NEW YORK, March 6 (Reuters) - Bankrupt crypto companies FTX and BlockFi have resolved their disputes stemming from the companies' collapses in 2022, with FTX agreeing to pay BlockFi up to $874 million ...

Former FTX general counsel Can Sun testified on Thursday that he was not told about and did not okay the use of FTX customer funds for expenses at Alameda, Bankman-Fried’s hedge fund. FTX founder Sam ...

The FTX estate alleges the funds were fraudulently transferred by Sam Bankman-Fried. The FTX estate alleges the funds were fraudulently transferred by Sam Bankman-Fried. is a news writer focused on ...

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 ...

Collapsed crypto exchange FTX and its sister trading firm Alameda Research must pay $12.7 billion to resolve a suit from the Commodity Futures Trading Commission, according to a court order on ...

Sam Bankman-Fried, founder of collapsed cryptocurrency exchange FTX, testified Friday that he believed his company would fail. Bankman-Fried testified in the U.S. District Court for the Southern ...

FTX founder Sam Bankman-Fried's fate is now in the hands of a jury. Deliberations began Thursday afternoon as to whether the former billionaire was guilty of fraud in the disappearance of billions of ...

FTX's creditors will receive a share of their lost funds starting May 30, 2025. BitGo and Kraken — two of the approved distribution agents—are emailing clients to confirm that funds transferred from ...

Customers who lost their money when crypto exchange FTX collapsed in late 2022 are set to get their money back—and then some. That’s according to an announcement released today by FTX’s legal team, ...

NEW YORK, Jan 11 (Reuters) - Dozens of FTX customers have asked a U.S. bankruptcy judge to stop the collapsed crypto exchange from using 2022 prices to value their cryptocurrency deposits, saying that ...

Errol Barnett is the anchor of the "CBS Morning News," streaming on CBS News 24/7, and CBS News national correspondent. He holds a distinct perspective on global events through a reporting career ...