FTX News
FTX, Genesis Strike Deal to Settle Multi-Billion Dollar Bankruptcy Dispute
Bankrupt crypto exchange FTX and crypto lender Genesis reach an agreement in principle to resolve multi-billion dollar claims. The “settlement” aims to resolve various claims,…
US Prosecutors Acquit SBF of Illegal Campaign Donations: Report
Sam Bankman-Fried has been acquitted of unlawful campaign contributions, one of the charges imposed on him. The Bahamas revealed that the extradition documents were exclusive…
FTX Faces Fresh Controversy: Alleged Island-Buying Plan
Legal action unveils extensive fraud at bankrupt crypto giant FTX Trading. Lawsuit exposes alleged cash shortfall and dubious transactions at FTX. Accusations of island acquisition…
Bankrupt FTX Seeks to Recover $71M from its Philanthropic arm
FTX lawyers seek to recover $71 million from the company’s Philanthropic and Life Science arm. The court filings claim that the donations were made with…
Australian Regulator Permanently Withholds FTX Business License
Australia's regulator cancels FTX's crypto exchange license. FTX Australia is allowed to provide limited financial services until July 12, 2024. The exchange is still required…
Ex-FTX Official Constance Wang Takes on New Role at Sino Global
FTX top executive FTX Constance Wang is back in the crypto ecosystem with a new role at Sino Global. Before the FTX collapse, she had…
FTX Relaunch Likelihood Is Low, Expert Argues Using Past Cases
Bankrupt FTX crypto exchange explores the possibility of relaunching operations. Expert says the relaunch is unlikely, citing challenges in finding a willing buyer. FTX will…
FTX CEO: We Have Begun Soliciting Interested Parties to Reboot FTX.com
FTX sets sights on revival, actively seeking investors to relive its FTX.com. Existing customers may be offered a stake in the rebranded entity. FTX's FTT…
XRP Lawyer Questions SBF’s Parents’ Involvement in FTX Case
John E Deaton raised questions about the investigation regarding SBF’s parents’ involvement in the FTX case. It was earlier reported that SBF’s parents received payments…
FTX Takes Legal Action: Sues Ex-Clinton Aide Firm K5 Global for $700M
FTX has filed a lawsuit for $700 million against K5 Global. FTX accuses K5 Global of fraud, causing substantial financial harm to the exchange. The…
