Latest News on FTX

Almost two years after Sam Bankman-Fried was sentenced to 25 years in prison for his role in the downfall of crypto exchange FTX, the former CEO's lawyers will return to court.

Backpack EU, owner of the former FTX EU, launches a regulated perpetual futures platform in Europe after settling with the Cyprus regulator and securing a MiFID II license.

Backed by Wall Street heavyweights, Anthropic’s soaring valuation comes after it closed a $13 billion Series F, reflecting the mainstreaming of AI.

Standing out in a crowd of job applicants is already tough, and recruiters say crypto applicants are making simple mistakes that hurt their chances even further.

Fenwick & West, a law firm once contracted by FTX, asked a judge to toss an updated lawsuit that claims it was key to the exchange’s fraud.

FTX creditors claim they are being targeted via phishing emails after their information was leaked in a data breach in August 2023.

FTX customers say their class complaint against Fenwick & West needs updating with new details from Sam Bankman-Fried’s trial and FTX’s bankruptcy case.

As trust in crypto exchanges remains low, Binance’s new custody deal with BBVA marks a shift toward traditional finance safeguards.

Changpeng Zhao has asked a court to dismiss FTX’s $1.8 billion lawsuit over a share buyback deal the bankrupt exchange claims was funded with misused assets.

FTX’s next $1.9 billion distribution may include repayments to jurisdictions questioned in an earlier motion that is being rewritten, creditors say.

The FTX estate calls 49 countries “restricted foreign jurisdictions” including China, which accounts for 82% of repayment funds the bankrupt cryptocurrency exchange would hold back.

A US bankruptcy court is set to decide whether to block creditor payouts to certain countries after receiving nearly 70 objections from creditors in China, Saudi Arabia and more.

The motion to pause repayments to residents of certain countries has added a new wrinkle to the FTX saga.

FTX’s bankruptcy estate is uncertain whether it is legally entitled to distribute payouts to creditors in countries such as China amid local crypto restrictions.

A US judge has allowed Celsius’s lawsuit over Tether’s $4 billion Bitcoin liquidation to move forward, rejecting key parts of Tether’s dismissal bid.