Bankrupt crypto exchange FTX has taken legal action against rival Binance and former Binance CEO Changpeng "CZ" Zhao over an alleged fraudulent repurchase of shares by FTX's former CEO, Sam ...

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 a ...

FTX has recovered enough assets to pay most of its creditors back in full, the failed crypto exchange said late Tuesday as it unveiled a proposed reorganization plan. “The plan contemplates payment in ...

FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...

NEW YORK, Jan 11 (Reuters) - Dozens of FTX customers have asked a U.S. bankruptcy judge to stop the collapsed crypto exchange from using 2022 prices to value their cryptocurrency deposits, saying that ...

Bankrupt crypto lender BlockFi, which was caught in the contagion of FTX and declared bankruptcy days after the exchange's collapse, has reached an "in principle" agreement with the estates of FTX and ...

FTX and Alameda Research collapsed in November 2022, causing approximately $8 billion in losses to customers of the now-bankrupt exchange. The FTX bankruptcy estate seeks to recover over $100 million ...

Former United States Securities and Exchange Commission (SEC) official John Reed Stark has suggested that the FTX restructuring plan might be a way for the legal team to profit from the bankruptcy ...

Errol Barnett is the anchor of the "CBS Morning News," streaming on CBS News 24/7, and CBS News national correspondent. He holds a distinct perspective on global events through a reporting career ...

Bankrupt crypto exchange FTX on Monday sued the parents of founder Sam Bankman-Fried, saying that Stanford professors Joseph Bankman and Barbara Fried used the company to enrich themselves at the ...

Three people were indicted for an identity theft conspiracy that allegedly included the $400 million hack from FTX on the same day in November 2022 that the doomed cryptocurrency exchange filed for ...