Search Result for 'FTX's'

FTX co-founder Sam Bankman-Fried will appeal his conviction and 25-year prison sentence for fraud Bankman-Fried filed a notice of appeal in federal court in Manhattan on Thursday A ...

FTX acquired Digital Custody Inc. for $10 million in February 2022 to expand its custody services, but sold it for just $500k in December 2022 after declaring bankruptcy. ...

Appeals court ruled that an independent examiner must be appointed to investigate FTX's collapse, overturning an earlier decision. Judge said the probe led by FTX's CEO has concerning ...

Several FTX customers have objected to the exchange’s plan to estimate digital asset claims in US dollars during bankruptcy, arguing it would deprive them of gains since filing. ...

FTX's massive holdings of SOL tokens, worth about $4.2 billion at current prices, have soared in value compared to earlier estimates of $1.16 billion. This unexpected windfall from ...

FTX, a bankrupt cryptocurrency exchange, has proposed a plan to return up to 90% of the funds held by creditors before its collapse. The proposed plan includes dividing ...

In recent developments, a class-action lawsuit has been filed against Binance, a prominent cryptocurrency exchange, and its CEO, Changpeng Zhao. The plaintiff, a resident of California, alleges that ...

FTX's $500 million investment in AI startup Anthropic could provide financial relief to affected customers, as the company's value has soared to $4.6 billion, potentially offering a means ...

FTX's $500 million investment in AI startup Anthropic could provide financial relief to affected customers, as the company's value has soared to $4.6 billion, potentially offering a means ...

FTX.US sold off LedgerX in a court-approved transaction as part of its Chapter 11 bankruptcy proceedings, resulting in M7 Holdings acquiring the derivatives trading platform for $50 million. ...