FTX

Defunct cryptocurrency exchange, FTX has settled with the Internal Revenue Service (IRS) on its $24 billion tax case according to a recent report by Bloomberg. To resolve a $24 billion tax demand the Internal Revenue Service (IRS)…

Bankrupt cryptocurrency exchange FTX might be able to settle a $24 million claim from the U.S. Internal Revenue Service (IRS) for $200 million. This settlement is still pending court approval, but would resolve one of the thornier…

When cryptocurrency exchange FTX imploded in 2022, many saw it as a sign of the crypto industry's end. “Prices have crashed, investors are walking away, and Sam Bankman-Fried (FTX founder) is in jail. It’s not…

Image source, Getty ImagesImage caption, Sam Bankman-Fried was sentenced to 25 years in prison for defrauding customersArticle informationAuthor, João da SilvaRole, Business reporter8 May 2024, 03:01 BSTUpdated 1 hour agoCollapsed…

(Bloomberg) -- Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries under the company’s bankruptcy.Most Read…

Bankrupt FTX has been long-struggling to repay its former customers. However, the embattled crypto exchange is now riding the “sell-to-pay” route to help reduce its debt. According to Bloomberg reports, FTX is now offloading its assets…

The now-defunct cryptocurrency exchange FTX has been actively selling its crypto holdings to increase its liquid assets as it prepares for the planned repayment to creditors. According to a Bloomberg report, as of December 2023, FTX…

(Reuters) - FTX has sold 22 million shares worth close to $1 billion in Grayscale Bitcoin Trust (GBTC) since it was converted into an exchange-traded fund (ETF) earlier this month, taking FTX's GBTC ownership down to zero, CoinDesk…

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The co-founder and chief executive officer of cryptocurrency exchange FTX has outlined his top priorities for the industry to tackle in the coming years.  In a series of tweets, FTX chief Sam…