The US president reportedly said he had no intention of pardoning the former FTX CEO, and defended his family’s connections to the crypto industry.
Latest News on FTX

Get the latest news on FTX! FTX was a major crypto exchange founded by Sam Bankman-Fried and Gary Wang in 2019. Its native (FTT) token served multiple roles within the FTX ecosystem, such as reducing exchange fees for users. FTX also purchased a certain amount of FTT each week and burned it to control inflation.
In November 2022, FTX crashed due to a liquidity crisis, financial mismanagement and mass withdrawal of funds by rattled investors. On Nov. 11, 2022, FTX filed for Chapter 11 bankruptcy, with Bankman-Fried sentenced to 25 years in prison in March 2024.
Stay informed on the latest developments in the FTX saga with Cointelegraph.
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The Crypto Fear & Greed Index is hovering at levels lower than during the shock FTX collapse in late 2022, despite Bitcoin trading at roughly five times the price.
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The former Alameda Research CEO, subject to intense public scrutiny for her role in FTX's collapse and association with Sam Bankman-Fried, will be released in January.
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In the latest update on the FTX saga, the SEC confirmed Caroline Ellison had consented to an officer-and-director ban, preventing her from leading any companies for 10 years.
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With about two months remaining until her expected release date, former Alameda Research CEO Caroline Ellison has been transferred out of federal prison.
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More than 46,000 claimants could potentially receive a payout from a court-approved settlement involving the FTX-tied Silvergate Bank, which shuttered in 2023.
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CeFi lending markets reached $25 billion in Q3, its highest level in over three years, and the market looked very different then, says Galaxy’s Alex Thorn.
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The deal for FTX-linked MIAXdx puts Robinhood and Susquehanna in direct competition with Kalshi and Polymarket as interest in prediction markets heats up.
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One of the US attorneys behind the prosecution of former FTX executives testified as part of an evidentiary hearing exploring one of their plea deals.
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The 2022 FTX bankruptcy pushed crypto toward greater transparency across exchanges and DeFi, yet some who lost funds in the crisis still haven't been paid.
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The former FTX CEO is serving a 25-year sentence in federal prison, but has the opportunity to receive a new trial.
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The FTX Recovery Trust dropped a motion to limit payouts to creditors in countries including China, which holds about $380 million in claims.
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FTX creditors may get only a fraction of their expected payouts once adjusted for Bitcoin, Ether and Solana’s current prices, according to creditor representative Sunil.
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Brett Harrison’s new startup brings perpetual futures — crypto’s signature high-leverage contracts — to stocks, currencies and commodities.
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Former FTX CEO Sam Bankman-Fried’s odds on Polymarket of being pardoned by US President Donald Trump have more than doubled since Changpeng Zhao was pardoned.
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