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FTX Collapse

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Policy

FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange

An initial surge in the FTT token after the news turned negative, leaving FTT plummeting 15% today.

By Aoyon Ashraf, Elizabeth NapolitanoJan 31, 2024

FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange

Policy

Sam Bankman-Fried's Parents Ask Court to Dismiss FTX's Lawsuit Seeking to Recover Funds

Bankman and Fried, both professors at Stanford Law School, argued that Bankman did not have a fiduciary relationship with FTX .

By Amitoj SinghJan 17, 2024

Sam Bankman-Fried's Parents Ask Court to Dismiss FTX's Lawsuit Seeking to Recover Funds

Policy

Judge Denies Sam Bankman-Fried Request for a Longer Sentencing Process

Bankman-Fried's defense team asked for a four to six week extension for his sentencing scheduled in late March, citing a possible second trial that may begin earlier in the month.

By Nikhilesh DeDec 20, 2023

Judge Denies Sam Bankman-Fried Request for a Longer Sentencing Process

Finance

FTX's Bahamas Wing Reaches Agreement With U.S. Bankruptcy Team, Streamlining Future Actions

This deal will pave the way for assets to be pooled and distributed to FTX.com customers.

By Camomile ShumbaDec 19, 2023

FTX's Bahamas Wing Reaches Agreement With U.S. Bankruptcy Team, Streamlining Future Actions

Finance

Galaxy Digital Looking to Buy More Crypto Bankruptcy Assets After Deal to Sell FTX's Coins: FT

Mike Novogratz's firm is also interested in companies FTX invested in as a venture capital provider.

By Sheldon RebackDec 18, 2023

Galaxy Digital Looking to Buy More Crypto Bankruptcy Assets After Deal to Sell FTX's Coins: FT

Finance

FTX Files Reorganization Plan to End Bankruptcy, Repay Creditors

Asset values for creditor claims will be calculated at prices on the day FTX filed for bankruptcy in November 2022, the plan says.

By Sandali HandagamaDec 18, 2023

FTX Files Reorganization Plan to End Bankruptcy, Repay Creditors

Policy

CFTC Pushes FTX-Inspired Rule to Protect Customers' Money

Commissioners took a step toward requiring derivatives clearing organizations, a key type of middleman in the industry, to keep their customers' money segregated from their own funds.

By Nikhilesh De, Jesse HamiltonDec 13, 2023

CFTC Pushes FTX-Inspired Rule to Protect Customers' Money

Consensus Magazine

Ian Allison's Giant Sam Bankman-Fried Scoop Won Accolades in 2023

The CoinDesk reporter belongs in the Journalism Hall of Fame since there's little, if any, precedent for the waves his story on Alameda Research and FTX stirred up.

By Nick BakerDec 4, 2023

Ian Allison's Giant Sam Bankman-Fried Scoop Won Accolades in 2023

Consensus Magazine

Caroline Ellison Buried Sam Bankman-Fried

The former Alameda Research CEO gave damning testimony in the fraud trial of her former boyfriend, Sam Bankman-Fried, making her one of CoinDesk's Most Influential in 2023.

By Daniel Kuhn, Nikhilesh DeDec 4, 2023

Caroline Ellison Buried Sam Bankman-Fried

Policy

Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial

Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX.

By Amitoj SinghNov 16, 2023

Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial

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