In a Sunday filing with a Delaware court, FTX cites a 2021 transaction in which Binance, Zhao and others exited their investment in FTX, selling a 20% stake in the platform and a 18.4% stake in its ...

Bitcoin surged over 5% on Wednesday, climbing to an intraday high of $71,890 before settling slightly lower, testing the ...

(Reuters) -A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday. FTX drew customers ...

As part of the acquisition, Backpack EU will be responsible for distributing court-approved bankruptcy claims to FTX EU customers. Backpack, a centralized cryptocurrency exchange (CEX) founded by ...

Binance, one of the world’s largest crypto exchanges, is making a play for its competitor FTX Trading, which was on its own acquisition spree before reports surfaced that it was battling insolvency.

The industry continues to deal with the collapse of Sam Bankman-Fried’s FTX exchange. Hopefully, the long wait for FTX’s former crypto exchange users will soon come to an end. After two years of being ...

Call it a slam dunk win for one of the lead attorneys helping FTX through its bankruptcy. Brian Glueckstein, a lawyer with the powerful law firm Sullivan & Cromwell steering doomed crypto exchange FTX ...

Failed crypto exchange FTX’s payment plan is now effective. As per the plan, certain FTX clients who may be claiming an amount less than $50,000 may expect to get their funds returned within the next ...

Backpack Exchange, a centralized cryptocurrency platform, has responded to claims made by the FTX Recovery Trust disputing the legality of its acquisition of FTX EU. On Jan. 8, Backpack said it had ...

Collapsed cryptocurrency exchange FTX has agreed to pay $12.7 billion to investors who lost money when the exchange went bankrupt in November 2022. The deal approved this week by U.S. District Judge ...