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

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

   2 days ago · FTX also reached a deal to recoup more than $400 million from Modulo Capital, a hedge fund that Mr. Bankman-Fried had financed. And lawyers for FTX filed lawsuits to claw back funds from former ...

2. Top Stories

   • 
     Business Insider via Yahoo

     Sam Bankman-Fried has a new currency to trade in prison: rice

     He said his rice had become a prison commodity.Left: AP Photo/Mary Altaffer Right: Godong/ Universal Images Group via Getty Images The FTX founder Sam Bankman-Fried gave an interview to Puck ...

     8 hours ago

   • 

     Cryptonews

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

     2 hours ago

   • 

     The Daily Beast

     In Prison, Sam Bankman-Fried Has a New Trading Currency of Choice

     27 minutes ago

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     TechCrunch

     FTX crypto fraud victims to get their money back — plus interest | TechCrunch

     24 hours ago

   • New York Post

     Sam Bankman-Fried says rice is ‘one of the currencies of the realm’ behind bars

     4 hours ago

   • Crowdfund Insider

     Bankrupt Crypto Exchange FTX To Distribute Between $14.5 And $16.3 Billion To Customers, Creditors - Up To 118% Of Claims...

     Call it fate or luck, but most FTX customers and creditors will receive their money back after the firm filed for bankruptcy protection. FTX, under the management of liquidators, said that 98% ...

     6 hours ago

   • Proactive Investors

     Bitcoin's rollercoaster week and FTX creditor payouts - Crypto Roundup

     4 hours ago

   • The Cointelegraph

     SBF maintains his innocence as he trades rice in jail

     FTX co-founder Sam Bankman-Fried still maintains his innocence despite getting 25 years in jail for fraud and while he plans his appeal, he’s taken to commodities trading — namely bags of rice ...

     13 hours ago

   • Investing.com

     FTX’s Bankman-Fried Trading Rice Behind Bars Amid Fraud Conviction Appeal

     14 hours ago

   • New York Times

     The Big Number: $8 Billion

     When Sam Bankman-Fried, the founder of FTX, was exposed as siphoning customers’ money into political donations, venture investments and more, there was a run on deposits that forced the crypto ...

     3 hours ago

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3. www.cnn.com › 2024/05/08 › businessCollapsed FTX says it can pay most creditors back in full

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

   • Cached

   2 days ago · FTX said Tuesday it had recovered assets associated with the exchange at the time of its collapse with an estimated value of between $14.5 billion and $16.3 billion.

4. Videos

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     6:45

     youtube.com

     FTX says it plans to pay back most customers

     May 9, 2024

     931 Views

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     3:53

     youtube.com

     FTX says almost all customers will get their money back

     May 8, 2024

     954 Views

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     2:11

     uk.news.yahoo.com

     FTX investors to get their money back - plus interest

     May 8, 2024

     0 Views

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5. 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

   2 days ago · 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 ...

6. www.nytimes.com › article › ftx-bankruptcy-cryptoHere’s the Latest on the FTX Collapse - The New York Times

   www.nytimes.com › article › ftx-bankruptcy-crypto

   Nov 28, 2022 · FTX, one of the world’s largest cryptocurrency exchanges, collapsed with stunning speed this month. A run on deposits left the company owing customers $8 billion, setting off a chain of events...

7. 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

   See all results for this question

   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

   See all results for this question

   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

   See all results for this question

   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

8. www.bbc.com › news › articlesFailed crypto firm FTX says has more than needed to pay victims

   www.bbc.com › news › articles

   2 days ago · FTX said it has been gathering the funds to pay its debts by selling assets investments held by Alameda Research or FTX Ventures businesses. Alameda was a crypto trading firm controlled by Bankman ...

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

   www.latimes.com › business › story

   1 day ago · 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 in ...

10. www.npr.org › 2024/05/09 › 1250133251FTX says it will return money to most of its customers : NPR

    www.npr.org › 2024/05/09 › 1250133251

    1 day ago · FTX said in a court filing late Tuesday that it owes about $11.2 billion to its creditors. The exchange estimates that it has between $14.5 billion and $16.3 billion to distribute to them. The ...