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.

The bankruptcy managers tracked down all of FTX’s crypto and other holdings and hired an investment manager to sell them. All of that took time, and while it was happening, crypto markets staged ...

FTX Founder Sam Bankman-Fried Appears In New York Court For Arraignment Hearing. Getty Images. As the long-awaited FTX trial gets underway, with Samuel Bankman-Fried set to begin his court ...

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 ...

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 ...

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.

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 ...

FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao to recover $1.76 billion that FTX alleges was fraudulently transferred by Sam Bankman-Fried.

The cryptocurrency industry has been rocked by the implosion of the once-popular FTX exchange, whose downfall has brought down a number of firms and maimed or destroyed many others. Investors and ...

The managers steering failed crypto exchange FTX and its sister trading firm Alameda Research through chapter 11 bankruptcy have sued crypto asset manager Grayscale Investments, alleging that it ...