FTX

FTX Founder Sam Bankman-Fried Accused of Looting Platform for $2 Billion: Financial Statements Reveal Shocking Transfers

More than $2 billion was transferred to Sam Bankman-Fried by FTX corporate entities, according to documents filed with the court, the Financial Times reports.According...

Crypto-focused hedge fund Galois Capital shuts down following FTX scandal and returns remaining money to investors

A hedge fund that was one of the most high-profile victims of the FTX scandal, when half of its assets were trapped in the...

FTX Exchange Explores a Comeback: New CEO Sets Up Task Force to Consider Restarting Operations

The bankrupt cryptocurrency exchange FTX is considering restarting operations, new CEO John Ray told the Wall Street Journal.Ray, who took the reins in November,...

Sam Bankman-Fried Continues To Claim Innocence in FTX Embezzlement Scandal

Sam Bankman-Fried claimed he did not steal money and blamed the collapse of the bankrupt FTX exchange on a major crash in cryptocurrency markets,...

FTX bankruptcy proceedings reveal over $5 billion in assets to repay creditors

Cryptocurrency exchange FTX has recovered more than $5 billion in cash, liquid cryptocurrencies and securities, a lawyer for the bankrupt company founded by Sam...

FTX collapse: Sam Bankman-Freed pleads not guilty

Specifically, the 30-year-old is accused of committing multi-billion dollar fraud as he misappropriated funds from his clients' deposits to finance his business plans, real...

FTX: Co-founder Gary Wang and former Alameda Research head Caroline Ellison guilty of fraud

FTX co-founder Gary Wang and the former head of Alameda Research, Caroline Ellison, pleaded guilty today to charges brought against them by US federal...

FTX’s Bankman-Fried positive on his extradition to the US

FTX founder and former CEO Sam Bankman-Fried will no longer oppose extradition to the United States, days after being detained in the Bahamas pending...

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AAVE and Litecoin Lead Crypto Market Gains as CoinDesk 20 Index Edges Higher

The CoinDesk 20 Index showed modest gains of 0.2%, reaching 3310.92 points in the latest trading session. AAVE emerged as...

Ondo Finance Launches New Platform to Tokenize Traditional Securities

Ondo Finance launches Ondo Global Markets to tokenize traditional US securities. The platform aims to replicate stablecoins' impact on dollar...

White House Crypto Czar: Stablecoins Could Generate Trillions in Treasury Demand

White House plans joint Senate-House legislative effort on digital assets and stablecoins within 100-day timeline. Stablecoins could generate substantial Treasury...

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