FTX wants answers about $6.5 million its founder gave to an artificial intelligence (AI) nonprofit. The bankrupt cryptocurrency firm’s new management said in a Wednesday...
FTX founder Sam Bankman-Fried is reportedly planning to testify in his own fraud trial. Bankman-Fried’s attorney revealed that information in a conference call Wednesday (Oct. 25), according to...
Crypto lender BlockFi has announced that it will wind down its operations and begin returning crypto assets to customers. BlockFi has emerged from bankruptcy and will now...
Former FTX CEO Sam Bankman-Fried is enlisting the help of an expert witness to challenge the testimonies of key witnesses in his ongoing legal battle....
Blockchain firm Ripple scored another victory in its 3-year-old battle with the Securities and Exchange Commission (SEC). The SEC plans to dismiss its claims that...
A former FTX lawyer testified that the company had falsely promised institutional customers, including hedge fund Sculptor Capital Management, that their assets would be safe in...
In the 11th day of Sam Bankman-Fried’s criminal trial, the prosecution brought out an accountant. University of Notre Dame Professor Peter Easton, a forensic accountant,...
The Federal Reserve is reportedly ready to propose reducing debit card fees for merchants. The U.S. central bank on Tuesday (Oct. 17) announced a meeting...
Sam Bankman-Fried’s multibillion-dollar criminal financial fraud trial is nearing its halfway point. And Nishad Singh, the former engineering director at the since-imploded FTX cryptocurrency exchange,...