(Bloomberg) -- The cost of FTX’s bankruptcy is approaching $1 billion, cementing the implosion of Sam Bankman-Fried’s crypto enterprise as one of costliest Chapter 11 cases in US history.

The beneficiaries include hedge funds that picked up FTX customer claims that traded as low as 10 cents on the dollar after the company collapsed. FTX, which sought protection in November 2022, said ...

FTX founder Sam Bankman-Fried, who is imprisoned, in an interview with Tucker Carlson discussed what it’s like to be behind bars with rapper and alleged sex trafficker Sean “Diddy” Combs.

A U.S. judge overseeing the bankruptcy of FTX said Friday he will allow media companies to make their case that the collapsed crypto exchange must publicly disclose the names of its customers.

Get the latest news on FTX! FTX was a major crypto exchange founded by Sam Bankman-Fried and Gary Wang in 2019. Its native (FTT) token served multiple roles within the FTX ecosystem, such as ...

Solana price drops below the $125 support level on Thursday, down 4% in the last 24 hours On Wednesday, wallets linked to FTX and Alameda Research unstaked $23 million worth of SOL ahead of ...

Former FTX CEO Sam Bankman-Fried said he had not checked his email for the past few hundred days and that being unemployed is a lot less relaxing than it looks. FTX is set to repay $1.2 billion to ...

Sean "Diddy" Combs has been "kind" to Sam Bankman-Fried, according to the embattled FTX founder. Bankman-Fried seemingly praised the disgraced rapper and Bad Boy Records founder during an ...

It has fallen 16% in the past week, its biggest weekly drop since the collapse of the FTX crypto exchange in November 2022. The broader crypto market has lost nearly half a trillion dollars in the ...