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The CFTC settlement requires FTX to pay $8.7 billion in restitution and $4 billion in disgorgement, which will be used to further compensate victims for losses suffered during the exchange's collapse.
The founder of a crypto exchange that once lost millions of dollars in the FTX collapse is warning the same risks are ...
Bankrupt crypto exchange FTX may sell its shares in artificial intelligence startup Anthropic, a U.S. judge ruled Thursday.
Law firm Fenwick & West has denied it knew of the fraud at crypto exchange FTX, and asked a judge to dismiss a proposed ...
The industry continues to deal with the collapse of Sam Bankman-Fried’s FTX exchange. Hopefully, the long wait for FTX’s former crypto exchange users will soon come to an end. After two years ...
Former FTX legal advisors, Fenwick & West have moved to dismiss a lawsuit that alleges the firm played a key role in the ...
Bankrupt cryptocurrency exchange FTX announced a new restructuring plan that, if approved, could finally give most of its customers access to money they lost—plus interest.
Almost all customers of collapsed cryptocurrency exchange FTX will get their money back — and more, according to a court filing. FTX estimates that it owes creditors around $11.2 billion ...
The estate of the failed crypto exchange FTX is suing Binance and its former CEO Changpeng Zhao for $1.8 billion that it says was given fraudulently.
Cointelegraph explores developments in FTX’s criminal and bankruptcy cases since the exchange filed for Chapter 11 on Nov. 11, 2022.