FTX
Do Kwon pleads guilty to fraud over US$40 billion Terra collapse
US prosecutors say that the longest sentence they will seek under the plea deal is 12 years
Temasek shifts early-stage focus ‘a little more’ towards larger startups, after FTX and eFishery setbacks
Early-stage investments remain capped at 6% of Temasek’s overall portfolio
FTX to distribute US$5 billion in next round of creditor payments
Customer payments are being made through Bitgo or Kraken, the company says
FTX estate starts paying out billions to creditors; Temasek likely among beneficiaries
AFTER more than two years of hand-wringing, creditors of bankrupt crypto exchange FTX are heaving a sigh of relief as the trading platform’s estate starts paying cash back to creditors this week.
Bankman-Fried’s ex-deputy Wang avoids prison time over crypto fraud
FORMER cryptocurrency executive Gary Wang, who unwittingly wrote the computer code that helped FTX founder Sam Bankman-Fried steal about US$8 billion from customers of the now-bankrupt exchange, was s...
FTX sues Binance and its former CEO for US$1.8 billion
COLLAPSED cryptocurrency company FTX is suing Binance and its former CEO Zhao Changpeng, alleging that US$1.8 billion was “fraudulently transferred” by FTX management to Binance and its executives.
FTX clear to repay customers as firms seek slice of US$1 billion
CRYPTOCURRENCY firm FTX won court approval to fully repay customers whose digital assets were locked on the platform when it imploded nearly two years ago, an unusual result that could net shareholder...
Crypto CEO and Bankman-Fried ex Caroline Ellison gets two-year sentence
CAROLINE Ellison, who testified against her former boyfriend and FTX founder Sam Bankman-Fried at his crypto fraud trial, was sentenced on Tuesday to two years in prison for her role in the case, New ...
FTX auditor settles US SEC negligence case, pays fine
A FORMER auditor for FTX will pay US$1.95 million to settle two US Securities and Exchange Commission (SEC) cases, including for alleged negligence in auditing the cryptocurrency exchange Sam Bankman-...
FTX customers to vote on multi-billion US dollar repayment plan
FTX customers will be asked in the coming weeks to vote on the failed crypto exchange’s multi-billion US dollar plan for compensating victims whose assets have been locked on the platform since it col...
