Welcome to our live coverage of the trial of FTX founder Sam-Bankman-Fried ... Ellison responded that she wanted to preserve morale. To conclude the testimony, prosecutor Danielle Sassoon brought ...

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 ...

The beneficiaries include hedge funds that picked up FTX customer claims that traded as low as 10 cents on the dollar after the company collapsed. FTX, which sought protection in November 2022, said ...