Plaintiffs’ focus has narrowed to one law firm that they allege enabled FTX’s rise and concealed its faults. A motion to dismiss and a request for leave to amend the complaint are now before U.S.

Shaquille O'Neal will be paying seven figures to settle the class-action lawsuit against FTX that also named other high-profile athletes. O'Neal will pay $1.8 million after he was accused of touting ...

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 ...

The FTX Recovery Trust will distribute more than $5 billion to creditors starting May 30, as part of its second payout under the Chapter 11 bankruptcy plan. This marks a significant step in addressing ...

Crypto trading firm Backpack, which bought the European arm of bankrupt exchange FTX, has begun the process for customers to claim their funds. Backpack, which purchased FTX EU for $32.7 million in ...

The ownership of FTX EU has become a point of contention between Backpack Exchange and the FTX estate. Backpack Exchange, a centralized cryptocurrency platform, has responded to claims made by the FTX ...

The bankruptcy estate of collapsed cryptocurrency exchange FTX has sued the company's former rival Binance in an attempt to recover $1.76 billion or more. The lawsuit seeks "at least $1.76 billion ...

As their children are sentenced for fraud, the parents of FTX’s top leaders have described their disbelief at how the crypto exchange upended their lives. By David Yaffe-Bellany David Yaffe-Bellany ...

The FTX bankruptcy estate agreed to a $228 million settlement with the Bybit exchange in an Oct. 24 legal filing for a lawsuit first filed in 2023 by the FTX estate seeking to recover funds to repay ...

Ryan Salame, once a high-ranking executive at bankrupt cryptocurrency company FTX, took to LinkedIn this week to share that he is starting a new position — as an inmate in federal prison. Salame was ...

FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...

A US judge has cleared the way for billions of dollars to be refunded to former customers of bankrupt crypto exchange FTX. At a court hearing in Wilmington, Delaware, on Monday, judge John Dorsey gave ...