Sam Bankman-Fried’s venture bets are turning out to be some of the best in crypto, so much so that they could have changed the outcome of FTX and its creditors, going by the portfolio’s nominal value ...

A $4.7 billion portfolio — spanning Anthropic, Solana, Robinhood, SpaceX and Sui — would be worth an estimated $52.5 billion today. Creditors got cents on the dollar instead.

As FTX’s bankruptcy estate seeks to recover funds for creditors, it has filed 23 new lawsuits targeting entities like Binance, Anthony Scaramucci, SkyBridge Capital, Crypto.com, and even the Mark ...

Editor’s Note (November 14, 2024): Since the publication of this article, FTX has intensified its efforts to recover assets through clawback litigation, with filings beginning in early November 2024, ...

Add Yahoo as a preferred source to see more of our stories on Google. A federal judge on Wednesday dismissed most of the claims brought against Tom Brady, Shohei Ohtani, Steph Curry, Gisele Bündchen, ...

The Delaware bankruptcy court handling the FTX estate approved a petition on Thursday from Three Arrows Capital (3AC) to significantly expand its claim against the estate from $120 million to $1.53 ...

Backpack allows former FTX EU users to reclaim euro balances after KYC verification, following its acquisition of the bankrupt crypto platform's EU arm. Crypto exchange Backpack announced that ...

FTX has reached a settlement with K5 Global, a venture capital firm co-founded by a former aide in Hillary Clinton’s office, resolving a lawsuit that sought to recover $700 million in disputed ...

According to court documents viewed by The Verge, Binance at one point sold back its 20 percent stake in FTX’s international arm and its 18.4 percent stake in its U.S. unit. Bankman-Fried paid for ...

Gary Wang, co-founder and former chief technology officer of FTX, exits the Manhattan federal court after testifying on Tuesday, Oct. 10, 2023, in New York. (AP Photo/Eduardo Munoz Alvarez) MANHATTAN ...

Changpeng Zhao, the founder of Binance and a prominent figure in the cryptocurrency industry, is seeking to have a $1.76 billion lawsuit filed by the FTX trust thrown out, arguing that the claims lack ...