Crypto exchange FTX will refund all of its digital assets to its customers after receiving court approval. Shareholders could also benefit from this decision.
Customers will have access to all of their assets that were blocked when FTX filed for bankruptcy more than a year ago and Sam Bankman-Fried…
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FTX
Refund of money to FTX clients will begin at the end of 2024
Customers of the FTX cryptocurrency platform who were affected by the bankruptcy will begin to receive their money refunded at the end of 2024.
This was recently agreed by the joint official liquidators of FTX Digital at a meeting in the…
FTX to sell its European subsidiary
The cryptocurrency exchange FTX, which was in financial difficulty, reached an agreement to settle a dispute related to its European division. As a result, the company was returned to its previous owners.
According to a Reuters report, FTX…
FTX will be able to sell $1 billion dollars
The bankrupt cryptocurrency exchange FTX got the judge's approval to sell more than $1 billion in shares of artificial intelligence startup Anthropic.
Judge John Dorsey of the Delaware Bankruptcy Court ruled at a hearing on 22 February…
Sam Bankman-Fried is back on the jury.
Sam Bankman-Fried, former CEO of FTX, returned to court for one of the first times since his conviction. The reason for this appearance was to discuss possible conflicts of interest with their lawyers.
According to a February 21 report by…
The Fed withdrew measures from a bank linked to FTX
The United States Federal Reserve Board announced that it has completed an enforcement action against Farmington State Bank, a financial institution linked to the defunct cryptocurrency exchange, FTX.
According to the statement issued on…
Sam Bankman-Fried will not have a second trial
Sam Bankman-Fried, the controversial founder of cryptocurrency exchange platform FTX, will not face a second trial in the United States, prosecutors confirmed last Friday. After being found guilty last month of defrauding FTX users,…
FTX proposes measures to return money to clients
FTX, the cryptocurrency platform under scrutiny by the laws in the United States, proposed in court a restructuring of the company to return money to customers and also end the bankruptcy process.
As you may remember, FTX CEO Sam…
FTX founder found guilty of fraud
The New York jury handling the case of Sam Bankman-Fried, founder of the FTX cryptocurrency platform, found him guilty of the seven crimes of fraud and money laundering with which he was charged.
The trial against Bankman-Fried, 31, lasted…
Sam Bankman-Fried pleads not guilty to fraud
October 3 marked the start of the trial against Sam Bankman-Fried, the founder of the cryptocurrency platform FTX, in federal court in Manhattan. This trial focuses on charges of fraud and money laundering. The first session was largely…
Delaware bankruptcy court approved FTX digital assets sale
In a landmark decision issued on September 13, Judge John Dorsey of the Delaware Bankruptcy Court gave the green light to the sale of FTX's digital assets. The original order underwent significant changes the day before the hearing, marking…
Blockchain firm is offering $46,000 to identify FTX hacker
Arkham Intelligence, the leading Blockchain data analytics firm, took a bold step to track down the person responsible for the hack against FTX in 2022. The company recently launched its ARKM token and has put a price on the head of the…