The managers of bankrupt crypto exchange FTX sued the parents of co-founder Sam Bankman-Fried to 'recover millions of dollars in fraudulently transferred and misappropriated funds.' ...

After Sam Bankman-Fried's conviction, the crypto industry wants to turn the page. But the collapse of the cryptocurrency exchange FTX continues to cast a long shadow.

Maybe, just maybe, the investors in financial firms and the managers who run them will make the effort to learn the key lessons of behavioral risk management, in order to avert more FTX-type ...

The FTX scandal looks like a new twist on an old problem There are parallels to the collapse of the Charitable Corporation, a financial scandal that rocked 18th-century London ...

To say that FTX made a mess in the crypto space is an understatement, and some have argued that this single collapse has set the crypto lobbying industry years behind in the U.S., even as other ...

The bankruptcy managers tracked down all of FTX’s crypto and other holdings and hired an investment manager to sell them.

FTX employees claimed expenses through chat messages, its new CEO said. Random managers would then approve the official claims by using personalized emojis, John Ray added. In his damning report ...

FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using $16 billion in assets recovered since the once-leading crypto exchange collapsed.

The 2022 collapse of FTX has become one of the most expensive Chapter 11 cases in U.S. history. According to a Bloomberg report, the fees associated with FTX’s bankruptcy proceedings have nearly ...

FTX Creditor Linda Favario has filed a complaint with the US Bankruptcy Court over the extravagant spending of the FTX Administrators. In her letter dated December 17, 2024, Favario called the ...

With notorious FTX founder Sam Bankman-Fried recently receiving a unanimous guilty verdict (the bad), and institutional financial managers primed to offer new ways of gaining bitcoin exposure (the ...

FTX’s U.S. managers are negotiating with Bahamian authorities to resolve a dispute over access to the failed crypto exchange’s electronic records, lawyers said in a court hearing Friday ...