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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 ...
Bankrupt Crypto Exchange FTX To Distribute Between $14.5 And $16.3 Billion To Customers, Creditors -...
Crowdfund Insider· 5 days agoFTX anticipates that the total value of property collected, converted to cash, and available for distribution will be between $14.5 and $16.3 billion. Most of the money will come from the sale ...
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...
Former FTX Executive Ryan Salame Seeks 18-Month Sentence, Citing Cooperation and Remorse
Cryptonews· 4 hours agoRyan Salame, a former executive at FTX who pleaded guilty to election fraud charges in September, is...
Lightspeed's Mercedes Bent on why the metaverse isn't overhyped
TechCrunch· 3 hours agoOn the Chain Reaction podcast this week, we dove into a topic that tends to stir up strong emotions,...
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 says nearly all customers will be repaid funds lost in crypto exchange collapse
United Press International via Yahoo Finance· 7 days agoAccording to a Tuesday bankruptcy court filing, cryptocurrency exchange FTX said 98% of all its...
FTX Customers Will Get Back All the Money They Lost in the Collapse
Gizmodo via Yahoo Finance· 7 days agoNearly all of FTX’s former customers will get back almost 100% of the money they lost at the time of...
Crypto group with 440,000 members launches PAC to target House, Senate elections
Reuters via Yahoo Finance· 5 days agoA cryptocurrency nonprofit has launched a new political action committee (PAC) to raise money from...
Collapsed FTX says it can pay most creditors back in full - Boston News, Weather, Sports | WHDH...
7 News Boston· 6 days agoFTX has recovered enough assets to pay most of its creditors back in full, the failed crypto...