It took less than a week for FTX to go from the third-largest cryptocurrency exchange in the world to bankruptcy court. The embattled cryptocurrency exchange, short billions of dollars, is seeking ...
Sam Bankman-Fried is pushing back on what he calls widespread misconceptions about FTX's collapse, arguing the exchange faced a liquidity crisis rather than insolvency or fraud. ‘FTX Was Not Insolvent ...
Bankrupt crypto exchange FTX has said it should not have to pay a massive $1.53 billion recovery claim by Three Arrows Capital, arguing in a recent court filing that the crypto hedge fund’s “own risky ...
In a Sunday filing with a Delaware court, FTX cites a 2021 transaction in which Binance, Zhao and others exited their investment in FTX, selling a 20% stake in the platform and a 18.4% stake in its ...
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FTX users reach settlement with Fenwick over exchange fraud claims
FTX users and law firm Fenwick & West have agreed to a proposed settlement in a lawsuit over the exchange’s fraud.
Bankman-Fried says testimony omitted from his 2023 trial rebuts prosecutors' "centerpiece" argument that he stole $8 billion ...
(Reuters) -A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday. FTX drew customers ...
Former FTX data head backs retrial bid. Filing challenges prosecution’s insolvency narrative. Motion alleges pressure on ...
Somehow, the FTX saga still isn’t over. The estate of the failed cryptocurrency exchange founded by Sam Bankman-Fried is now suing another crypto exchange, The Verge reported on Monday. The FTX estate ...
Call it a slam dunk win for one of the lead attorneys helping FTX through its bankruptcy. Brian Glueckstein, a lawyer with the powerful law firm Sullivan & Cromwell steering doomed crypto exchange FTX ...
As part of the acquisition, Backpack EU will be responsible for distributing court-approved bankruptcy claims to FTX EU customers. Backpack, a centralized cryptocurrency exchange (CEX) founded by ...
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 ...
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