FTX has proposed a settlement that gives creditors more than 90% of their funds. The proposal, announced late Tuesday (Oct. 16), is set to be filed with the...
The FTX collapse provides a master class in caveat-emptor crypto industry risk management and accounting failures. This, as court documents confirm that the world’s one-time...
Another day, another congressional committee hearing on the FTX crypto collapse. Fresh off of Tuesday’s (Dec. 13) House Financial Services Committee hearing covering the collapse...
Hearings into the FTX crypto collapse kicked off without input from now-jailed founder Sam Bankman-Fried. As reported by PYMNTS, the failed FTX founder faces eight...
FTX founder Sam Bankman-Fried has been arrested in the Bahamas. The U.S. Attorney’s Office for the Southern District of New York (SDNY) announced the move...
The CEO of FTX said the firm’s corporate infrastructure and record-keeping had been “near-zero.” In prepared testimony that is to be delivered to the House...
The current and former CEOs of FTX are to testify before a Congressional committee. FTX Group founder and former CEO Sam Bankman-Fried and current FTX...
The fall of FTX has reportedly set off clashes between its CEO and overseas regulators. John J. Ray III took over as FTX’s chief executive...
Insolvent cryptocurrency exchange FTX doesn’t just owe its million-plus creditors money. The once-heralded crypto platform, formerly helmed by the now disgraced Sam Bankman-Fried (SBF), also...