FTX News
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FTX seeks to recoup over US$1B allegedly taken by Sam Bankman-Fried, othersThe lawsuit said the defendants continually misappropriated funds to finance luxury condominiums, political contributions and other "pet projects" while committing alleged fraud.MoneyJul 20, 2023
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Sam Bankman-Fried pleads not guilty in FTX fraud caseSam Bankman-Fried has been free on US$250 million bond following his extradition last month from the Bahamas, where he lived and where the exchange was based.U.S. NewsJan 3, 2023
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FTX founder Bankman-Fried says he didn’t ‘try to commit fraud,’ knowingly misuse fundsThe former CEO attempted to distance himself from suggestions of fraud in his first public appearance since his company's collapse stunned investors and clients.TechNov 30, 2022
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New FTX CEO blasts ‘complete absence’ of trustworthy financial dataJohn Ray III, in a filing with the U.S. bankruptcy court for the district of Delaware, said there was a "complete absence of trustworthy financial information."MoneyNov 17, 2022
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FTX files for bankruptcy in U.S. amid cryptocurrency exchange’s meltdownThe announcements come days after larger rival Binance walked away from a proposed acquisition and left it scrambling to raise about $9.4 billion from investors and rivals.EconomyNov 11, 2022
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