No, FTX hasn’t recovered all funds and isn’t restarting soon
FTX is unlikely to restart soon but is assessing the possibility, as it continues to recover funds for creditors.
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FTX is unlikely to restart soon but is assessing the possibility, as it continues to recover funds for creditors.
Read more (2 min) →The Charity Commission is probing Effective Ventures Foundation, which received money from Future Fund, the charitable arm of FTX.
Alameda Research CEO Sam Bankman-Fried routed more than $400 million worth of FTX customer deposits to a number of ex-Jane Street traders.
If Genesis fails, $350 million of the $600 million owed to Todd Boehly's Eldridge would become due, according to the terms of the loan.
Pages of charges filed against Sam Bankman-Fried by the SEC, CFTC, and SDNY reveal a lot about his alleged operations.
The Shark Tank TV star has previously been open about his FTX dealings, however, he never disclosed the sums FTX were paying him.
Politicians in the Bahamas are concerned that the collapse of FTX could damage the country's reputation as a finance and crypto hub.
Protos reviewed documents filed by Alameda Research that reveal that it held FTX equity on its balance sheet, bought from Binance in 2021.
With the fallout from FTX's collapse still being felt, there are signs that, for crypto markets, things may get worse before they get better.
Crypto exchanges FTX and FTX US, trading firm Alameda Research, and over 100 related entities have declared Chapter 11 bankruptcy.