Bankrupt Crypto Giant FTX Recovers $5 Billion of Assets
FTX Trading Ltd., the giant crypto exchange company forced to file for bankruptcy in November 2022, has reportedly located more than five billion dollars worth of assets. FTX has been in hot water since a mass exodus of its users...
Bankman-Fried Founder of Failed Crypto Empire FTX Arrested
Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was arrested Monday in the Bahamas at the request of the U.S. government. In a statement, the government of the Bahamas said the arrest came after officials received "formal notification...
Cryptocurrency Empire FTX Collapses into Bankruptcy
Cryptocurrency exchange FTX filed for bankruptcy in the US on Friday, seeking court protection as it looks for a way to return money to users. Former boss Sam Bankman-Fried has also stepped down as chief executive, the company said. It...