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1 day ago · FTX’s founder and its former CEO, Sam Bankman-Fried, got a 25-year prison sentence for stealing customer funds and frittering them away on side projects.
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. FTX ...
2 days ago · Crypto exchange FTX will have between $14.5 billion to $16.3 billion to pay its creditors and customers, according to an amended reorganization plan filed by the company on Tuesday in a U.S ...
2 days ago · FTX was the third-largest cryptocurrency exchange in the world when it filed for bankruptcy protection in November 2022 after it experienced the crypto equivalent of a bank run.
Nov 10, 2022 · 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...
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...
3 days ago · Once it finishes selling all of its assets, FTX will have as much as $16.3 billion in cash to distribute, according to a company statement. It owes more than 2 million customers and other non ...
