FTX News

Caroline Ellison, the former CEO of Alameda Research, received a two-year prison sentence for her part in the collapse of the FTX cryptocurrency exchange. Ellison’s sentencing, which took place in...

FTX may start repaying creditors in October. There are unconfirmed reports that FTX, the bankrupt crypto exchange, will start paying its creditors in October. From widespread expectations, the repayment plan...

Caroline Ellison, former CEO of Alameda Research, received a two-year prison sentence for her role in the FTX scandal. She appeared in a Manhattan federal court on Tuesday, following her...

Alameda Research, the bankrupt sister company of FTX, has transferred significant amounts of cryptocurrency to leading exchanges; Binance and Coinbase. Blockchain analytics platform PeckShield highlighted these transactions, which involved multiple...

Caroline Ellison, Sam Bankman-Fried’s former partner and ex-CEO of Alameda Research, is seeking leniency in the FTX collapse case. She argues that her cooperation during the trial, including three days...

Blockchain security firm PeckShield observed transfers from cryptocurrency exchange OKX to wallets linked to the bankrupt FTX exchange. Early Friday morning, an Alameda/FTX-labeled address received 6.275 million USDT from OKX....

FTX has secured crucial backing from its creditors for its proposed reorganization plan, bringing it a step closer to final approval. The plan, outlining how assets will be distributed and...

Former FTX executive Ryan Salame is seeking a 45-day postponement of his prison sentence, citing the need for emergency surgery following a dog bite. Salame, who pleaded guilty to criminal...

bitFlyer, a Japanese crypto exchange, has acquired the Japanese branch of the now-bankrupt exchange FTX. FTX Japan will be rebranded after the purchase, initially operating under the temporary name New...

BlockFi completes FTX claims sale, ensuring 100% recovery for eligible customer and creditor claims. BlockFi partners with Coinbase for final in-kind distributions, enhancing customer recovery process. Hedge fund Diameter Capital...

Defunct crypto exchange FTX, once valued at $32 billion at its peak and boasting over $10 billion in daily trading volume, has agreed to a $12.7 billion settlement with the...

FTX to distribute $16 billion in cash to creditors by Q4, potentially impacting crypto markets. FTX, the troubled cryptocurrency exchange, is preparing to distribute $16 billion in cash to its...

The FTX customer repayment saga continues to unfold, with a recent update from crypto influencer MartyParty catching the attention of his 96.9K followers. Earlier today, he revealed that FTX creditors...

Sony Group has entered the cryptocurrency trading platform sector with the acquisition of Amber Japan, a move that highlights the conglomerate’s commitment to diversifying its already extensive portfolio. As noted...

Ripple CTO highlights recent SEC legal setbacks amid FTX’s KYC controversy. FTX’s intensified KYC verification process has sparked controversy among creditors, with some facing rejections due to discrepancies in reported...

A U.S. bankruptcy court has approved FTX’s liquidation plan, paving the way for the beleaguered crypto exchange to repay customers in cash following its high-profile collapse. This decision comes after...

The FTX liquidates the final 15M Anthropic shares at $450 million. FTX’s total earnings from Anthropic shares now hit $1.3B with $800M profit. FTX’s bankruptcy legal and administrative fees reportedly...

A lavish penthouse atop the Orchid building in Nassau, Bahamas, is set for sale as part of the ongoing liquidation of assets belonging to bankrupt cryptocurrency exchange FTX. This opulent...

In the wake of the FTX crypto empire’s collapse, U.S. prosecutors are seeking a 5- to 7-year prison sentence for former executive Ryan Salame. Salame has pleaded guilty to his...

Ryan Salame’s lawyers have asked for a lenient sentence for their client. The lawyers begged the court to sentence Salame to not more than 18 months in prison. Salame served...

Ryan Salame, a former executive at the now-bankrupt cryptocurrency exchange FTX, has requested a lenient 18-month prison sentence in connection with the fraud case surrounding the company’s collapse. Salame, who...

According to DeFi^2, a ranked trader on Bybit, Worldcoin might become the most significant transfer of wealth in the upcoming bull cycle. In a post on X, the famous trader...

Sam Bankman-Fried, co-founder of FTX, is now using rice as currency while he is being detained in MDC, Brooklyn, for his fraudulent activities and will serve a 25-year sentence. Bankman-Fried...

The SEC’s intense legalistic activity targeting both large and small, has become a prominent feature of the regulatory landscape. Recently, Robinhood found itself in the crosshairs of the U.S. Securities...

Creditor activist Sunil Kavuri has voiced strong opposition to the proposed plan of FTX to compensate the defrauded customers of the fallen crypto exchange. Kavur took to X to outline...