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Bankrupt FTX Sues Sam Bankman-Fried, Others to Recoup More Than $1 Billion
Business

Bankrupt FTX Sues Sam Bankman-Fried, Others to Recoup More Than $1 Billion

The latest lawsuit by new management alleges that transfers of corporate assets were made for the benefit of the co-founder and others. Source link

ASIC office
Finances

ASIC cancels licence of FTX Australia

The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services (AFS) licence held by FTX Australia Pty Ltd, effective from 14 July

FTX Sues Over European Unit Deal, Seeking to Recover $323 Million
Business

FTX Sues Over European Unit Deal, Seeking to Recover $323 Million

FTX filed a lawsuit on Wednesday against former managers of a Swiss business the bankrupt cryptocurrency exchange had acquired, looking to claw back at least

Cypriot regulator extends suspension of FTX license until end-Sep 2023
Finances

Cypriot regulator extends suspension of FTX license until end-Sep 2023

The Cyprus Securities and Exchange Commission (CySEC) announces an extension of the suspension of the Cyprus investment firm (CIF) authorisation of FTX (EU) Ltd until

At FTX, Multimillion-Dollar Expenses Were Approved by Emoji
Finances

At FTX, Multimillion-Dollar Expenses Were Approved by Emoji

FTX’s failures are rooted in “hubris, incompetence, and greed,” the new management team said in a report outlining scathing details about the lack of financial

Standard Chartered agrees to sell business in Jordan By Reuters
Stock Market

Collapse of FTX deprives academics of grants, stokes fears of forced repayment By Reuters

© Reuters. FILE PHOTO: An FTX logo and a representation of cryptocurrencies are seen through broken glass in this illustration taken December 13, 2022. REUTERS/Dado

Miami Heat Have a New Arena Sponsor After FTX Collapse
Business

Miami Heat Have a New Arena Sponsor After FTX Collapse

Business Local software company Kaseya agrees to $117 million naming-rights deal Source link

CySEC responds to FTX announcement regarding return of funds
Finances

CySEC responds to FTX announcement regarding return of funds

The Cyprus Securities and Exchange Commission (CySEC) today issued a response to the announcement by FTX EU (Cyprus) that it will commence processes for the

FTX Founder Sam Bankman-Fried Pleads Not Guilty to Latest Federal Charges
Finances

FTX Founder Sam Bankman-Fried Pleads Not Guilty to Latest Federal Charges

Markets Currencies Cryptocurrency Lawyer says latest charges go against terms of the extradition agreement with the Bahamas Source link

FTX Founder Sam Bankman-Fried Faces New Criminal Charge
Finances

FTX Founder Sam Bankman-Fried Faces New Criminal Charge

The fresh indictment alleges violation of law prohibiting bribes of foreign officials. Source link