John J. Ray III, the new chief executive of FTX, testified in front of a House committee in mid-December on the collapse of the crypto exchange. His testimony came less than a day after the ...

FTX, the collapsed cryptocurrency exchange once helmed by Sam Bankman-Fried, plans to begin paying its main creditors at the end of May, Bloomberg reported based on court proceedings in Delaware this ...

Amid crypto market volatility, Tether stacked more Bitcoin in the first quarter and GameStop has earmarked more than $1 ...

Earlier, too, we saw how the Luna incident triggered the shutdown of numerous entities, including Vauld, Celsius ... “The collapse of FTX and its native token, FTT, has been a shock for the ...

Tom Brady and ex-wife Gisele Bündchen, among the biggest shareholders of now-defunct crypto exchange FTX, lost nearly $50 million due to their involvement in the company, according to a report.

Investors Lost Massive Amounts in Crypto Crash The depegging of Terra’s UST coin and the collapse of Celsius and 3AC a ... cause the overnight implosion of FTX a few months later.

More than a year before its collapse, FTX moved its headquarters to the Bahamas—a country that worked to lure crypto companies to its shores. So what makes the nation attractive to crypto?

Coinbase faces a tough Q1 with a 30% drop in stock. The broader crypto market suffers, while gold gains in a risk-off environment.

Related: Celsius to appeal order that disallowed ... according to his LinkedIn profile. During FTX’s collapse in 2022, Backpack lost $14.5 million, or 88% of the company’s operating funds.