FTX bankrupt

FTX, the defunct cryptocurrency exchange, has sued its own founder Sam Bankman-Fried and three former executives to recover over $1 billion they are accused of misappropriating before the collapse of FTX last year.The lawsuit has been…

Temasek Holdings, Singapore’s state-owned wealth management fund, has punished its senior staff responsible for investing $275m in the cryptocurrency exchange FTX. The company has decided to cut the pay of the staff involved in the…

United States officials on Tuesday (March 28) charged former FTX chief Sam Bankman-Fried over authorising bribes of at least $40 million to Chinese officials. The charge was added to 12 counts already faced by the former FTX chief. The 13th…

Crypto exchange FTX, that has declared itself bankrupt, has told creditors in a report that about $415 million in cryptocurrency had been stolen in hacks. It said Tuesday that while it recovered over $5 billion in crypto, cash and liquid…

Last Updated: January 18, 2023, 10:09 ISTIndicted founder Sam Bankman-Fried has challenged aspects of the company’s report in a blog post.(Representational image: Reuters)FTX reports $323 million in crypto lost from international exchange…

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Three top committees charged with electing Democrats have said that they would step aside $1 million in donations from Sam Bankman-Fried, the former chief executive officer (CEO) of the collapsed cryptocurrency firm FTX. Bankman-Fried had…

The FTX CEO and founder Sam Bankman-Fried took to Twitter on Sunday and said that he would testify before the United States House Financial Services Committee after he is done “learning and reviewing” the collapse of his cryptocurrency…

In his first public appearance amid the collapse of FTX, a cryptocurrency firm that left investors with losses of billions of dollars, former FTX CEO Sam Bankman-Fired tried to distance himself from committing any fraud. Bankman during a…