Search results
FTX customers will get their money back and more—but the biggest winners are bankruptcy traders
Fortune· 1 day 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 ...
FTX says it has billions of dollars more than it needs to fully repay customers
TweakTown· 1 day agoFTX chief executive John Ray has announced that once the company sells off the remaining assets, it...
FTX crypto fraud victims to get their money back -- plus interest
TechCrunch· 1 day agoThe news comes six months after FTX co-founder and former CEO Sam Bankman-Fried (SBF) was found...
Tom Brady's Viral Roast on Netflix Special The Past Few Days Rehashes His $30 Million Crypto Loss....
Benzinga via Yahoo Finance· 1 day agoIn a recent Netflix special, Tom Brady was roasted by a host of comedians for a variety of events...
Crypto Exchange FTX Is the Rare Financial Blowup That Will Repay Victims in Full
The Wall Street Journal· 20 hours agoThat customer money has been trapped since November 2022, when Sam Bankman-Fried ceded control of...
FTX customers are getting a rare good deal. Here’s why some are still angry | CNN Business
CNN.com· 8 hours agoEditor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. People who had...
Crypto CEO’s final verdict: From 25 Years to 4 Months
CryptoNewsZ.com· 3 days agoThe conflict between two leading cryptocurrency figures, Changpeng Zhao, the CEO of Binance, and Sam...
FTX files amended reorganization plan, expects $14.5 billion-$16.3 billion for distribution
Reuters via Yahoo Finance· 2 days agoFTX said it has anticipated the figure based on monetizing assets, most of which were investments...
Defrauded FTC Customers Are Getting All of Their Money Back—Plus Interest
Robb Report via Yahoo Finance· 19 hours agoThere’s now at least one bright spot in the ongoing FTX saga. Customers of the cryptocurrency...
Americans are shopping less but they’re still spending on flights, hotels and Disneyland
CNN Business via Yahoo Finance· 6 hours agoThe once high-flying exchange imploded in November 2022, sending shockwaves through the crypto...