FTX

Report: FTX Customers Feel Cheated by Bankruptcy Repayment Plan
Report: FTX Customers Feel Cheated by Bankruptcy Repayment Plan
January 11, 2024  |  Cryptocurrency

Some former FTX customers are reportedly unhappy with the bankrupt cryptocurrency company’s repayment plans. More than 80 customers have written to the federal bankruptcy judge...

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VC Investment in Crypto Plunged Amid Scandal and Regulatory Issues
VC Investment in Crypto Plunged Amid Scandal and Regulatory Issues
January 10, 2024  |  Cryptocurrency

The year 2023 proved to be a challenging period for cryptocurrency startups, as scandal and regulatory issues took a toll on fundraising efforts. Venture capital...

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Bankman-Fried Prosecutors Call Off Second Trial
Bankman-Fried Prosecutors Call Off Second Trial
January 02, 2024  |  Legal

Disgraced cryptocurrency wunderkind Sam Bankman-Fried will not face another criminal trial. The FTX founder, already convicted on fraud and conspiracy charges connected to the collapse of his...

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FTX Trading and FTX Digital Markets Reach Settlement 
FTX Trading and FTX Digital Markets Reach Settlement 
December 19, 2023  |  Cryptocurrency

Bankrupt crypto exchange FTX Trading has reached a settlement with liquidators for its Bahamas unit, resolving a dispute over whether the company’s U.S. bankruptcy proceedings should...

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FTX Submits Plans to End Bankruptcy Proceedings
FTX Submits Plans to End Bankruptcy Proceedings
December 18, 2023  |  Cryptocurrency

FTX has filed a proposal that would allow the cryptocurrency exchange to exit bankruptcy. The proposal, filed in bankruptcy court Saturday (Dec. 16), would distribute billions in cash...

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FTX and IRS Battle Over $24 Billion Tax Claim
FTX and IRS Battle Over $24 Billion Tax Claim
December 12, 2023  |  Cryptocurrency

FTX Trading is reportedly currently locked in a legal dispute with the Internal Revenue Service (IRS) over a $24 billion tax claim. The outcome of...

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Bankman-Fried Lawyer: Client Was ‘Worst’ Witness in Unwinnable Case
Bankman-Fried Lawyer: Client Was ‘Worst’ Witness in Unwinnable Case
December 12, 2023  |  Legal

Could FTX founder Sam Bankman-Fried have prevailed at trial? David Mills, the veteran attorney who helped the cryptocurrency mogul build his defense, doesn’t think so, according...

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Crypto Sector Lobbying Set to Make New US Record
Crypto Sector Lobbying Set to Make New US Record
December 05, 2023  |  Cryptocurrency

Cryptocurrency firms are reportedly spending record amounts of cash to advance their cause in Washington. Digital asset companies spent $18.9 million on lobbying during the first three...

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FTX Gets OK to Sell $744 Million in Grayscale Stakes
FTX Gets OK to Sell $744 Million in Grayscale Stakes
November 30, 2023  |  Cryptocurrency

FTX has gotten the go-ahead to sell stakes in digital trusts managed by Grayscale. According to recent court filings, a bankruptcy judge has given the...

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