Fenwick agrees to settle lawsuit over law firm’s alleged role in FTX fraud

In recent developments, fTX users filed the lawsuit in 2023, accusing the law firm of playing “a key and crucial role” in “how the FTX fraud was accomplished.” Looking closer,…

From FTX fallout to fresh capital: Former US chief raises $35M for new exchange

In recent developments, former-FTX US president Brett Harrison’s Architect Financial Technologies secured $35 million to build an institutional trading platform spanning crypto, equities, and futures. Looking closer, market participants highlight…

FTX, Alameda Execs Will Be Barred From Wall Street Roles for Up to 10 Years

In recent developments, the SEC proposed settlement agreements for key members of FTX co-founder and former CEO Sam Bankman-Fried’s inner circle. Looking closer, market participants highlight key drivers such as…

Silvergate Bank lawsuit calls for FTX, Alameda clients to weigh in on $10M se…

In recent developments, more than 46,000 claimants could potentially receive a payout from a court-approved settlement involving the FTX-tied Silvergate Bank, which shuttered in 2023. Looking closer, market participants highlight…

Ex-prosecutor denies promising not to charge FTX executive’s partner

In recent developments, one of the US attorneys behind the prosecution of former FTX executives testified as part of an evidentiary hearing exploring one of their plea deals. Looking closer,…

Ex-prosecutor denies promising not to charge FTX executive’s partner

In recent developments, one of the US attorneys behind the prosecution of former FTX executives testified as part of an evidentiary hearing exploring one of their plea deals. Looking closer,…

Three years after FTX’s collapse, creditors wait as the industry rebuilds t…

In recent developments, the 2022 FTX bankruptcy pushed crypto toward greater transparency across exchanges and DeFi, yet some who lost funds in the crisis still haven’t been paid. Looking closer,…

FTX drops ‘restricted countries’ motion but warns it may refile

In recent developments, the FTX Recovery Trust dropped a motion to limit payouts to creditors in countries including China, which holds about $380 million in claims. Looking closer, market participants…

FTX creditor says real recovery could be as low as 9% amid inflated crypto pr…

In recent developments, fTX creditors may get only a fraction of their expected payouts once adjusted for Bitcoin, Ether and Solana’s current prices, according to creditor representative Sunil. Looking closer,…