FTX bankruptcy estate says the sale of FTX EU to crypto exchange and wallet firm Backpack was not authorized. Backpack responded by saying that in December 2024, the Cyprus regulator approved Backpack ...
The document is packed with tables showing hypothetical "mark-to-market" gains on assets FTX once held, from Solana to Anthropic, implying the company would be worth over $100 billion today if not for ...
June 24 (Reuters) - An increasingly nasty tussle is underway for control of billions of dollars in claims arising from the 2022 implosion of crypto exchange FTX. The dispute is pitting lawyers who are ...
Sam Bankman-Fried asked a federal appeals panel for a new trial in the FTX fraud case, arguing that new witness testimony could weaken the case that led to his 25-year sentence. Former FTX CEO Sam ...
Caroline Ellison was sentenced Tuesday to 24 months for her role in covering up Sam Bankman-Fried’s rampant fraud at FTX—which caused billions in customer losses. Addressing the judge at sentencing, ...
U.S. District Court for the Southern District of Florida in Miami. Photo: Michael A. Mora/ALM. A group of athletes, celebrities and entertainment entities accused of aiding the sale of unregistered ...
Shaquille O’Neal may have dominated on the basketball court, but his off-court moves in crypto haven’t aged quite as gracefully. The NBA Hall of Famer recently agreed to a $1.8 million settlement in a ...
After cryptocurrency exchange FTX filed for bankruptcy in 2022, specialized distressed asset investors started buying up the company's debt. They stand to make big profits off the remains of FTX.
Plaintiffs’ focus has narrowed to one law firm that they allege enabled FTX’s rise and concealed its faults. A motion to dismiss and a request for leave to amend the complaint are now before U.S.