The company, North Dimension, had no business operations besides a bank account, prosecutors said in charges unsealed Thursday.

Crypto exchange FTX filed for Chapter 11 bankruptcy protection in the United States on Friday following its precipitous ...

It took less than a week for FTX to go from the third-largest cryptocurrency exchange in the world to bankruptcy court.

A Manhattan federal jury found FTX co-founder Sam Bankman-Fried guilty of defrauding his customers, investors, and lenders, concluding a dramatic fall for a 31-year-old entrepreneur who presided over ...

Before it collapsed this month, FTX stood apart from many rivals in the largely unsupervised crypto industry by boasting it ...

The government’s case at trial against FTX founder Sam Bankman-Fried is, so far, heavy on what his top executives claim the crypto entrepreneur said, thought, and did. It is less reliant on ...

Peter Easton, an accounting professor from the University of Notre Dame testified that FTX’s user deposits were reinvested into businesses, real estate, political contributions, and charity donations ...

Assistant U.S. Attorney Danielle Sassoon grilled the former FTX CEO in court on his knowledge of FTX user deposits and the retention of communication records. Testifying in court but without the jury ...

It’s been more than a year since FTX, a one-time mammoth cryptocurrency exchange, collapsed and subsequently declared bankruptcy. In the interim, the company’s founder, Sam Bankman-Fried was convicted ...

The exuberance and hype that brought the cryptocurrency industry to new highs in 2020 and 2021 came crashing down sharply ...