Bankruptcy
Bankrupt FTX sues Sam Bankman-Fried for $71M to recover ‘political capital’ payments
FTX stated that its former CEO, SBF, pursued the transactions for his benefit.
Oluwapelumi Adejumo 2 min read
FTX News
Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
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Top FTX Stories
Regulation
ASIC cancels FTX Australia’s license amid escalating crypto regulation
Australian regulators have lately increased efforts to regulate the cryptocurrency industry.
Bankruptcy
BlockFi CEO neglected warnings about FTX prior to collapse, court docs say
CEO Zac Prince told employees to "get comfortable" with BlockFi's use of funds.
Latest FTX News & Analysis
Bankruptcy
SEC, FTX, and Three Arrows Capital contest BlockFi’s bankruptcy plans
The oppositions claim BlockFi's plan fail to provide adequate information for stakeholders involved in its bankruptcy process.
Legal
FTX sues ex-compliance officer Daniel Friedberg
Friedberg allegedly misused company funds, created corporate entities and false agreements to hide that abuse, and suppressed whistleblowers' complaints.
Bankruptcy
FTX invites investors to register interest to restart rebranded exchange – report
FTX is holding early discussions with investors and considering different structures for relaunch, including a joint venture.
Bankruptcy
FTX pauses sale of stake in AI firm Anthropic, once purchased for $500M
The planned sale was expected to conclude with a nine-figure deal.
Legal
Media giants appeal to overturn court decision to keep FTX user names redacted
Four media giants continue to fight to unseal the names of FTX's nearly 9 million users in accordance with typical disclosure requirements.
Legal
FTX files complaint to retrieve $700M from “super-networker” Bankman-Fried courted for connections
FTX described SBF as a "profligate patron" of high-profile networker Michael Kives and his co-founder Bryan Baum.
More FTX News Headlines
Bankruptcy
SEC allows BlockFi customers to be repaid before collection of $30.2M fine
AI
Former FTX US president’s firm Architect Financial will use ChatGPT
Legal
Bahamian court orders review of US charges filed after SBF’s extradition
Bankruptcy
