FTX and Alameda's $8.7 billion restitution and $4 billion disgorgement address significant investor losses from their fraudulent activities. Industry stakeholders will discuss these developments at ...
The FTX Recovery Trust, a legal entity established to manage the bankruptcy estate of FTX Trading Ltd. following its collapse in November 2022, has recently filed a lawsuit aiming to reclaim more than ...
FTX will begin distributing funds to creditors on September 30, after getting court approval to release $1.9 billion in previously held reserves. This update came from FTX Trading Ltd. and the FTX ...
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors. Bankrupt cryptocurrency exchange FTX and the United ...
The FTX bankruptcy estate is pushing back against a claim by Jump Trading's subsidiary Tai Ho Shan, which asserts that Alameda didn't deliver 800 million SRM $0.009248 tokens and wants $264 million in ...
The U.S. Securities and Exchange Commission on Friday said it filed proposed final consent judgments to resolve civil cases ...
The FTX bankruptcy estate is defending a significant claim made by Jump Trading’s subsidiary, Tai Mo Shan. The claim involves a loan agreement in which Alameda Research was supposed to deliver 800 ...
On Friday, Sam Bankman-Fried sat on the stand, once again in an oversized gray suit and purple tie, and testified in front of a jury. He’s on trial for seven charges related to fraud and money ...
Following the acquisition, FTX Japan will be renamed and operate a crypto custody service that will feature crypto ETFs once such products are allowed in Japan. Japanese cryptocurrency exchange ...
Defunct crypto exchange FTX and trading firm Alameda Research will pay $12.7 billion to creditors as a New York judge officially approved a consent order on Wednesday, ending a 20-month-long lawsuit ...
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