Editor’s Note (November 14, 2024): Since the publication of this article, FTX has intensified its efforts to recover assets through clawback litigation, with filings beginning in early November 2024, ...
Backpack Exchange, a centralized cryptocurrency platform, has responded to claims made by the FTX Recovery Trust disputing the legality of its acquisition of FTX EU. On Jan. 8, Backpack said it had ...
FTX will begin distributing funds to creditors on September 30, after getting court approval to release $1.9 billion in previously held reserves. This update came from FTX Trading Ltd. and the FTX ...
As their children are sentenced for fraud, the parents of FTX’s top leaders have described their disbelief at how the crypto exchange upended their lives. By David Yaffe-Bellany David Yaffe-Bellany ...
Roughly two years after the crypto exchange collapsed and many of its executives faced criminal charges, the Oct. 7 court decision was a step forward for reimbursing FTX users. United States ...
The Delaware bankruptcy court handling the FTX estate approved a petition on Thursday from Three Arrows Capital (3AC) to significantly expand its claim against the estate from $120 million to $1.53 ...
The cryptocurrency belonging to the defunct cryptocurrency exchange FTX FTT/USD dramatically jumped on Sunday, dwarfing the gains made by the rest of the market. What happened: FTT exploded more than ...