FTX

May 25, 2024

Investigation finds FTX bankruptcy lawyer didn’t conspire with exchange

An independent investigation led by former United States prosecutor Robert Cleary has cleared law firm Sullivan & Cromwell LLP of any wrongdoing in the FTX bankruptcy. […]

FTX estate offloads the last of its highly discounted Solana tokens

In its efforts to compensate creditors and former clients, the FTX estate concluded the sale of its remaining SOL tokens at a discounted rate of $102 […]
May 16, 2024

FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research

Analysts from K33 Research suggest that slated cash repayments to FTX creditors could generate a bullish wave of buying pressure in the crypto market.   FTX […]
May 08, 2024

FTX proposes ‘billions in compensation,’ but not everyone’s happy

FTX, the cryptocurrency exchange that collapsed in 2022, has unveiled a new proposal to compensate victims, promising to repay all creditor claims along with additional compensation […]
May 03, 2024

Former FTX exec Ryan Salame to give up $5.9M Bahamas property

Ryan Salame, former co-chief executive of FTX Digital Markets, has agreed to transfer his multimillion-dollar property in the Bahamas as part of a plea agreement in […]
March 29, 2024

FTX former execs and promotors to settle class-action lawsuit for $1.3M

Former FTX executives and promoters, including co-founder Zixiao “Gary” Wang, former engineering lead Nishad Singh, and Alameda Research ex-CEO Caroline Ellison, have reached a settlement of […]
March 27, 2024

FTX wants to zero out claims on ‘Sam Coins’ but investors resist

In an ongoing bankruptcy case, cryptocurrency exchange FTX sought to discount or reduce the value of certain investors’ claims for “Sam Coins,” closely linked to jailed […]
March 22, 2024

Judge greenlights class suit alleging Silvergate Bank aided FTX fraud

Silvergate Bank is facing a class-action lawsuit from FTX users, alleging complicity in fraud at the exchange and its affiliated trading firm, Alameda Research.   In […]
March 21, 2024

FTX victims will ‘never’ be whole thanks to SBF’s ‘dumpster fire’ — John Ray

John Ray III, the restructuring officer and CEO of FTX, has strongly criticized an attempt by Sam Bankman-Fried‘s lawyers to reduce his sentence, emphasizing the ongoing […]

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