What's Going On? FTX Announces a Rare Move, Causing FTT Token to Surge Over 40%

Bankrupt exchange FTX announced that 98% of creditors will receive a 118% cash repayment, with disbursement starting as early as September.

FTX Founder Sam Bankman-Fried Spared Second Trial

The announcement came through a letter submitted to New York federal court on Friday.

Ripple's Subsidiary Dominates FTX Bankruptcy Claims

Ripple Labs Singapore emerges as a major creditor in FTX bankruptcy with a significant $11.4 million claim, revealing complex ties in the cryptocurrency ecosystem.

FTX's Bankruptcy Saga: A Complex Puzzle for Creditors

FTX's bankruptcy plan raises critical valuation and repayment issues, leaving creditors and the crypto industry in limbo.

FTX Judge Aims to Expedite Customer Fund Recovery in Bankruptcy Case

FTX Judge's intervention sparks hope for quicker customer fund recovery in the bankruptcy case, yet uncertainties persist, with IRS cautioned about potentially lower-than-expected recoveries amid complex proceedings.

FTX Founder SBF Adapts to Prison Life Amid Legal Woes

Sam Bankman-Fried's prison experience, marked by unconventional currency use and alleged challenges to living conditions, adds an unexpected chapter to his legal saga. As the legal proceedings continue, the controversy surrounding SBF's actions inside the prison walls raises questions about the complexities of adapting to a new reality while facing serious legal consequences.

FTX Used Customer Funds to Repurchase Binance Stake, Court Reveals

Recent court hearings disclosed that the bankrupt crypto exchange FTX utilized customer funds to repurchase its entire stake held by competitor Binance. The revelation came as part of ongoing investigations related to the trial of Sam Bankman-Fried, with the U.S. Department of Justice hiring an accounting professor to trace the funds between Alameda and FTX.

FTX Estate Pursues $953 Million Lawsuit Against Bybit, Alleging Misappropriation of Funds

The estate of bankrupt crypto firm FTX has filed a lawsuit against Bybit, seeking to recover $953 million transferred to Bybit's investment arm. The legal complaint alleges misappropriation of funds and points to VIP status and questionable withdrawals leading up to FTX's bankruptcy filing.

Former FTX Execs Debut New Crypto Exchange A Year After FTX Downfall

This crypto exchange presents a self-custodial solution that incorporates a multiparty computation technique, ensuring the utmost security for entrusted funds.

FTX's $953M Asset Recovery Battle: Legal Action Against Bybit Amid Bankruptcy

FTX initiates legal action against Bybit and associates in a $953 million asset recovery effort, amidst broader bankruptcy proceedings and ongoing efforts to reclaim funds.

BlockFi Emerges From Bankruptcy, Begins Returning Funds To Customers

OKX to Return $157M of Frozen Assets Linked to FTX and Alameda

OKX investigation discovered accounts holding $157 million in virtual assets owned by FTX and Alameda. 

Euler hacker offers to negotiate return of funds

The attacker sent an on-chain message to the recently exploited DeFi project.

Silvergate to return $9.85M deposit to BlockFi

Silvergate to return $9.85M deposit to BlockFi

The two companies set up a reserve agreement prior to the latter's bankruptcy.

FTX Requests Return of Donations from SBF’s Political Beneficiaries

Politicians who once benefitted from FTX’s hefty donations are being hard-pressed to return the money. 

FTX Now Seeking 'Prompt Return' of SBF's Political Donations

The team overseeing FTX's bankruptcy proceedings has warned that donations made by former CEO SBF or other executives should be returned.

Democrats To Return a Portion of Money Received From Disgraced FTX Founder SBF

Three Democratic campaign groups that received funding from Sam Bankman-Fried are reportedly planning to return more than $1 million.

Beto O’Rourke Returned a $1M Campaign Donation From SBF

The former Texas Democratic candidate for governor was uncomfortable accepting such a large unsolicited donation, according to the Texas Tribune.

Celsius Network to Return Only 22% of Customer Funds