FTX said that 98% of FTX customers will receive at least 118% of their claims, and others will receive 100% plus billions of dollars in compensation for the time value of their money.
John Ray III, who succeeded the disgraced Sam Bankman-Fried as the chief executive of FTX shortly after ... repayment of all depositors should be a mitigating factor in his sentencing. If Ray had not ...
Fallen cryptocurrency exchange FTX has raked in billions of dollars more than it needs to fully pay back customers who lost ...
FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will ...
FTX bankruptcy lawyers said it would have between $14.5 and $16.3 billion to distribute — mostly from Alameda or FTX Ventures ...
Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would ...
Defunct crypto exchange FTX said it will have more than enough money to fully repay its millions of swindled customers with ...
According to a Tuesday bankruptcy court filing, cryptocurrency exchange FTX said 98% of all its creditors will get at least 118% of allowed claims in cash within 60 days of court approval of the ...
Zhao's sentencing comes shortly after Sam Bankman-Fried was sentenced to 25 years in prison for fraud committed at his rival ...
Ethereum incubator ConsenSys sued the U.S. Securities and Exchange Commission (SEC) for an injunction asking a federal court to block ...
But it also raises a question: Was Sam Bankman-Fried, the former FTX leader who was ... for excluding evidence and testimony that Bankman-Fried could make customers whole.) At Bankman-Fried’s ...
“Sam Bankman-Fried doesn’t make decisions with malice in his heart ... One FTX customer, Sunil Kavuri, spoke at sentencing, saying he'd traveled from London on behalf of over 200 victims who had sent ...