FTX bankruptcy

Bankman-Fried’s Parents Seek to Quash FTX Lawsuit
Bankman-Fried’s Parents Seek to Quash FTX Lawsuit
January 17, 2024  |  Legal

Sam Bankman-Fried’s parents say they can’t be held accountable for their son’s actions at FTX. Joseph Bankman and Barbara Fried were sued last year by FTX, with the...

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Bankman-Fried Prosecutors Call Off Second Trial
Bankman-Fried Prosecutors Call Off Second Trial
January 02, 2024  |  Legal

Disgraced cryptocurrency wunderkind Sam Bankman-Fried will not face another criminal trial. The FTX founder, already convicted on fraud and conspiracy charges connected to the collapse of his...

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FTX Submits Plans to End Bankruptcy Proceedings
FTX Submits Plans to End Bankruptcy Proceedings
December 18, 2023  |  Cryptocurrency

FTX has filed a proposal that would allow the cryptocurrency exchange to exit bankruptcy. The proposal, filed in bankruptcy court Saturday (Dec. 16), would distribute billions in cash...

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FTX Gets OK to Sell $744 Million in Grayscale Stakes
FTX Gets OK to Sell $744 Million in Grayscale Stakes
November 30, 2023  |  Cryptocurrency

FTX has gotten the go-ahead to sell stakes in digital trusts managed by Grayscale. According to recent court filings, a bankruptcy judge has given the...

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FTX Suit Seeks $953 Million From Fellow Crypto Firm Bybit
FTX Suit Seeks $953 Million From Fellow Crypto Firm Bybit
November 12, 2023  |  Cryptocurrency

FTX’s quest to recover its lost assets is continuing with a lawsuit against Bybit. The suit, filed Friday (Nov. 10) in U.S. bankruptcy court, seeks to recoup around...

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FTX’s Former Customers Face ‘Nightmare’ Recovery Process
FTX’s Former Customers Face ‘Nightmare’ Recovery Process
October 05, 2023  |  Cryptocurrency

Nearly a year after FTX’s collapse, the cryptocurrency exchange’s customers are still hurting. Some have formed support groups. Others, per a report Thursday (Oct. 5) by Reuters, have...

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FTX’s Sam Bankman-Fried Rose and Fell, Now Comes His Reckoning 
FTX’s Sam Bankman-Fried Rose and Fell, Now Comes His Reckoning 
October 02, 2023  |  Legal

It took around five days for the cryptocurrency exchange FTX to implode last November. It will take around five or six weeks for the founder...

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Three FTX Celebrity Pitchmen Settle Investor Lawsuit
Three FTX Celebrity Pitchmen Settle Investor Lawsuit
September 17, 2023  |  Cryptocurrency

Three of FTX’s celebrity backers have settled a lawsuit filed by investors in the failed exchange. As Bloomberg News reported Friday (Sept. 16), Jacksonville Jaguars quarterback Trevor Lawrence...

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FTX Hopes to Recover Payments to Shaq and Other Sports Stars
FTX Hopes to Recover Payments to Shaq and Other Sports Stars
September 11, 2023  |  Legal

In its heyday, FTX paid millions to professional athletes to promote its platform. Now, the cryptocurrency company is hoping to get that money back. As Bloomberg News reported...

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