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An FTX user is suing NBA team Golden State Warriors, accusing them of fraudulently promoting the FTX exchange after losing $750,000 due to the platform’s collapse. The plaintiff Elliot Lam,…
FTX, its former chief Sam Bankman-Fried’s parents, as well as senior executives of the fallen crypto exchange, purchased at least 19 properties worth almost $121 million in the Bahamas, according…
The first twelve days of November were perhaps the darkest for 30-year-old Sam Bankman-Fried (SBF), as he not only lost his crypto empire but went from being a Bitcoin billionaire…
Cryptocurrency entrepreneur and billionaire Justin Sun is reportedly evaluating FTX’s assets for potential purchase. As reported by the Wall Street Journal, Sun said on Tuesday that he is open to…
Crypto exchange Gemini revealed working closely with Genesis Trading and its parent company Digital Currency Group, Inc, to find a solution for Earn users to redeem their funds. In a…
Bankrupt crypto exchange FTX and its affiliates had a total cash balance of $1.24 billion as of November 20, as per its bankruptcy filing. Sam Bankman-Fried’s crypto empire collapsed into…
Now that the dust has begun to settle following the unexpected collapse of FTX, government officials have started to plan hearings on the subject. Given the size of the now-bankrupt…
Despite the ultimate crash of FTX, the Japanese subsidiary of the company reportedly plans to allow client withdrawals by the year’s end. The fiasco of Sam Bankman-Fried’s exchange became one…
Collapsed crypto exchange FTX owes nearly $3.1 billion to its top 50 creditors, as per filing from its Chapter 11 bankruptcy protection proceedings. It was earlier reported that the company…
The entity that drained FTX’s wallets after the fallen exchange filed for bankruptcy continues to move around the funds. Although the Bahamas’ securities regulator claimed it siphoned the funds, the…