The now defunct cryptocurrency exchange FTX and its sister company Alameda Research have been ordered to pay $12.7 million to their customers and fraud victims, the Commodity Futures Trading ...

Cryptocurrency trading platform FTX is defunct and its CEO, Sam Bankman-Fried, has been convicted of fraud. NPR's Ayesha Rascoe asks researcher Molly White what's next for crypto. UNIDENTIFIED PERSON: ...

Collapsed cryptocurrency exchange FTX has agreed to pay $12.7 billion to investors who lost money when the exchange went bankrupt in November 2022. The deal approved this week by U.S. District Judge ...

FTX, the bankrupt cryptocurrency exchange formerly helmed by fraudster Sam Bankman-Fried, has agreed to pay $12.7 billion to customers blindsided by Bankman-Fried’s deceptions covering up FTX’s ...

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.

Defunct crypto exchange FTX and trading firm Alameda Research will pay $12.7 billion to creditors as a New York judge officially approved a consent order on Wednesday, ending a 20-month-long lawsuit ...

The U.S. District Court for the Southern District of New York entered a consent order against FTX Trading and Alameda Research, requiring them to pay $12.7 billion in monetary relief to fraud victims, ...

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