Equity holders of the failed crypto exchange will receive cash equivalent to 18% of the seized assets.

Plaintiffs lawyers in the sprawling FTX litigation in Miami federal court have reached a deal with lawyers for the bankrupt ...

Former cryptocurrency executive Caroline Ellison was sentenced on Tuesday to two years in prison for her role in her former ...

Caroline Ellison‘s role in the FTX collapse has drawn significant attention as the scandal continues to unfold. As the former ...

Ellison was sentenced to two years in prison after she apologized for a fraud that stole billions of dollars from investors ...

The judge said prison time was necessary because she participated in what might be the “greatest financial fraud ever …” ...

Former crypto executive contributed to a multibillion-dollar fraud.

Ellison, 29, pleaded guilty nearly two years ago and testified against Bankman-Fried for nearly three days at a trial last ...

The plan promises to return 118% of claims in cash to most creditors, who represent about $6.83 billion in claims by value.

FTT’s rise comes after a steep fall following FTX’s collapse in November 2022. At its peak in 2021, FTT reached nearly $80, ...