FTX

DOJ rejects Sullivan & Cromwell, picks FRA for Binance’s monitorship

FRA is set to monitor Binance for compliance with a DOJ plea deal, following Binance's admission of regulatory violations.

Regulation May. 10, 2024

FTX creditors seek repayments at current market rates

FTX's new compensation plan faces opposition as creditors demand repayments based on current asset values, not bankruptcy figures.

Business May. 8, 2024

FTX to pay out at least 118% of recognized claims to 98% of its creditors

FTX's reorganization plan promises 98% of creditors over 100% cash repayment, with a total distribution value up to $16.3 billion.

Business May. 7, 2024

FTX investors cut deal with Sam Bankman-Fried to target celeb promoters

FTX investors reach a settlement with Sam Bankman-Fried, who would help in lawsuits against celebrity endorsers of the failed exchange.

Regulation Apr. 21, 2024

Paradigm prepares to raise up to $850M, largest crypto fund since 2022

Crypto VC firm Paradigm aims to raise up to $850 million for a new crypto fund, seizing on renewed investor appetite.

Business Apr. 2, 2024

Sam Bankman-Fried sentenced to 25 years in prison

Sam Bankman-Fried has been sentenced to 25 years in prison for running a crypto business that devastated thousands of investors.

News Mar. 28, 2024

Sam Bankman-Fried considered ‘coming out as Republican’: Bloomberg

Bankman-Fried's desperate image-rehabilitation tactics highlight the lengths fallen moguls may go to regain public trust and avoid severe penalties.

Regulation Mar. 17, 2024

Pantera Capital eyes $250 million SOL purchase from FTX estate

Pantera has opened a fundraising program to potentially scoop up $250 worth of Solana (SOL) tokens from the FTX estate.

Markets Mar. 7, 2024