(Reuters) -A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday. FTX drew customers ...

The behind-the-scenes effort to secure a pardon for Sam Bankman-Fried (SBF), the disgraced founder of collapsed crypto exchange FTX, has ...

In a Sunday filing with a Delaware court, FTX cites a 2021 transaction in which Binance, Zhao and others exited their investment in FTX, selling a 20% stake in the platform and a 18.4% stake in its ...

The collapse of FTX shocked the cryptocurrency world and wiped out billions of dollars in customer funds. Once led by Sam ...

Binance, one of the world’s largest crypto exchanges, is making a play for its competitor FTX Trading, which was on its own acquisition spree before reports surfaced that it was battling insolvency.

As part of the acquisition, Backpack EU will be responsible for distributing court-approved bankruptcy claims to FTX EU customers. Backpack, a centralized cryptocurrency exchange (CEX) founded by ...

Failed crypto exchange FTX’s payment plan is now effective. As per the plan, certain FTX clients who may be claiming an amount less than $50,000 may expect to get their funds returned within the next ...

According to court documents viewed by The Verge, Binance at one point sold back its 20 percent stake in FTX’s international arm and its 18.4 percent stake in its U.S. unit. Bankman-Fried paid for ...

Backpack Exchange, a centralized cryptocurrency platform, has responded to claims made by the FTX Recovery Trust disputing the legality of its acquisition of FTX EU. On Jan. 8, Backpack said it had ...