpster Fire’
FTX Plans Relaunch After Stabilizing ‘Dumpster Fire’
April 13, 2023  |  Cryptocurrency

Bankrupt cryptocurrency exchange FTX is reportedly considering relaunching after recovering $7.3 billion in assets. Company attorneys say the exchange has begun to look to the...

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Report Highlights FTX’s Odd Practices Around Security and Financial Controls
Report Highlights FTX’s Odd Practices Around Security and Financial Controls
April 10, 2023  |  Cryptocurrency

FTX-affiliated Alameda Research was “hilariously beyond any threshold” of auditors, Sam Bankman-Fried reportedly said. That comment in an internal email before the bankruptcy filings of...

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New FTX Report Highlights Importance of Treasury Management
New FTX Report Highlights Importance of Treasury Management
April 10, 2023  |  Spend Management

The first interim report by the FTX Debtors published Sunday (April 9) takes harsh aim at the FTX Group’s profound lack of appropriate documentation and...

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FTX Debtors: ‘Greed and Incompetence’ Triggered Collapse
FTX Debtors: ‘Greed and Incompetence’ Triggered Collapse
April 10, 2023  |  Cryptocurrency

At FTX under Sam Bankman-Fried, financial oversight was apparently something of a joke. That’s according to a report issued Sunday (April 9) by the collapsed...

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FTX Collapse Robs Researchers of Funding
FTX Collapse Robs Researchers of Funding
April 06, 2023  |  Legal & Regulation

The collapse of crypto exchange FTX has many victims. Add to the list: university researchers. According to a Thursday (April 6) report by Reuters, the...

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FTX EU LTD Launches Website for Customers to Request Withdrawals
FTX EU LTD Launches Website for Customers to Request Withdrawals
March 31, 2023  |  Cryptocurrency

FTX EU LTD has launched a website on which its customers can request final balances and withdrawals. The withdrawals will be available only to customers...

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Report: Bankman-Fried to Plead Not Guilty in Chinese Bribe Case
Report: Bankman-Fried to Plead Not Guilty in Chinese Bribe Case
March 30, 2023  |  Legal & Regulation

Sam Bankman-Fried will reportedly plead not guilty to a $40 million bribery charge. The FTX founder had earlier pleaded not guilty to multiple counts of...

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