Former cryptocurrency firm FTX will start paying its main creditors at the end of May using a cash hoard of $11.4 billion the company has collected since its shut down. Although minor creditors, who ...

FTX Digital Markets is set to begin repaying $1.2 billion to its creditors, marking the first major distribution since the exchange collapsed in 2022. Payments will start with priority given to ...

Beleaguered crypto exchange FTX on Tuesday announced that first and final distributions for Convenience Class claims, those under USD $50,000, are scheduled to be available to eligible claimants ...

Bankrupt cryptocurrency company FTX filed 23 lawsuits Friday against Anthony Scaramucci (pictured above), his hedge fund SkyBridge Capital, and other organizations, including Crypto.com and the Mark ...

A new report out today from Imperva Inc., a Thales company, is warning that vulnerable application programming interface and bot attacks are costing businesses up to $186 billion annually as incidents ...

A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission (CFTC) said on Thursday. FTX drew customers in ...

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. FTX said in a court ...

Fallen cryptocurrency exchange FTX has raked in billions of dollars more than it needs to fully pay back customers who lost funds in its November 2022 collapse. In a rare twist versus typical US ...

FTX founder Sam Bankman-Fried has appealed his conviction and 25-year prison sentence for stealing billions of dollars from customers of his defunct cryptocurrency exchange. Bankman-Fried was ...

NEW YORK, Jan 31 (Reuters) - FTX has abandoned efforts to restart its crypto exchange, instead opting for a liquidation that should repay customers in full, a company attorney said on Wednesday. FTX ...