FTX

FTX and IRS Battle Over $24 Billion Tax Claim
FTX and IRS Battle Over $24 Billion Tax Claim
December 12, 2023  |  Cryptocurrency

FTX Trading is reportedly currently locked in a legal dispute with the Internal Revenue Service (IRS) over a $24 billion tax claim. The outcome of...

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Bankman-Fried Lawyer: Client Was ‘Worst’ Witness in Unwinnable Case
Bankman-Fried Lawyer: Client Was ‘Worst’ Witness in Unwinnable Case
December 12, 2023  |  Legal

Could FTX founder Sam Bankman-Fried have prevailed at trial? David Mills, the veteran attorney who helped the cryptocurrency mogul build his defense, doesn’t think so, according...

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Crypto Sector Lobbying Set to Make New US Record
Crypto Sector Lobbying Set to Make New US Record
December 05, 2023  |  Cryptocurrency

Cryptocurrency firms are reportedly spending record amounts of cash to advance their cause in Washington. Digital asset companies spent $18.9 million on lobbying during the first three...

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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 Investors Add MLB and Formula 1 to Class-Action Lawsuit
FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit
November 28, 2023  |  Legal

Investors who lost billions of dollars in the collapse of cryptocurrency exchange FTX have reportedly expanded their legal action to include Major League Baseball (MLB), Formula 1 racing, and Mercedes-Benz...

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Tale of 2 Crypto Exchanges: Binance’s Money Laundering vs FTX’s Misappropriation
Tale of 2 Crypto Exchanges: Binance’s Money Laundering vs FTX’s Misappropriation
November 22, 2023  |  Cryptocurrency

Cryptocurrency exchanges play a vital role in the digital asset ecosystem. They facilitate the buying, selling, trading, transferring, and storing of both individual and institutional...

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FTX and BlockFi Get Permission to Begin Settlement Talks
FTX and BlockFi Get Permission to Begin Settlement Talks
November 14, 2023  |  Legal

A federal judge said cryptocurrency firms FTX and BlockFi can begin discussing a settlement. BlockFi, which hopes to recover funds owed by FTX, declared bankruptcy...

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Ex-FTX Execs Launching New Crypto Exchange
Ex-FTX Execs Launching New Crypto Exchange
November 12, 2023  |  Cryptocurrency

At Sam Bankman-Fried’s trial last month, Can Sun was a key witness. Now, the former FTX general counsel is reportedly at work on a new...

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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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