(Bloomberg) -- The cost of FTX’s bankruptcy is approaching $1 billion, cementing the implosion of Sam Bankman-Fried’s crypto enterprise as one of costliest Chapter 11 cases in US history.

Two former FTX executives appear to have had time trimmed off their prison sentences for their roles in the ...

FTX Digital Markets is set to begin repaying $1.2 billion to its creditors, marking the first major distribution since the exchange collapsed in 2022. Payments will start with priority given to ...

FTX has reached a settlement with K5 Global, a venture capital firm co-founded by a former aide in Hillary Clinton’s office, resolving a lawsuit that sought to recover $700 million in disputed ...

In November 2022, an article revealed that FTX was co-mingling customer funds with Alameda Research, a crypto hedge fund also run by SBF. Binance, the largest crypto exchange, began liquidating ...

Welcome to our live coverage of the trial of FTX founder Sam-Bankman-Fried, or SBF for short. Check out our explainer for everything you need to know about the trial. And follow along here each ...

FTX Digital Markets, the Bahamian unit of the collapsed cryptocurrency exchange FTX, is set to repay the first group of creditors on Feb. 18 in a significant development for the crypto industry ...

WELCOME TO OUR live coverage of the verdict in the trial of Sam-Bankman-Fried. The FTX founder has been found guilty on all seven charges and faces up to 115 years in prison. The guilty verdict ...

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 ...