FTX Financial News

31.07 / 20:05

FTX Judge Grants FTX Executive Ryan Salame’s Prison Report Delay

Former FTX executive Ryan Salame was granted a delay to his prison reporting date on criminal charges related to his time at the bankrupt crypto exchange, according to a July 30 court filing.

29.07 / 19:15

FTX SBF FTX Executive Ryan Salame Asks For Prison Sentencing Delay After Dog Attack

Former FTX executive and co-CEO of FTX Markets Ryan Salame is requesting his prison surrender date for criminal charges stemming from his time at Sam Bankman-Fried’s crypto exchange be pushed back after being “mauled” by a dog.

27.07 / 19:55

Platform coinbase security FTX BlockFi stage Courts Customers BlockFi Wins Court Approval to Fully Repay Customers and Unsecured Creditors After Nearly Two Years

BlockFi, the beleaguered cryptocurrency lender, has received court approval to repay 100% of customers’ funds and unsecured creditors after nearly two years of financial turmoil and legal battles.

26.07 / 17:52

FTX spot ETF BitFlyer Holdings Acquires FTX Japan, Eyes Crypto ETF Launch

BitFlyer Holdings has acquired FTX Japan and integrated it as a wholly owned subsidiary.

19.07 / 17:31

FTX SBF Peter Singer Says Effective Altruism Is ‘Alive And Well’ After SBF, FTX: Big Think

Australian philosopher Peter Singer says that the effective altruism (EA) movement is “alive and well” after FTX founder and EA supporter Sam Bankman-Fried’s downfall, a new piece from Big Think reveals.

26.06 / 11:41

FTX Bankruptcy FTX creditors Customers FTX Creditors Poll on a Liquidation Plan to Repay Customers

Failed crypto exchange FTX is seeking creditors vote on a liquidation plan, to wind-down payments in order to compensate customers.

16.06 / 21:51

Digital Aware CEO Southern FTX rights Multiple Claims Emerge for Seized Assets of Former FTX CEO Bankman-Fried

In the ongoing bankruptcy proceedings of FTX, three separate groups have recently filed claims over the assets seized from Sam Bankman-Fried following his criminal conviction.

05.06 / 15:01

FTX SBF Sam Bankman-Fried Back In NYC Prison Following Transfer To Oklahoma

Now disgraced FTX founder Sam Bankman-Fried (SBF) is back at the Metropolitan Detention Center (MDC) in Brooklyn, New York to work on his appeal following nearly a week spent at a transfer facility in Oklahoma, inmate records reveal.

02.06 / 16:35

FTX FTX bankruptcy FTX Estate Sells Off Remaining Anthropic Holdings Amid Bankruptcy Proceedings

The FTX estate, led by CEO John Ray III, has divested its remaining shares in Anthropic, the AI startup known for its chatbot Claude, as revealed in the firm’s recent bankruptcy filings.

28.05 / 16:41

FTX SBF Former FTX Exec Ryan Salame Gets 7.5 Years In Prison, Ordered To Pay $11 Million

Former FTX executive and Sam Bankman-Fried (SBF) associate Ryan Salame has been sentenced to 7.5 years in prison and a combined total of $11 million in forfeiture and restitution for criminal charges stemming from his time at SBF’s crypto exchange following a Tuesday morning hearing.

26.05 / 12:39

solana SOL FTX FTX Estate Sells Remaining Discounted Solana Tokens in Bid to Repay Creditors

The FTX estate, responsible for managing the defunct exchange’s bankruptcy, has auctioned off the last of its heavily discounted Solana (SOL) tokens.

24.05 / 19:09

FTX SBF FTX Group Paid $25 Million In Settlement To Whistleblowers Before Collapse

Sam Bankman-Fried’s (SBF) FTX Group allegedly paid over $25 million in hush money to seven whistleblowers prior to the doomed crypto exchange collapse in November 2022, a bombshell independent examinator’s Thursday report found.

23.05 / 10:31

Charity FTX FTX bankruptcy FTX-Funded Charity Effective Ventures Acted ‘Diligently’ Protecting Funds: UK Govt. Probe Conclude

The UK government’s Charity Commission probe has concluded that Effective Ventures Foundation, an FTX-funded charity, acted “diligently and quickly” to protect charity funds in the wake of FTX’s massive collapse.

23.05 / 06:13

Provident CEO FTX reports recommendations Destinations Disgraced FTX Founder Sam Bankman-Fried is Being Transferred to California Prison

Federal officials are transfering former FTX CEO Sam Bankman-Fried to a new prison in California.

22.05 / 10:25

markets FIVE Digital CEO Southern FTX US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame

The U.S. prosecutors are pushing for a prison sentence of five to seven years for the former FTX executive Ryan Salame.

17.05 / 20:51

FTX SBF Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing

Sam Trabucco, the co-CEO of Alameda Research, has spoken out in support of FTX executive Ryan Salame ahead of his sentencing on May 28, according to an updated May 14 court filing.

15.05 / 20:47

FTX crypto market FTX Gets Backlash Despite Planned Full Repayment Plus Interest

The cryptocurrency exchange FTX went bankrupt in November 2022 after a fraud-fueled collapse, leaving its users unable to access the cryptocurrency they held. FTX announced on May 7 that customers would be repaid their holdings plus interest two years after the initial collapse, but the proposed repayment plan has sparked a backlash among creditors.

15.05 / 10:21

Citi Cooper Election FTX reports Courts Former FTX Executive Ryan Salame Seeks 18-Month Sentence, Citing Cooperation and Remorse

Ryan Salame, a former executive at FTX who pleaded guilty to election fraud charges in September, is requesting leniency from the court in the form of an 18-month sentence.

10.05 / 17:31

FTX SBF Sam Bankman-Fried, Commodities Trader Behind Bars: Former FTX CEO’s Prison Life While Awaiting Appeal

Since his imprisonment for fraud, Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, spoke to the media for the first time on May 9. Sentenced to 25 years, Bankman-Fried maintains his innocence and is pursuing an appeal. While legal proceedings unfold, he has turned his attention to a new venture: commodities trading within the confines of prison walls, focusing specifically on bags of rice.

08.05 / 06:41

FTX FTX bankruptcy FTX creditors FTX Creditors Set for Cash Windfall Beyond 100% of Claims

A new reorganization plan filed Tuesday night proposes that nearly all FTX account holders will be repaid in full for their claims. They may even receive additional cash on top of that amount.

07.05 / 02:11

FTX FTX bankruptcy FTX Transfers $8.3M a Day Before Amended Proposal Deadline for Restructuring Plan

A May 6 transfer of $8.3 million associated with the now-bankrupt FTX exchange and its sister trading firm, Alameda Research, has raised questions about the future of creditors awaiting compensation.

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