The collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8bn was “fraudulently transferred” by FTX management to Binance and its executives according to a detailed report by The Guardian.

FTX sues Binance and its former CEO Changpeng Zhao for $1.8bn

Crypto exchange FTX will have between $14.5 billion to $16.3 billion to pay its creditors and customers, according to an amended reorganization plan filed by the company on Tuesday in a U.

FTX files amended reorganisation plan, expects $14.5 billion-$16.3 billion for distribution

FTX founder Sam Bankman-Fried, in his latest testimony, has expressed "regret" for failing to investigate the $8 billion debt his hedge fund borrowed from the cryptocurrency exchange before its collapse last November.

'Deeply regret': FTX founder Sam Bankman-Fried faces intense scrutiny in fraud trial

FTX founder Sam Bankman-Fried's lawyer Mark Cohen said on Wednesday (Oct 4) that crypto was not for everyone and acknowledged that his client was in a risky business.

Bankman-Fried trial: Crypto was not for everyone, says FTX founder's lawyer

Once hailed as America’s crypto king, FTX’s Sam Bankman-Fried on Tuesday (Oct 3) will stand trial for allegedly masterminding one of the biggest financial frauds in the history of the country.

US: Disgraced FTX founder Sam Bankman-Fried goes on trial Tuesday

Former co-CEO of FTX's Bahamian subsidiary and Sam Bankman-Fried's top lieutenant, Ryan Salame pleaded guilty on Thursday (September 7) in Manhattan federal court to making tens of millions of dollars in unlawful campaign donations.

FTX former executive Ryan Salame pleads guilty in Bankman-Fried trial

The bail plea of Sam Bankman-Fried, the former CEO of now defunct cryptocurrency exchange FTX, was revoked and he will now head towards prison for allegedly tampering with witnesses.

Former FTX CEO Sam Bankman-Fried’s bail revoked for witness tampering, heads to prison

FTX co-founder Sam Bankman-Fried might be heading to jail sooner than anticipated. A US judge on Wednesday said he will consider jailing Bankman-Fried before the trial after prosecutors argued that the embattled crypto trader had indulged in witness tampering.

Embattled Bankman-Fried might be heading to prison before trial. Know why

FTX, the defunct cryptocurrency exchange, has sued its own founder Sam Bankman-Fried and three former executives to recover over $1 billion they are accused of misappropriating before the collapse of FTX last year.

FTX sues its own founder Sam Bankman-Fried to recover over $1 bn

Temasek Holdings, Singapore’s state-owned wealth management fund, has punished its senior staff responsible for investing $275mn in the cryptocurrency exchange FTX.

Singapore’s Temasek Holdings punishes its senior staff for investing millions in now-collapsed FTX

United States officials on Tuesday (March 28) charged former FTX chief Sam Bankman-Fried over authorising bribes of at least $40 million to Chinese officials. The charge was added to 12 counts already faced by the former FTX chief.

US charges disgraced crypto founder Sam Bankman-Fried for bribing Chinese officials

Following the footsteps of embattled FTX and BlockFi, another cryptocurrency lender Genesis Global Holdco LLC, and two of its subsidiaries have filed for bankruptcy in New York court, indicating how the crypto fall has created a ripple effect in the market.

Another crypto firm Genesis files for bankruptcy

Crypto exchange FTX, that has declared itself bankrupt, has told creditors in a report that about $415 million in cryptocurrency had been stolen in hacks. It said Tuesday that while it recovered over $5 billion in crypto, cash and liquid securities, significant shortfalls at both its international and US crypto exchanges still remain.

FTX says crypto worth $415 million hacked, Bankman-Fried refutes claims

Embattled crypto trader and co-founder of FTX Sam Bankman-Fried on Thursday in a blog post laid bare his side of the issue and said he did not 'steal' the funds.

'I didn’t steal...': Sam Bankman-Fried says in a post after pleading not guilty

Three top committees charged with electing Democrats have said that they would step aside $1 million in donations from Sam Bankman-Fried, the former chief executive officer (CEO) of the collapsed cryptocurrency firm FTX.

Democrats to set aside donations from ex-FTX CEO Sam Bankman-Fried

The FTX CEO and founder Sam Bankman-Fried took to Twitter on Sunday and said that he would testify before the United States House Financial Services Committee after he is done “learning and reviewing” the collapse of his cryptocurrency exchange platform.

FTX’s Bankman-Fried to testify before US House committee after ‘learning and reviewing’ its collapse

In his first public appearance amid the collapse of FTX, a cryptocurrency firm that left investors with losses of billions of dollars, former FTX CEO Sam Bankman-Fired tried to distance himself from committing any fraud.

Former FTX CEO Sam Bankman-Fried apologises for his 'mistakes,' says didn't knowingly commit fraud

Crypto lender BlockFi, on Monday, filed for bankruptcy citing the exposure and subsequent downfall of one of crypto’s high-profile collapses in recent years, the FTX exchange.

Cryptocurrency lender BlockFi files for bankruptcy; FTX fallout rattles crypto industry

The US Supreme Court on Tuesday rejected Donald Trump's plea for an order to prevent the Treasury Department from giving six years of his tax returns to the Democratic-controlled House Ways and Means Committee.

Morning news brief: Setback for Trump, FTX lawyers make startling revelations & more

The cryptocurrency exchange FTX, which applied for bankruptcy court protection in the United States, said it owed its 50 largest creditors close to $3.1 billion.

Bankrupt crypto exchange FTX owes almost $3.1 billion to top 50 creditors

Collapsed crypto exchange FTX said on Saturday that it has started a strategic evaluation of its worldwide assets and is putting some businesses up for sale or reorganisation.

FTX conducts strategic assessment; requests judicial relief to pay important vendors

Fourteen months after El Salvador became the first nation to adopt bitcoin as a legal tender, the bankruptcy of cryptocurrency exchange FTX and resulting crash in prices of other cryptocurrencies have pushed the country's leaders to announce the signing of a free trade deal with China.

Crypto crash forces El Salvador into China's economic circle of influence

Visa Inc. on Sunday announced it was severing its ties with now-bankrupt cryptocurrency exchange FTX. “The situation with FTX is unfortunate and we are monitoring developments closely," said a Visa spokesperson.

Visa severs ties with troubled cypto exchange FTX, calls situation 'unfortunate'

Ever since cryptocurrency exchange FTX declared bankruptcy and its cryptocurrency genius and founder Sam Bankman-Fried resigned, the entire sector has been in turmoil.

'We need regulations', says Binance CEO after rival exchange FTX goes under

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