Search Result for 'ftx '

Caroline Ellison, the former CEO of Alameda Research, is likely to face no jail time for her role in the FTX collapse despite pleading guilty to multiple charges. ...

Hip-hop mogul Sean "Diddy" Combs is sharing a jail unit with fallen FTX founder Sam Bankman-Fried at the Metropolitan Detention Center in Brooklyn, New York. Combs was recently ...

FTX and Alameda Research to return $12.7 billion to creditors following a settlement with the CFTC. No civil monetary penalties imposed; all funds will go directly to paying ...

FTX has proposed settling the IRS's $24 billion tax claim with a $200 million payment and $685 million junior subordinated claim. If approved by the judge, FTX would ...

• FTX lawyers and advisors charged over $500 million in the bankruptcy process so far• If some fees and expenses hadn't been cut back, the charges would have ...

• Ryan Salame, former CEO of FTX's Bahamas subsidiary, was sentenced to 7.5 years in prison• He is the first of Sam Bankman-Fried's close associates to be sentenced ...

FTX's new repayment proposal includes an exculpatory clause that aims to absolve the law firm Sullivan & Cromwell (S&C) from potential liabilities. Creditors, particularly from the FTX Customer ...

• FTX says almost all customers will get a full refund through its new reorganization plan.• FTX estimates it owes around $11.2 billion to its creditors but currently ...

FTX plans to pay back 98% of creditors up to 118% of their allowed claims, subject to court approval The remaining creditors will receive 100% of their claims ...

Former FTX co-CEO Ryan Salame will give up his $5.9 million Bahamas property to satisfy a $6.6 million restitution payment as part of his plea deal Salame purchased ...