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FTX Bankruptcy Plan Approved: $16 Billion In Assets To Be Repaid, FTT Price Soars 20%

[Oct 7 8:33 PM] A US bankruptcy court has officially approved crypto exchange FTX liquidation plan, paving the way for it to repay customers using $16 billion in recovered assets, according to Reuters, which reports that the ruling was made by Judge John Dorsey…

FTX Seeks Customer Consensus: Multi-Billion Dollar Compensation Plan Goes To Vote

[Jun 25 8:00 PM] FTX, the failed crypto exchange, will seek customer approval for its Chapter 11 plan to compensate victims and resolve government penalties stemming from the platform’s fraudulent collapse in November 2022.  The decision by Judge John Dorsey…

FTT Surges 50% On FTX Creditors’ Claims Settlement And Billions In Compensation: How High Can It Rise?

[May 8 1:00 PM] In a significant development, defunct cryptocurrency exchange FTX has unveiled a reorganization plan to reimburse almost all of its customers.  The announcement has sparked a substantial surge in the exchange’s native token, FTT, which…

FTX Co-Founder Sam Bankman-Fried’s Civil Liability Released In Settlement With Investors

[Apr 24 10:00 PM] According to a recent Bloomberg report, a group of investors and customers of cryptocurrency exchange FTX have agreed to drop their claims against co-founder Sam Bankman-Fried.  In exchange, Bankman-Fried has agreed to cooperate with the plaintiffs…

FTX Co-Founder Sam Bankman-Fried Appeals 25-Year Conviction And Makes Unusual Request

[Apr 11 8:30 PM] In a dramatic turn of events, Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has been sentenced to 25 years in prison for defrauding users. The judgment was handed down by US District Judge Lewis Kaplan during a…

FTX Founder Sam Bankman-Fried Breaks Silence, Announces Appeal For 25-Year Conviction

[Apr 1 9:00 PM] In a recent interview with ABC News, Sam Bankman-Fried (SBF), the co-founder and former CEO of the now-bankrupt cryptocurrency exchange FTX, spoke about his remorse and plans for an appeal following his recent 25-year prison sentence for fraud. FTX…

BREAKING: Sam Bankman-Fried Sentenced To 25 Years In Prison

[Mar 28 10:14 AM] In a highly anticipated courtroom verdict, Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, has been sentenced to 25 years in prison for defrauding users. US District Judge Lewis Kaplan delivered the judgment during a…

FTX And IRS Lock Horns Over $24 Billion Tax Bill, FTT’s Key Support Wavers

[Dec 12, 2023 7:00 PM] In a striking turn of events, the Internal Revenue Service (IRS) in the United States has presented a staggering tax bill of $24 billion against the bankrupt cryptocurrency exchange FTX.  FTX Challenges IRS’s $24 Billion Tax Bill According to…

Disgraced FTX Co-Founder Placed On Suicide Watch In Prison, Reveals Former Inmate

[Dec 1, 2023 3:00 PM] Sam Bankman-Fried, the co-founder of the FTX crypto exchange, who was recently found guilty of multiple counts of criminal fraud, reportedly faced a harrowing experience while incarcerated.  According to a former mobster turned federal informant…

From Crypto To Catch: Disgraced FTX Founder Turns To Trading Fish In Prison

[Nov 23, 2023 4:30 PM] According to a report by Business Insider, Sam Bankman-Fried (SBF), co-founder and former CEO of FTX, has adapted to the economic system of New York’s Metropolitan Detention Center (MDC), where he is currently awaiting sentencing on multiple…

FTX Ramps Up Restitution Efforts, Subpoenas AI Firm CAIS Over $6.5M Investment

[Oct 26, 2023 1:00 PM] Bankrupt crypto exchange FTX, led by newly appointed CEO John Ray III, has embarked on an intensive legal campaign to regain control and recover assets in its pursuit of financial restitution.  As founder Sam Bankman-Fried awaits possible…

FTT Up By 21% Despite FTX Claims Portal Troubles

[Jul 12, 2023 11:00 AM] FTT, the native token of the controversial FTX ecosystem, has been pumping lately. This recent price upswing was triggered by the launch of a customer claims portal, an online platform for customers to access their account information and submit…

FTX’s SBF Hit With Fresh Batch Of Bank Fraud Charges

[Feb 23, 2023 12:45 PM] Former FTX CEO Sam Bankman-Fried (SBF) is facing a new slate of bank fraud charges this week, including the likes of conspiracy to operate an unlicensed money-transmitting business and conspiracy to commit bank fraud. A newly-released indictment…

NYDIG Analyzed The FTX Collapse And Its Implications. What Did We Learn?

[Nov 19, 2022 2:19 AM] It’s time for NYDIG to chip in. The FTX fiasco is the theme of the month in the crypto world, and the show’s just beginning. The NYDIG research team avoids the temptation to summarize the whole saga and goes straight to the implications of the fall…

Ep07- Moneyland – Companion Guide For BBC’s “The Missing Cryptoqueen” Podcast

[Nov 17, 2022 11:19 PM] What’s Moneyland? That’s what the first half of this “The Missing Cryptoqueen” episode is about. The second part is about Frankfurt, the city where Jamie and Georgia think that Dr. Ruja might be hiding. In any case, Moneyland is that mythical plac

Kraken’s Jesse Powell Blast FTX And Sam Bankman-Fried Without Naming Them

[Nov 10, 2022 8:31 PM] Leave it to Jesse Powell to say what everyone in crypto is thinking. “I’m really trying to control my rage,” the mind behind Kraken tweeted to begin his rant. In the following article, we’ll comment on several of his very interesting points…