The collapse of the FTX empire didn't just set in motion a crypto market downturn. The unraveling of FTX's misuse of customer funds also exposed the risks of using crypto wallets controlled by ...
FTX took the decision as a proactive measure to prevent any potential future incidents or additional harm following the recent hack. Following the recent Kroll cybersecurity breach, bankrupt crypto ...
Kroll, the firm managing customer data of FTX collapse victims, was hit by a data breach this month that resulted in customer data being stolen. The company was struck by “a cybersecurity incident ...
Alameda Research, one of the sister firms connected to defunct crypto exchange FTX and a party to its bankruptcy case, is seeking to recover more than $11 million in a Crypto.com account held since ...
The official account of FTX on blogging platform X has issued a stern warning to its creditors and the general public over the recent activities of scammers. According to the FTX account, these ...
The collapse of cryptocurrency exchange FTX erased around $1 billion in customer funds and is often compared to high-profile frauds such as Enron and Bernie Madoff's Ponzi scheme. Last week a jury ...
A group of former customers of bankrupt crypto exchange FTX are rebelling against a proposed plan that would return the entirety of the money they lost. In a lawsuit filed this week, the customers ...
A key witness for prosecutors in the trial of Sam Bankman-Fried testified that both he and Bankman-Fried committed multiple financial crimes related to their oversight of now-bankrupt crypto exchange ...
The criminal trial of Sam Bankman-Fried, former cryptocurrency magnate, completed its second day on Wednesday. The prosecution and defense both gave opening statements and interviewed the first two ...
Sam Bankman-Fried’s fraud trial began just four days ago, and already jurors have heard testimony from one of his closest business partners who said, in essence, “we did the crimes, and we did them at ...
FTX founder Sam Bankman-Fried's attorneys on Friday had their first opportunity to cross-examine one of the former FTX executives who has pleaded guilty and agreed to cooperate with the government in ...
The collapse of the FTX empire didn’t just set in motion a crypto market downturn. The unraveling of FTX’s misuse of customer funds also exposed the risks of using crypto wallets controlled by ...