FTX


Policy

Nearly All FTX Creditors Will Get 118% of Their Funds Back in Cash, Estate Says in New Plan

The new reorganization plan must first be approved by a Delaware bankruptcy court.

Current FTX CEO John J. Ray has worked to clawback funds spent by the previous operators of the defunct FTX exchange. (Wikimedia Commons)

Videos

Binance Nigeria Money Laundering Trial Delayed; Fmr FTX Europe Head Pays $1.5M for Titanic Memento

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the delay of Binance Nigeria's money laundering trial to May 17. Plus, asset management giant BlackRock expects a new wave of inflows from different types of investors, and former head of FTX Europe Patrick Gruhn paid nearly $1.5 million for a gold pocket watch recovered from the Titanic.

Recent Videos

Finance

Former FTX Europe Head Pays $1.5M for Gold Watch Recovered From Titanic: WSJ

Gruhn said he bought the watch for his wife, Maren Gruhn, and that they would display the watch in museums, according to the report.

The sinking of the Titanic painted by German artist Willy Stoewer. (Gettyimages/BettmannArchive)

Policy

Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters

Bankman-Fried’s one-time friends and co-defendants Caroline Ellison, Gary Wang, and Nishad Singh have already settled with the investors.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF

CFTC chief Rostin Behnam previously disclosed there were meetings and messages with FTX's Sam Bankman-Fried, but he hasn't granted another senator's call to see all the records.

Ex-FTX CEO Sam Bankman-Fried had a lot of interactions with the Commodity Futures Trading Commission, and two senators are demanding details. (Jesse Hamilton/CoinDesk)

Policy

Is the Sam Bankman-Fried Story Over?

He was sentenced last month. What did we learn?

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Videos

Bitcoin Drops Below $66K; Sam Bankman-Fried Says He Feels Remorse

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin fell below $66,500 during the Asian hours as the dollar index rose above 105.00 for the first time since mid-November. Plus, the latest from FTX founder Sam Bankman-Fried after getting a 25-year prison sentence. And, Tron founder Justin Sun asked a New York court to dismiss a lawsuit from the SEC.

CoinDesk placeholder image

Opinion

Sam Bankman-Fried Deserves a Life After Prison

He did incalculable harm, but arguing for a sentence longer than 25 years is unfair to the man and the industry he once represented.

(CoinDesk)

Policy

FTX to Sell $884M of Anthropic Shares to Two Dozen Institutional Investors

The value of FTX's FTT token surged 10% on the news.

Sam Bankman-Fried, right, outside court in July 2023. (Nikhilesh De/CoinDesk)

Policy

Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report

The proceeds from the sale of the shares, valued at approximately $1 billion, will go towards repaying investors.

New FTX CEO John J. Ray III (C-Span)