Crypto assets worth $740M recovered in FTX bankruptcy so far

A total of $740 million in assets have been recovered so far from the failed cryptocurrency firm FTX.

The company contracted to recover assets of the failed cryptocurrency exchange FTX says it has managed to recover more than $740 million so far. However, it is just a fraction of the potentially bil… [+1971 chars]


FTX implosion could affect 'more than one million' investors

Bankruptcy documents filed by the crypto exchange FTX indicate that it currently faces more than 100,000 creditors, but that number could expand to over one million, The Financial Times has reported. The company also stated that it has been in contact with US…

Crypto exchange FTX files for bankruptcy as its CEO resigns

Twitter isn’t the only notable tech company to bandy around the word “bankruptcy” this week. After a stunningly rapid collapse, crypto exchange FTX has filed for Chapter 11 bankruptcy protection, while founder Sam Bankman-Fried has resigned as CEO.The ban…

Binance won’t bail out FTX, cites reports of ‘mishandled customer funds’

FTX arranged to be acquired by one of its rivals after suffering a liquidity crunch, but now Binance is backing out of the deal. FTX’s collapse has caused concerns about contagion across other large crypto firms and investors.

As FTX sinks, other crypto exchanges are showing their coins, Binance, and Coinbase are among the cryptocurrency exchanges trying to prove to customers that their funds are safe following the collapse of FTX.

Major crypto brokerage Genesis suspends withdrawals in wake of FTX collapse

Cryptocurrency brokerage Genesis is pausing redemptions and new loan originations as it deals with an influx of withdrawal requests following FTX’s collapse.

Engadget Podcast: A foldable iPhone, Meta layoffs and the fall of FTX

We’re still waiting for Apple to deliver a genuine foldable iPhone, but that didn’t stop a group of engineers in China from crafting their own prototype. This week, Cherlynn and Devindra dive into the possibility of a real foldable iPhone, plus they discuss M…

Read FTX's Bankruptcy Filings for Yourself

FTX has financially collapsed and filed for bankruptcy. As complex court proceedings begin, here are all the documents for the company and its tangled web.


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