Search Result for 'ftx'

FTX expects its Chapter 11 Plan of Reorganization to be effective in early January 2025, paving the way for creditor and customer distributions to begin. Customers must establish ...

3AC alleges FTX liquidated assets worth $1.33 billion before the hedge fund’s collapse. Claims against Terraform Labs cite alleged misleading information on Terra ecosystem stability. FTX intensifies asset ...

FTX has filed a lawsuit against Binance and its founder Changpeng Zhao (CZ), seeking $1.8 billion in damages. The lawsuit alleges that in 2021, Binance and CZ misled ...

FTX’s bankruptcy estate is pursuing $100 million from SkyBridge Capital and founder Anthony Scaramucci. FTX alleges funds used for sponsorships and investments lacked economic justification and breached contractual ...

• Caroline Ellison began serving her two-year prison sentence in Connecticut for her role in the collapse of FTX• Ellison was the co-CEO of Alameda Research and the ...

• Ex-FTX engineering director Nishad Singh was sentenced to time served and three years of supervised release• Singh pleaded guilty to six felony charges in February 2023 and ...

FTX CEO John J. Ray III sent a letter to Judge Lewis Kaplan asking for leniency in the sentencing of former FTX executive Nishad Singh, citing Singh's valuable ...

FTX has filed a motion seeking approval for a settlement agreement with former Alameda Research CEO Caroline Ellison, requiring her to turn over substantially all of her remaining ...

• FTX received court approval of its bankruptcy plan, allowing it to fully repay customers using $16 billion in recovered assets• The plan will pay FTX's customers at ...

On September 24, 2024, Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison. Ellison cooperated with U.S. federal authorities in their investigation ...