FTX sues Binance and its former CEO for US$1.8 billion
COLLAPSED cryptocurrency company FTX is suing Binance and its former CEO Zhao Changpeng, alleging that US$1.8 billion was “fraudulently transferred” ...
Tag: FTX
FTX clear to repay customers as firms seek slice of US$1 billion
CRYPTOCURRENCY firm FTX won court approval to fully repay customers whose digital assets were locked on the platform when it ...
FTX auditor settles US SEC negligence case, pays fine
A FORMER auditor for FTX will pay US$1.95 million to settle two US Securities and Exchange Commission (SEC) cases, including ...
Bitcoin drops below US$59,000 after worst week since FTX collapse
BITCOIN is under pressure from a bout of risk aversion in global markets that saddled the largest digital asset with ...
FTX customers to vote on multi-billion US dollar repayment plan
FTX customers will be asked in the coming weeks to vote on the failed crypto exchange’s multi-billion US dollar plan ...
FTX seeks to stop outside litigation against insiders, VC firms
FTX on Tuesday (Jun 4) asked a US judge to stop outside litigation against company insiders and venture capital (VC) ...
FTX has billions more than needed to pay bankruptcy victims
CRYPTOCURRENCY exchange FTX has amassed billions of US dollars more than it needs to cover what customers lost in its ...
Bitcoin faces worst month since FTX crash with ETF demand cooling
THE prospect of higher-for-longer interest rates is weighing on crypto, underlined by deepening Bitcoin losses after the token’s worst monthly ...
Sam Bankman-Fried appeals fraud conviction, 25-year jail term
FALLEN cryptocurrency wunderkind Sam Bankman-Fried has appealed his federal conviction and 25-year jail sentence in a sweeping fraud case, according ...
Frustration for some of Bankman-Fried’s victims who hoped for stiffer sentence
SOME former FTX customers expressed anger and disappointment on Thursday after Sam Bankman-Fried, the crypto exchange’s former billionaire boss, was sentenced to ...
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