Articles Related to FTX

Hashtag Trending Sep 20-Microsoft responsible for massive Xbox leak?; X behind a paywall; Toyota teaches robots how to make breakfast

Microsoft continues to suffer a bumpy week with an Xbox leak, Elon Musk could soon put X, formerly Twitter, behind a paywall and Toyota...

New FTX CEO plans to revive bankrupt FTX

The bankrupt cryptocurrency exchange FTX is considering resuming operations, according to Chief Executive Officer John Ray.

FTX reports missing $415 million in cryptocurrencies due to hacks

FTX informed creditors that it had lost approximately $415 million in cryptocurrencies due to hacks since declaring bankruptcy on November 11.

FTX recoups $5 Billion in liquid assets, others

According to the lawyer for bankrupt cryptocurrency exchange FTX, the company has recovered more than $5 billion in cash and other liquid assets, significantly increasing the amount recognized by new executives as it works to repay creditors.

Bankman-Fried, FTX founder extradited to U.S. to face charges

Sam Bankman-Fried was extradited to the United States from The Bahamas to face fraud charges in connection with the demise of cryptocurrency exchange FTX.

Insurance companies seeks to cut ties with companies linked to FTX 

The repercussions of FTX’s demise continue to persist throughout the cryptocurrency market, with insurance companies being the most recent group to minimize their business with cryptocurrency firms and traders who had relationships with FTX.

Bankman-Fried of FTX faces up to 115 years in jail

Federal prosecutors charged FTX Trading founder Sam Bankman-Fried on Tuesday with eight counts of fraud, money laundering, and other financial crimes, with a maximum sentence of 115 years in prison if convicted.

Secret software allowed FTX use customer funds

According to a Reuters investigation, FTX’s chief engineer, Nishad Singh, made a secret change to the cryptocurrency exchange’s software in mid-2020.

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