FTX News

• FTX seeks to recoup over US$1B allegedly taken by Sam Bankman-Fried, others

  The lawsuit said the defendants continually misappropriated funds to finance luxury condominiums, political contributions and other "pet projects" while committing alleged fraud.

  Money

  Jul 20, 2023
  
• Sam Bankman-Fried pleads not guilty in FTX fraud case

  Sam 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. News

  Jan 3, 2023
  
• Advertisement
• FTX founder Bankman-Fried says he didn’t ‘try to commit fraud,’ knowingly misuse funds

  The former CEO attempted to distance himself from suggestions of fraud in his first public appearance since his company's collapse stunned investors and clients.

  Tech

  Nov 30, 2022
• Advertisement
• New FTX CEO blasts ‘complete absence’ of trustworthy financial data

  John 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."

  Money

  Nov 17, 2022
• FTX files for bankruptcy in U.S. amid cryptocurrency exchange’s meltdown

  The 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.

  Economy

  Nov 11, 2022