On Friday, September 20, the FTX Recovery Trust announced that FTX’s creditors will receive $1.6 billion, a third round of payments, intended to compensate clients on September 30. FTX, once a leading ...
The defunct cryptocurrency exchange, FTX, is set to distribute roughly $1.6 billion to its creditors in its Third ...
Sam Bankman-Fried says his “biggest mistake” during the collapse of FTX wasn’t mismanaging billions in customer funds — it ...
FTX’s chapter 11 bankruptcy estate will begin a $1.6 billion payout on Sept. 30. Here’s how U.S., international, and crypto ...
As the Wall Street Journal reports, former FTX general counsel Can Sun and Armani Ferrante, the founder of a crypto token company that the exchange invested in, are starting a new venture — and claim ...
FTX’s token FTT surged 17% in the last 24 hours, baffling traders as bankruptcy proceedings continue and unlocked tokens ...
Backpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022. But the road wasn’t easy. FTX co-led Backpack’s $20 million strategic ...
The collapsed exchange alleges that ex-FTX CEO Bankman-Fried invested in the Bitcoin miner with commingled funds.