Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process.

Defunct crypto exchange FTX expects to make the next creditor payments on Sept. 30 after $1.9 billion was released by the ...

The defunct FTX exchange announced on Wednesday that the anticipated record date for the next distribution will be August 15, ...

The estate of FTX has filed a lawsuit against rival firm Binance and its former CEO Changpeng Zhao in an effort to claw back nearly $1.8 billion linked to an allegedly “fraudulent” deal ...

FTX has recovered enough assets to pay most of its creditors back in full, the failed crypto exchange said late Tuesday as it unveiled a proposed reorganization plan.

FTX founder Sam Bankman-Fried was convicted in late 2023 of massive fraud at the cryptocurrency exchange and a related hedge fund, Alameda Research.

FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...

FTX on Tuesday asked a U.S. judge to stop outside litigation against company insiders and venture capital firms accused of playing a role in the bankrupt crypto exchange's collapse, saying the ...

FTX fraudster Bankman-Fried seeks less than 7 year sentence, claims he is at risk of ‘harm and extortion' in prison By Dan Mangan,CNBC • Published February 28, 2024 • Updated on March 28 ...