FTX

The conviction of Sam Bankman-Fried, the former CEO of FTX, resulted in the seizure of assets totaling more than $11 billion. FTX bankruptcy assets are being claimed by FTX debtors, creditor organizations, and an offshore entity.…
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In order to maximize repayment to creditors, Anthropic liquidated its remaining 15 million FTX shares for $450 million.Under the leadership of CEO John Ray III, the FTX Estate sold the last 15 million Anthropic shares of FTX for $30…
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U.S. prosecutors sought "fair punishment" commensurate with the gravity of Salame's conduct, but his legal team maintains that his sentence should be no longer than 18 months.U.S. prosecutors are seeking a sentence of five to seven…
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The legal team for Ryan Salame has requested a light punishment for their client.The legal team representing ex-FTX CEO Ryan Salame has requested a reduced sentence in light of their client's guilty plea from September of last year. A…
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Creditors will have more time to lodge their claims now that FTX Digital Markets has chosen to extend the deadline.Once the bankruptcy court gives the go-ahead, the defunct cryptocurrency exchange FTX will pay back its creditors and…
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The now-defunct FTX cryptocurrency exchange has introduced a new repayment plan that promises to pay back all of its creditors and clients in full, as well as provide them billions to cover the value of their investments over time.May…
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FTX plans to organize another auction to sell off some of its SOL assets. This sale will not have a fixed price, as it did previously.According to Mike Cagney, co-founder and CEO of Figure Markets, a decentralized platform for traders…
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The exact purchase prices of the planes, which were $15.9 million and $12.5 million, respectively, are still up for debate.Prosecutors have taken action to sell off two luxury planes before completing forfeiture processes in the…
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In order to buy Solana (SOL) tokens from the insolvent FTX estate at a discount, crypto asset manager Pantera Capital is requesting capital from large investors.Many people called SOL "Sam Coin" because of its ties to the infamous…
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In order to settle the dispute pertaining to its European division, FTX has sold the company back to its founders for $32.7 million.Crypto firm FTX has finally settled its European operations and gone bankrupt. They've settled on…
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