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FTX

Bankrupt cryptocurrency exchange

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FTX Trading Ltd., commonly known as FTX, is a bankrupt company that formerly operated a cryptocurrency exchange and crypto hedge fund. The exchange was founded in 2019 by Sam Bankman-Fried and Gary Wang and collapsed in 2022 after massive fraud perpetrated by Bankman-Fried and his partner Caroline Ellison forced the company to file for Chapter 11 bankruptcy.

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Deputy of FTX crypto king Sam Bankman-Fried jailed

A former top executive at FTX has been jailed for more than seven years over his role in the collapse of the cryptocurrency exchange.
Sky News - Published

FTX Founder Sam Bankman-Fried Get 25-Year Sentence for Crypto Fraud

FTX founder Sam Bankman-Fried is going away for a long time ... the judge hit him with a 25-year sentence for scamming customers and investors in his federal cryptocurrency fraud case. Judge Lewis..
TMZ.com - Published

FTX Founder Sam Bankman-Fried Found Guilty In Crypto Fraud Case

FTX founder Sam Bankman-Fried is not going to the moon, instead he appears headed for prison ... he's been found guilty on all counts against him in his federal cryptocurrency fraud case. Federal law..
TMZ.com - Published

Sam Bankman-Fried convicted of defrauding cryptocurrency customers

FTX founder Sam Bankman-Fried has been found guilty of defrauding customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record.
Sky News - Published

'An empire built on lies': Sam Bankman-Fried stole over $10bn from FTX customers, jury told

The trial of embattled crypto executive Sam Bankman-Fried has begun - with prosecutors claiming he stole more than $10bn (£8.2bn) from unsuspecting customers.
Sky News - Published

Bankrupt crypto exchange sues parents of company's founder over 'misappropriated funds'

The parents of a man who founded a cryptocurrency exchange which later went bankrupt are being sued by the company, alleging the pair syphoned off millions of dollars from FTX's funds to enrich..
Sky News - Published

Sam Bankman-Fried has bail revoked for alleged witness tampering

Disgraced FTX founder Sam Bankman-Fried has had his $250m (£197m) bail revoked and has been sent to jail after alleged witness tampering.
Sky News - Published

Disgraced FTX founder hit with another charge

Disgraced FTX founder Sam Bankman-Fried has been charged with bribing Chinese officials with payments of $40m (£32.4m).
Sky News - Published

British investor who lost £1m in FTX collapse among 13 people to make reports to police

british investor who lost £1m in ftx collapse among 13 people to make reports to police
A British investor said to have lost £1m in the collapse of cryptocurrency trading platform FTX is among 13 people to have made fraud reports to UK police.
Sky News - Published

Disgraced FTX founder pleads not guilty to fraud

Disgraced FTX founder Sam Bankman-Fried has pleaded not guilty to stealing billions of dollars of customer money in his first court appearance since he was released on a record $250m pretrial bail.
Sky News - Published