Phase one of the trial was exciting. Former FTX exchange insiders told a jury that Sam Bankman-Fried had directed them to let his hedge fund Alameda “borrow” billions of dollars from exchange ...

Backpack Exchange started off a formal procedure to help former FTX EU clients recover their funds. The company launched a claims process on April 1, 2025, to help return assets to affected users. The ...

Former FTX general counsel Can Sun testified on Thursday that he was not told about and did not okay the use of FTX customer funds for expenses at Alameda, Bankman-Fried’s hedge fund. FTX founder Sam ...

Sam Bankman-Fried says his “biggest mistake” during the collapse of FTX wasn’t mismanaging billions in customer funds — it ...

NEW YORK (AP) — Sam Bankman-Fried authorized the illegal use of FTX customers' funds and assets to plug financial gaps at an affiliated hedge fund from the exchange's earliest days, FTX's co-founder ...

Customer data of bankrupt crypto exchange FTX, Genesis and lender BlockFi have been compromised due to a hack of Kroll, a third party agent that manages creditor claims on behalf of bankrupt companies ...

FTX’s token FTT surged 17% in the last 24 hours, baffling traders as bankruptcy proceedings continue and unlocked tokens ...

Some FTX customers are objecting to the troubled exchange’s Dec. 16 proposed bankruptcy plan, stating that it violates their property rights and sells their assets to pay off third-party creditors, ...

On Friday, Sam Bankman-Fried sat on the stand, once again in an oversized gray suit and purple tie, and testified in front of a jury. He’s on trial for seven charges related to fraud and money ...

NEW YORKNEW YORK — Sam Bankman-Fried authorized the illegal use of FTX customers’ funds and assets to plug financial gaps at an affiliated hedge fund from the exchange’s earliest days, FTX’s ...