FTX Bankruptcy

Private cryptocurrencies will not replace fiat currencies, said Nandan Nilekani, cofounder and non-executive chairman of Infosys, on Friday. He said incidents like the “fall of cryptocurrency exchange FTX in the United States” have shown…

FTX founder Sam Bankman-Fried faced new fraud charges Thursday, as prosecutors accused him of cheating thousands of investors out of billions of dollars while casting himself as a trustworthy "savior of the cryptocurrency industry" - an…

The judge presiding over the bankruptcy of cryptocurrency exchange FTX has denied a request by the US bankruptcy trustee to appoint an independent examiner in the case.The trustee, who serves as a government watchdog in Chapter 11…

The G20's Financial Stability Board (FSB) said on Thursday it would take steps to tackle "vulnerabilities" and data gaps in decentralised finance (DeFi) highlighted by the collapse of cryptocurrency exchange FTX last year.The fast-growing…

US prosecutors on Wednesday urged a judge to impose tight restrictions on indicted FTX cryptocurrency exchange founder Sam Bankman-Fried's internet use, arguing existing conditions "leave too much room for inappropriate conduct."Separately,…

A US bankruptcy judge on Wednesday denied calls for a new, independent investigation into the collapse of crypto exchange FTX, saying that the proposed investigation would be redundant to other investigations being carried out by FTX's new…

A federal judge on Tuesday rejected a proposal to modify Sam Bankman-Fried's bail conditions, despite an agreement between the FTX cryptocurrency exchange founder and prosecutors to address potential witness tampering concerns.US District…

FTX's lawyers on Monday strongly urged a US bankruptcy judge in Delaware not to greenlight a court-supervised investigation into its collapse, saying it would waste time and money and could pose a security risk.FTX attorney James Bromley at…

A US judge on Monday said the names of two people who helped guarantee bail for indicted FTX cryptocurrency exchange founder Sam Bankman-Fried should be made public, but put the ruling on hold pending an expected appeal.Judge Lewis Kaplan…

Financial watchdogs and government agencies from the United States, Japan and Switzerland are among creditors of bankrupt cryptocurrency exchange FTX, as well as companies including Airbnb and crypto giant Binance, a court filing has…