FTX

FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit
FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit
November 28, 2023  |  Legal

Investors who lost billions of dollars in the collapse of cryptocurrency exchange FTX have reportedly expanded their legal action to include Major League Baseball (MLB), Formula 1 racing, and Mercedes-Benz...

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Tale of 2 Crypto Exchanges: Binance’s Money Laundering vs FTX’s Misappropriation
Tale of 2 Crypto Exchanges: Binance’s Money Laundering vs FTX’s Misappropriation
November 22, 2023  |  Cryptocurrency

Cryptocurrency exchanges play a vital role in the digital asset ecosystem. They facilitate the buying, selling, trading, transferring, and storing of both individual and institutional...

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FTX and BlockFi Get Permission to Begin Settlement Talks
FTX and BlockFi Get Permission to Begin Settlement Talks
November 14, 2023  |  Legal

A federal judge said cryptocurrency firms FTX and BlockFi can begin discussing a settlement. BlockFi, which hopes to recover funds owed by FTX, declared bankruptcy...

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Ex-FTX Execs Launching New Crypto Exchange
Ex-FTX Execs Launching New Crypto Exchange
November 12, 2023  |  Cryptocurrency

At Sam Bankman-Fried’s trial last month, Can Sun was a key witness. Now, the former FTX general counsel is reportedly at work on a new...

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FTX Suit Seeks $953 Million From Fellow Crypto Firm Bybit
FTX Suit Seeks $953 Million From Fellow Crypto Firm Bybit
November 12, 2023  |  Cryptocurrency

FTX’s quest to recover its lost assets is continuing with a lawsuit against Bybit. The suit, filed Friday (Nov. 10) in U.S. bankruptcy court, seeks to recoup around...

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CFTC to Propose Strengthening Regulations to Safeguard Customer Funds
CFTC to Propose Strengthening Regulations to Safeguard Customer Funds
November 09, 2023  |  Cryptocurrency

The Commodity Futures Trading Commission (CFTC) is reportedly working on a draft proposal to enhance regulatory defenses and protect client funds. Coming in response to last year’s...

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Celsius Bankruptcy Case Comes to a Close
Celsius Bankruptcy Case Comes to a Close
November 09, 2023  |  Cryptocurrency

Cryptocurrency platform Celsius Network has won permission to end its bankruptcy case. And with that approval, the company can now return most of the remaining crypto back to its...

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FTX’s Possible Suitors Include Ex-NYSE Head
FTX’s Possible Suitors Include Ex-NYSE Head
November 08, 2023  |  Cryptocurrency

By this time next month, FTX could have a new owner. And among the three bidders for the bankrupt cryptocurrency exchange is a company headed by Tom Farley,...

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SBF Conviction Could Fuel FTX Celebrity Lawsuits
SBF Conviction Could Fuel FTX Celebrity Lawsuits
November 07, 2023  |  Legal

The criminal case against FTX founder Sam Bankman-Fried reached its climax last week. The civil cases involving his former company, however, are ongoing. Bankman-Fried’s conviction...

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