John Ray, FTX's new CEO and chief restructuring officer, said the bankrupt crypto exchange is "in the process of removing trading and withdrawal functionality" and it is "moving as many digital assets ...

The cryptocurrency sector is reeling after the collapse of FTX, a digital currency exchange valued earlier this year at $32 billion and made famous by a Super Bowl ad starring comedian Larry David.

FTX turned from a $32 billion crypto industry darling into a spectacular fraud, becoming one of the most devastating business ...

When picking a crypto exchange, always look for signs of honesty and safety. Make sure they are clear about how they handle ...

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 ...

Over a month after the collapse of FTX, investor concern over crypto exchange Binance isn't fading. Stream Connecticut News for free, 24/7, wherever you are. The latest issue looming over Binance is ...

The fallout from the spectacular implosion of crypto giant FTX has triggered a cascade of wide-reaching effects: It's ensnared a list of celebrities who endorsed the now-bankrupt platform, and ...

Crypto exchange Backpack has initiated the first phase of the claims process for former FTX users in Europe. According to an April 1 announcement, users will need to create an account on the exchange, ...

Bankrupt crypto exchange FTX said the acquisition of its European arm FTX EU by crypto exchange Backpack has not been approved by the bankruptcy court, nor has Backpack been authorized to make ...

May 8 (Reuters) - A federal judge narrowed but stopped short of dismissing a lawsuit by investors seeking to hold celebrities like sports stars Tom Brady, Stephen Curry and Shohei Ohtani liable for ...