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1. en.wikipedia.org › wiki › FTXFTX - Wikipedia

   en.wikipedia.org › wiki › FTX

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   FTX Trading Ltd., commonly known as FTX (short for "Futures Exchange"), is a bankrupt company that formerly operated a fraud-ridden cryptocurrency exchange and crypto hedge fund. The exchange was founded in 2019 by Sam Bankman-Fried and Gary Wang. At its peak in July 2021, the company had over one million users and was the third-largest ...

2. Top Stories

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     Forbes

     FTX Reaches Bankruptcy Settlement With IRS On $24 Billion Claim

     FTX, formerly one of the largest crypto trading exchanges in the world, may be getting a tax break. A proposed settlement would whittle down the company's claim with the IRS to just $885 million. According to papers filed in the United States Bankruptcy ...

     22 hours ago

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     Reuters on MSN.com

     FTX seeks to stop outside litigation against insiders, VC firms

     1 day ago

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     coinspeaker

     FTX Urges US Judge to Halt Lawsuits to Protect $16B Customer Repayment

     16 hours ago

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     KTVI-TV St. Louis on MSN.com

     FTX settles $24 billion debt with the IRS for $885 million

     1 day ago

   • Reuters

     FTX examiner’s report reveals lingering exposure for law firm Fenwick & West

     1 week ago

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3. www.nytimes.com › 2024/05/08 › businessFTX Customers Poised to Recover All Funds Lost in Collapse

   www.nytimes.com › 2024/05/08 › business

   May 8, 2024 · Customers of the failed cryptocurrency exchange FTX are poised to recover all of the money they lost when the firm collapsed in 2022 and receive interest on top of it, the company’s bankruptcy...

   • Author: David Yaffe-Bellany

4. www.cnbc.com › 2024/05/08 › ftx-bankruptcy-mostFTX bankruptcy: Most customers of crypto firm will get all ...

   www.cnbc.com › 2024/05/08 › ftx-bankruptcy-most

   • Cached

   May 8, 2024 · Key Points. 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...

5. Videos

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     38:37

     youtube.com

     The Collapse Of FTX: Insiders Tell All | CNBC Documentary

     Oct 2, 2023

     3.4M Views

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     6:04

     youtube.com

     The FTX Collapse, Explained | WSJ What Went Wrong

     Nov 14, 2022

     2.1M Views

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     29:53

     youtube.com

     FTX: the legend of Sam Bankman-Fried | FT Film

     Mar 6, 2023

     670.3K Views

   View all

6. www.latimes.com › business › storyNearly all FTX customers are getting their money back: What ...

   www.latimes.com › business › story

   May 9, 2024 · Nearly all customers of FTX will get their money back, plus interest, after the cryptocurrency exchange imploded 17 months ago. FTX, which filed for bankruptcy protection in November 2022, said...

   • Email: andrea.chang@latimes.com

   • Occupation: Staff Writer

7. www.nytimes.com › 2022/11/10 › technologyWhy Did FTX Collapse? Here’s What to Know. - The New York Times

   www.nytimes.com › 2022/11/10 › technology

   Nov 10, 2022 · Last week, the cryptocurrency exchange FTX filed for bankruptcy and its chief executive, Sam Bankman-Fried, resigned, a downfall that has stunned crypto insiders and sent shock waves through the...

8. www.nbcnews.com › tech › cryptoSam Bankman-Fried and the FTX collapse, explained - NBC News

   www.nbcnews.com › tech › crypto

   • Cached

   Nov 18, 2022 · Wondering about the massive crypto debacle of FTX and its wunderkind former CEO Sam Bankman-Fried? NBC News breaks down what happened and why it matters.

9. www.ft.com › content › c564c74f-de33-450e-bbc4FTX account holders will get their money back after bankruptcy

   www.ft.com › content › c564c74f-de33-450e-bbc4

   • Cached

   May 8, 2024 · Nearly all account holders of the bankrupt cryptocurrency exchange FTX are in line to receive cash worth more than 100 per cent of their official claims, according to a plan of reorganisation...

10. People also ask

    What is the purpose of FTX?

    • FTX is one of the world’s largest cryptocurrency exchanges. It enables customers to trade digital currencies for other digital currencies or traditional money, and vice versa. It is based in the Bahamas and was run by Mr. Bankman-Fried. It has spent millions of dollars lobbying U.S. legislators to institute crypto-friendly regulation.

    What Happened to FTX? Here’s What to Know. - The New York Times

    www.nytimes.com/2022/11/10/technology/ftx-binance-crypto-explained.html

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    How much money is missing from FTX?

    • At least one billion dollars of customer funds are missing from failed crypto exchange FTX, according to reporting by Reuters. Sam Bankman-Fried —the founder and CEO of FTX—covertly transferred $10 billion of customer funds from FTX to his own trading company Alameda Research, the outlet reported.

    $1 Billion of FTX Clients’ Money Has Reportedly Disappeared

    www.thedailybeast.com/dollar1billion-of-ftx-client-funds-is-missing-after-crypto-collapse-as-elon-musk-weighs-in-on-sam-bankman-fried

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    What caused FTX to collapse?

    • FTX, backed by elite investors like BlackRock and Sequoia Capital, rapidly became one of the biggest crypto exchanges in the world. Its collapse was preceded by the decision to lend billions of dollars’ worth of customer assets to fund risky bets by Alameda, Bankman-Fried’s crypto hedge fund, The Wall Street Journal reported on Thursday.

    FTX collapse: The latest updates on the cryptocurrency crisis | CNN ...

    www.cnn.com/2022/11/14/business/ftx-crypto-collapse-updates-hnk-intl/index.html

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    What happened to FTX?

    • The cryptocurrency exchange FTX has filed for bankruptcy amid revelations that it lent billions in customer assets to an affiliated trading firm called Alameda Research. Now its owner—a prominent Democratic donor and supporter of cryptocurrency regulation—is reportedly under criminal investigation.

    Bankrupt Crypto Exchange FTX Under Investigation

    reason.com/2022/11/14/bankrupt-crypto-exchange-ftx-under-investigation/

    See all results for this question