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  2. Bankruptcy of FTX - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_of_FTX

    Logo of FTX. The bankruptcy of FTX, a Bahamas-based cryptocurrency exchange, began in November 2022. The collapse of FTX, caused by a spike in customer withdrawals that exposed an $8 billion hole in FTX's accounts, [1] served as the impetus for its bankruptcy. Prior to its collapse, FTX was the third-largest cryptocurrency exchange by volume ...

  3. EXPLAINER: What's happening at bankrupt crypto exchange FTX?

    www.aol.com/finance/explainer-whats-happening...

    Even before the bankruptcy filing and missing funds, the U.S. Department of Justice and the Securities and Exchange Commission began examining FTX to determine whether any criminal activity or ...

  4. NEW YORK (Reuters) -FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading ...

  5. FTX - Wikipedia

    en.wikipedia.org/wiki/FTX

    FTX Trading Ltd., trading as FTX (Futures Exchange), [5] is a bankrupt company that formerly operated a cryptocurrency exchange and crypto hedge fund. [6] [7] 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.

  6. The 3 most important things learned during FTX's first ... - AOL

    www.aol.com/finance/3-most-important-things...

    An ‘absence’ of asset information. As expected, U.S. Bankruptcy Judge John Dorsey, who is presiding over the case, granted FTX the right to pay its ongoing business expenses.

  7. FTX customers may get their money back, but no gains from ...

    www.aol.com/news/ftx-customers-may-money-back...

    In February, the U.S. Department of Justice appointed an independent examiner, Robert Cleary, to review potential conflicts of interest in the FTX bankruptcy involving FTX’s law firm, Sullivan ...

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