Alameda Research

FTX and Alameda Pay $12.7 Billion to End CFTC Lawsuit
FTX and Alameda Pay $12.7 Billion to End CFTC Lawsuit
August 08, 2024  |  Legal

FTX and sister company Alameda Research have agreed to pay their creditors $12.7 billion. The agreement, approved Wednesday (Aug. 7) by U.S. District Judge P. Kevin Castel,...

READ MORE >
FTX Seeks OK to Pay Customers Back in Cash
FTX Seeks OK to Pay Customers Back in Cash
June 25, 2024  |  Cryptocurrency

Bankrupt cryptocurrency exchange FTX is set to ask permission to repay customers in cash. As Reuters reported Tuesday (June 25), the company will ask a judge to...

READ MORE >
‘Aggrieved’ FTX Customers Seek $8 Billion in Forfeited Assets
‘Aggrieved’ FTX Customers Seek $8 Billion in Forfeited Assets
June 18, 2024  |  Cryptocurrency

A group of FTX customers say $8 billion of the company’s forfeited assets are rightfully theirs. As Coindesk reported Tuesday (June 17), these customers are seeking a...

READ MORE >
FTX and Alameda Vets’ New Exchange ‘Backpack’ Raises $17 Million
FTX and Alameda Vets’ New Exchange ‘Backpack’ Raises $17 Million
February 28, 2024  |  Investments

Backpack, a cryptocurrency exchange led by former FTX and Alameda Research employees, raised $17 million. The Series A funding round values Backpack — whose offerings...

READ MORE >
Bankman-Fried to Appear in Court for First Time Since Conviction
Bankman-Fried to Appear in Court for First Time Since Conviction
February 21, 2024  |  Legal

Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, is set to appear in court Wednesday (Feb. 21) for a hearing on his new lawyer’s...

READ MORE >
FTX Submits Plans to End Bankruptcy Proceedings
FTX Submits Plans to End Bankruptcy Proceedings
December 18, 2023  |  Cryptocurrency

FTX has filed a proposal that would allow the cryptocurrency exchange to exit bankruptcy. The proposal, filed in bankruptcy court Saturday (Dec. 16), would distribute billions in cash...

READ MORE >
Bankman-Fried Lawyer: Client Was ‘Worst’ Witness in Unwinnable Case
Bankman-Fried Lawyer: Client Was ‘Worst’ Witness in Unwinnable Case
December 12, 2023  |  Legal

Could FTX founder Sam Bankman-Fried have prevailed at trial? David Mills, the veteran attorney who helped the cryptocurrency mogul build his defense, doesn’t think so, according...

READ MORE >
Everyone Bought FTX’s Story; Now They’re Reacting to Bankman-Fried’s Fall
Everyone Bought FTX’s Story; Now They’re Reacting to Bankman-Fried’s Fall
November 03, 2023  |  Cryptocurrency

Sam Bankman-Fried, 31, of Stanford, California, was convicted on all counts Thursday (Nov. 2). In a bit of poetic justice, the Thursday conviction came exactly...

READ MORE >
Bankman-Fried Guilty on All Counts in Crypto King’s Final Collapse 
Bankman-Fried Guilty on All Counts in Crypto King’s Final Collapse 
November 02, 2023  |  Legal

That’s all she wrote.  Sam Bankman-Fried on Thursday evening (Nov. 2) was found guilty on all counts.  And it wasn’t twelve angry men that did...

READ MORE >