The fall of FTX is among the most sudden and massive in recent history. Cryptocurrency exchange FTX collapsed from a multibillion-dollar corporate darling into a bankrupt cautionary tale within a ...

FTX founder Sam Bankman-Fried was sentenced to 25 years in prison by Judge Lewis A. Kaplan on Thursday. Prosecutors sought a 40- to 50-year sentence for the disgraced crypto king. Bankman-Fried's ...

(Bloomberg) -- John J. Ray III, who led FTX’s restructuring and efforts to return billions of dollars to customers after it imploded in 2022, stands to collect bonuses totaling $41 million. Ray — who ...

Danielle Sassoon, one of the US prosecutors who helped secure the conviction of former FTX CEO Sam Bankman-Fried, took the stand on Thursday in an evidentiary ...

Sam Bankman-Fried, the disgraced former CEO of the now-bankrupt cryptocurrency exchange FTX, has been found guilty of fraud. The announcement happened at 7:45 p.m. Eastern Time on November 2 following ...

Jury selection is expected to take place. The trial could last up to six weeks. The trial of Sam Bankman-Fried, FTX founder and former crypto billionaire, is set to begin Tuesday with jury selection ...

NEW YORK (Reuters) -Sam Bankman-Fried is delusional in claiming the possibility customers of now-bankrupt FTX cryptocurrency exchange may recover funds means he did not steal, his successor as CEO ...

Kyle Torpey has been writing about Bitcoin since 2013. His work has been featured in Fortune, Bitcoin Magazine, Wired UK, and many other media outlets. He has also attracted more than 50,000 followers ...

John Ray, who took over as FTX CEO in November 2022, suggested Nishad Singh’s cooperation in the firm’s bankruptcy would be “important to maximize recovery” for creditors. Scheduled to be sentenced on ...

The former largest crypto exchange platform, FTX, is now taking the fight to the current biggest DCE (digital currency exchange), Binance, which seeks a whopping $1.76 billion to be returned to the ...

Earlier this week, disgraced crypto CEO Sam Bankman-Fried tried to get his 40-to-50-year prison sentence cut down to just 6.5 years ahead of his sentencing on March 28. The original proposal to lock ...