FTX US

Two crypto industry stalwarts appeared on stage at the Benzinga Future Of Digital Assets in New York on Tuesday to talk through rebuilding crypto after the FTX debacle. Real Vision's Ash Bennington and Former FTX US president Brett Harrison talked about Sam Bankman-Fried (SBF) being a...

Crypto exchange FTX announced its intention to refund more than 90% of the funds to its customers. This decision is part of the revised Plan of Reorganization, which is expected to be submitted by Dec. 16, 2023. If the plan gains approval from the bankruptcy court, distributions could...

Bankrupt crypto exchange FTX (CRYPTO: FTT) has initiated legal action against former associates of Salameda, a Hong Kong-based entity reportedly under the direct control of the crypto exchange's former CEO Sam Bankman-Fried. The lawsuit alleges that these associates illicitly withdrew...

A new court filing has revealed that Sam Bankman-Fried's father, Joseph Bankman, pressured his son for a higher salary while he was working at FTX US, using Sam's mother to do so. In an email to Bankman-Fried, his father wrote, "Gee, Sam I don't know what to say here....

Over half of FTX US's assets — amounting to $90 million — were subject to unauthorized third-party transfers after the embattled exchange filed for bankruptcy. With respect to the FTX US exchange, the FTX debtors identified approximately $181 million of digital assets, according to...

Former FTX US President Brett Harrison has revealed that his relationship with the exchange’s embattled founder Sam Bankman-Fried had reached a point of total deterioration. Harrison says that it was not worth continuing working for the company no matter the prestige or upside...

Days after being released on a $250 million bond, Sam Bankman-Fried — founder of beleaguered cryptocurrency exchange FTX — turned to social media to deny allegations of misappropriating user funds. He also slammed Binance CEO Changpeng Zhao for allegedly running a months-long...

FTX's former president is expected to provide more details about the collapsed crypto exchange. Brett Harrison said via Twitter that he "will share in time," but did not respond to a follow-up question about whether he is working with U.S. regulators or prosecutors. Harrison also...

The U.S. Department of Justice (DOJ) has opened a criminal investigation into the alleged hack that resulted in approximately $372 million being stolen from FTX-controlled wallets on the evening that the Bahamas-based exchange declared bankruptcy. Massive cryptocurrency outflows began on Nov....

The U.S. Securities and Exchange Commission (SEC) is one of the biggest creditors of crypto lending company BlockFi, which after a string of failures in the digital-assets market, filed for bankruptcy. According to a filing made on Monday, the regulator has a $30 million unsecured claim...

FTX US, the U.S. arm of cryptocurrency exchange FTX appears to have stopped processing withdrawals Friday, hours after the company filed for Chapter 11 bankruptcy. According to on-chain data, there have been no outgoing transactions for nearly 2 hours. FTX US on Thursday warned users that...

FTX founder and former CEO Sam Bankman-Fried announced via Twitter Friday that FTX US, FTX Trading, quantitative research firm Alameda Research and 130 additional affiliated companies to the FTX Group have commenced voluntary proceedings under Chapter 11 bankruptcy. That begs a very...

Texas authorities are looking into alleged securities violation at cryptocurrency exchange FTX (CRYPTO: FTX), its FTX US business and founder and CEO Sam Bankman-Fried, according to a state filing. Authorities are looking into whether the yield-bearing accounts FTX US offers should be regarded...

FTX US announced its acquisition of Embed Clearing, a specialist in white label brokerage experiences it provides to broker-dealers and registered investment advisors. Why It Matters: In an exclusive conversation with Benzinga, FTX’s Sam Bankman-Fried said his aims were to improve liquidity...

Fresh after CEO Sam Bankman-Fried disclosed a stake in Robinhood Markets Inc (NASDAQ: HOOD), FTX reportedly is in talks regarding acquisitions with large firms including Webull, Public.com, and Apex Clearing. Why This Matters: FTX is looking to build a global liquidity venue. In a December...