FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that.

FTX customers who lost money during its collapse will get all their assets back, according to bankruptcy lawyers for the fallen firm. FTX has up to $16.3 billion to repay customers.

Former Alameda Research software engineer Aditya Baradwaj can pinpoint the “exact moment” he knew the party was over for Sam Bankman-Fried and his once-booming FTX cryptocurrency empire.

FTX’s revenue at the time was about $1.5 billion. Ellison, Singh, Wang, and Bankman-Fried met in the Bahamas office. Alameda’s lenders wanted their money back, ...

Lawyers for the once-mighty crypto-exchange FTX described a company riddled with dysfunction and mismanagement during a court hearing on Tuesday, as they sought to explain how the sprawling empire ...

FTX claims it has recovered $1 billion in assets—a fraction of the $8 billion or more missing. Some $3.1 billion is owed to the company’s top 50 creditors, ...

FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...

Bankrupt crypto exchange FTX is seeking to claw back more than $240 million it paid for stock trading platform Embed, saying former FTX insiders did no investigation before buying the essentially ...

Things went downhill for FTX after Binance, the world’s largest cryptocurrency exchange, reversed on a deal to save the company. By Kalley Huang Kalley Huang is a technology reporter based in ...

FTX's creditors will receive a share of their lost funds starting May 30, 2025. BitGo and Kraken — two of the approved distribution agents—are emailing clients to confirm that funds ...

The cryptocurrency exchange FTX was one of the largest in the world, until it collapsed in spectacular fashion over the course of a week. Helmed by CEO Sam Bankman-Fried, whose fortune Forbes ...

When Sam Bankman-Fried’s FTX crypto exchange collapsed, customers lost billions of dollars. A New York court will decide whether SBF committed fraud.