A 5% stake in AI coding startup Cursor that FTX's bankruptcy estate sold for $200,000 in April 2023 would be worth about $3 billion today, following SpaceX's agreement this week to acquire the company ...

The Trump family’s World Liberty Financial crypto project is drawing sharp criticism after its treasury used billions of its own WLFI governance tokens as collateral to borrow stablecoins on an ...

Singh faced legal action from the SEC, CFTC and US Department of Justice after FTX collapsed in November 2022 but avoided significant prison time by cooperating with authorities. Nishad Singh, the ...

The FTX Recovery Trust is distributing $2.2 billion to creditors on March 31, but all payments are in USD valued at November 2022 prices. Previous FTX payouts that happened during fearful markets saw ...

The fourth round of reimbursements to creditors and former clients of the failed crypto exchange since February 2025 brings the total paid to about $10 billion. Update (March 19 at 2:52 pm UTC): This ...

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Caroline Ellison, of FTX fame, was released early from federal custody this week, serving just 14 months of what was supposed to be a two-year sentence for her role in what has become one of the ...

Caroline Ellison, the exec involved in the FTX scandal, has been released from federal custody. The former Alameda Research CEO had been in federal custody for roughly 14 months. She was sentenced to ...

Three of the top former executives at FTX and its affiliates have accepted final punishments from the U.S. Securities and Exchange Commission as the agency resolves its enforcement cases connected to ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Sam Bankman-Fried was once called the “crypto king.” But in November 2022, his ...

The FTX Bankruptcy Trust filed a $1.15 billion lawsuit against Bitcoin mining firm Genesis Digital Assets. The FTX Bankruptcy Trust has filed a $1.15 billion lawsuit against Bitcoin mining firm ...