FTX Sues Binance and Ex-CEO Zhao, Seeking $1.8 Billion Clawback
FTX filed a lawsuit against Binance Holdings and its former Chief Executive Officer Changpeng Zhao, seeking to claw back almost…
FTX Cleared to Repay Billions to Customers After Bankruptcy Plan Approval
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up…
US CFTC Orders Bankrupt Crypto Exchange FTX to Pay $12.7 Billion to Users
A US court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion (roughly Rs. 1,06,572 crore) in relief to its…
Sam Bankman-Fried Sentenced to 25 Years for Multi-Billion Dollar FTX Fraud
Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion (roughly Rs. 66,678…
Sam Bankman-Fried Urges Lenient Sentence, Citing FTX Fund Recovery
Sam Bankman-Fried’s lawyer urged a judge on Tuesday to impose a lenient sentence for the FTX founder’s conviction for stealing…
Crypto Firms in US on Track for Record Spending on Lobbying in 2023
The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which…
More Crypto Safeguards Needed to Prevent FTX Fallout Situation: FSB
More measures may be needed to stop blow-ups at complex crypto firms like FTX from destabilising the wider financial system,…
FTX Founder Sam Bankman-Fried Convicted of Multi-Billion Dollar Fraud
FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one…
BlockFi to Shut Operations, Return Crypto Assets to Customers
BlockFi emerged from bankruptcy on Tuesday, saying it will wind down operations and begin returning crypto assets to customers 11 months after it was swept away by the…
FTX Gets Court Permission to Sell Crypto Assets: Details
Bankrupt crypto exchange FTX received US court permission on Wednesday to liquidate cryptocurrency assets, a move the company said would…