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FTX customers will get their money back and more—but the biggest winners are bankruptcy traders
Fortune· 7 days agoJohn Ray, FTX’s CEO who replaced Sam Bankman-Fried, who is currently serving a 25-year prison sentence, has been in charge of cobbling together the estate ...
Ego-ish and how tech's main characters are all a bit different
TechCrunch· 2 days agoHello and welcome back to Equity, a podcast about the business of startups, where we unpack the...
This PAC wants to influence U.S. elections with crypto-friendly candidates
Investing.com· 5 days ago“Stand With Crypto,” an advocacy group launched by Coinbase (NASDAQ: COIN ) last year, has set up a...
Crypto Exchange FTX Is the Rare Financial Blowup That Will Repay Victims in Full
The Wall Street Journal· 7 days agoThat customer money has been trapped since November 2022, when Sam Bankman-Fried ceded control of...
FTX crypto fraud victims to get their money back — plus interest | TechCrunch
TechCrunch· 6 days agoThe news comes six months after FTX co-founder and former CEO Sam Bankman-Fried (SBF) was found...
Failed crypto giant FTX has recovered billions more than it needs to pay back bankruptcy victims
New York Post· 7 days agoIn a rare twist versus typical US bankruptcy proceedings, FTX — whose downfall recently spurred a...
FTX Users Will Be Paid Back, With Interest. They’re Mad Anyway.
Bloomberg via Yahoo Finance· 4 hours ago(Bloomberg) -- Arush Sehgal and Acaena Amoros Romero saw their life savings disappear, all at once,...
The Great Wealth Transfer: A New Generation of Stakeholders?
Denton Record-Chronicle· 6 days agoOver the two decades, more than $84 trillion in assets will be left behind by baby boomers and...
Former FTX Executive Ryan Salame Seeks 18-Month Sentence, Citing Cooperation and Remorse
Cryptonews· 6 hours agoRyan Salame, a former executive at FTX who pleaded guilty to election fraud charges in September, is...
FTX says it can repay most customers all funds
Fox Business via AOL· 7 days agoFTX said that 98% of FTX customers will receive at least 118% of their claims, and others will receive 100% plus billions of dollars in compensation for...