The Business Times

FTX

Banking & Finance

Do Kwon pleads guilty to fraud over US$40 billion Terra collapse

Early-stage investments remain capped at 6 per cent of Temasek’s overall portfolio.
Singapore

Temasek shifts early-stage focus ‘a little more’ towards larger startups, after FTX and eFishery setbacks

FTX customers will be fully repaid amounts they were owed when the firm filed for bankruptcy in November 2022.
Banking & Finance

FTX to distribute US$5 billion in next round of creditor payments

Customers’ crypto recoveries have been given a massive jolt by the rally in crypto prices that kicked off last year.
Global Enterprise

FTX estate starts paying out billions to creditors; Temasek likely among beneficiaries

Gary Wang is the last member of Bankman-Fried’s former inner circle to be sentenced by Kaplan.
International

Bankman-Fried’s ex-deputy Wang avoids prison time over crypto fraud

FTX was one of the largest cryptocurrency firms in the world before it collapsed in late 2022.
Banking & Finance

FTX sues Binance and its former CEO for US$1.8 billion

FTX filed bankruptcy in November 2022 after Bankman-Fried shut down the company’s crypto-trading platform and handed control to insolvency experts.
Banking & Finance

FTX clear to repay customers as firms seek slice of US$1 billion

Caroline Ellison, who ran Alameda Research, departs the US courthouse following her sentencing in Manhattan, New York, Sept. 24, 2024. Ellison, a former top adviser to the cryptocurrency mogul Sam Bankman-Fried, was sentenced to two years in prison for her role in the US$8 billion fraud that led to the implosion of the once high-flying FTX crypto exchange.
Banking & Finance

Crypto CEO and Bankman-Fried ex Caroline Ellison gets two-year sentence

Prosecutors said Bankman-Fried looted US$8 billion from FTX customers, in large part to plug losses at Alameda.
Banking & Finance

FTX auditor settles US SEC negligence case, pays fine

FTX has already settled billions of US dollars in tax claims asserted by the US Internal Revenue Service.
Banking & Finance

FTX customers to vote on multi-billion US dollar repayment plan

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