Coverage of bankruptcies and restructurings reshaping the digital asset and financial sectors.
FTX’s fourth creditor distribution will inject roughly $2.2 billion into the market at a moment when Bitcoin is already trading under pressure from a deteriorating macro backdrop.
CEO of FTX Group, John Ray, testifies before Congress about FTX collapse. Chairwoman Maxine Waters leads the hearing.
The charges include conspiracy to commit money laundering, conspiracy to commit wire fraud on customers and lenders and more.
