The four companies are relatively independent from the broader FTX group, and each has its own segregated customer accounts and separate management teams, according to an FTX court filing.

TRON founder Justin Sun says First Digital Trust alleged embezzlement of $500 million in client funds is far worse than the ...

Backpack, which acquired FTX EU in January 2025, has opened up the first part of the claims process to former FTX EU ...

In a court filing linked to FTX's Chapter 11 bankruptcy filing last week, John J. Ray, who oversaw creditor recoveries in the Enron scandal, said the concentration of power among a "small group of ...

There were no expense controls for employees whose expenses were approved by chat with personalized emojis, according to the new CEO. The news will cause unprecedented anger among customers of FTX ...