John J Ray Iii news and trends

FTX Proposes Returning 90% of Customer Funds
Cryptocurrency // October 17, 2023

FTX has proposed a settlement that gives creditors more than 90% of their funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

FTX Court Filings Highlight Key Crypto Industry Risk Management Lessons
Cryptocurrency // January 09, 2023

The FTX collapse provides a master class in caveat-emptor crypto industry risk management and accounting failures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
Cryptocurrency // December 14, 2022

Another day, another congressional committee hearing on the FTX crypto collapse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Key Takeaways From House Hearing on FTX Crypto Collapse
Cryptocurrency // December 13, 2022

Hearings into the FTX crypto collapse kicked off without input from now-jailed founder Sam Bankman-Fried. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Interviews & Exclusives
FTX Court Filings Highlight Key Crypto Industry Risk Management Lessons

January 09, 2023
The FTX collapse provides a master class in caveat-emptor crypto industry risk management and accounting failures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]

Quick Reads
FTX to Distribute $5 Billion to Creditors in Second Distribution

May 15, 2025
FTX’s bankruptcy advisers said Thursday (May 15) that they will distribute $5 billion to the former cryptocurrency exchange’s eligible creditors on May 30. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. […]

FTX Proposes Returning 90% of Customer Funds

October 17, 2023
FTX has proposed a settlement that gives creditors more than 90% of their funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Sam Bankman-Fried Arrested in Bahamas and Faces Extradition to US 

December 12, 2022
FTX founder Sam Bankman-Fried has been arrested in the Bahamas.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

FTX Bankruptcy CEO Says Record-Keeping Had Been ‘Near-Zero’

December 12, 2022
The CEO of FTX said the firm’s corporate infrastructure and record-keeping had been “near-zero.”  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...