FTX

Judge Approves FTX Proposal to Sell Stake in Anthropic

Judge Approves FTX Proposal to Sell Stake in Anthropic
Judge Approves FTX Proposal to Sell Stake in Anthropic
February 22, 2024  |  Artificial Intelligence

A U.S. judge has approved bankrupt crypto exchange FTX’s proposal to sell its shares in artificial intelligence (AI) startup Anthropic. The exchange had invested $500 million...

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Bankman-Fried to Appear in Court for First Time Since Conviction
Bankman-Fried to Appear in Court for First Time Since Conviction
February 21, 2024  |  Legal & Regulation

Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, is set to appear in court Wednesday (Feb. 21) for a hearing on his new lawyer’s...

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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 & Regulation

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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Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
February 02, 2024  |  Cybersecurity

Three individuals have been indicted for their involvement in an identity theft conspiracy, which reportedly included a $400 million hack of cryptocurrency exchange FTX. 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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Court Orders Independent Bankruptcy Examiner to Investigate FTX Collapse 
Court Orders Independent Bankruptcy Examiner to Investigate FTX Collapse 
January 19, 2024  |  Legal & Regulation

A federal appeals court has ordered an investigation into the collapse of bankrupt cryptocurrency exchange FTX.  The court agreed with a government watchdog’s argument that appointing...

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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 & Regulation

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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