FTX

‘Aggrieved’ FTX Customers Seek $8 Billion in Forfeited Assets
‘Aggrieved’ FTX Customers Seek $8 Billion in Forfeited Assets
June 18, 2024  |  Cryptocurrency

A group of FTX customers say $8 billion of the company’s forfeited assets are rightfully theirs. As Coindesk reported Tuesday (June 17), these customers are seeking a...

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This Week in Web3: Cross-Border Payments, Crypto Investments, User Education
This Week in Web3: Cross-Border Payments, Crypto Investments, User Education
June 05, 2024  |  Blockchain

Blockchain-based technologies may one day change the worlds of finance and payments. But so far, they haven’t. At least, not in the sweeping and transformative...

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FTX Asks Judge to Stop Class Action Complaints
FTX Asks Judge to Stop Class Action Complaints
June 04, 2024  |  Legal

FTX reportedly aims to stop class action complaints and other lawsuits that target company insiders and venture capital firms accused of being involved in the...

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Sam Bankman-Fried to Remain in Brooklyn Prison to Prepare Appeal
Sam Bankman-Fried to Remain in Brooklyn Prison to Prepare Appeal
June 03, 2024  |  Legal

Sam Bankman-Fried is reportedly back in a prison in Brooklyn after the Bureau of Prisons (BOP) began moving him to a facility in California, the...

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Ex-FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison After September Guilty Plea
Ex-FTX Exec Ryan Salame Sentenced to 7.5 Years in Prison After September Guilty Plea
May 28, 2024  |  Cryptocurrency

The former CEO of FTX’s Bahamas subsidiary was sentenced Tuesday (May 28) to a prison term longer than the prosecutors had asked for. Ryan Salame...

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This Week in Web3: Wells Notices, Crypto Payments and Usability
This Week in Web3: Wells Notices, Crypto Payments and Usability
May 08, 2024  |  Cryptocurrency

Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange...

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FTX Has Enough Cash to Repay Creditors in Full
FTX Has Enough Cash to Repay Creditors in Full
May 08, 2024  |  Cryptocurrency

Eighteen months after its collapse, FTX is ready to repay its customers in full. The cryptocurrency exchange says it has pulled together assets worth $14.5...

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Crypto.com Looks to Sports to Capture Non-Crypto Audience 
Crypto.com Looks to Sports to Capture Non-Crypto Audience 
May 05, 2024  |  Cryptocurrency

Crypto.com wants to increase its sports sponsorships to reach a wider audience. The company is targeting sports as a driver to reach non-crypto enthusiasts and “will double...

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Bankman-Fried Agrees to Help FTX Investors Sue Celebrity Crypto Promoters
Bankman-Fried Agrees to Help FTX Investors Sue Celebrity Crypto Promoters
April 21, 2024  |  Cryptocurrency

A group of FTX investors has agreed to drop legal claims against Sam Bankman-Fried. In exchange, the disgraced former crypto exchange CEO will cooperate in the investors’...

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