April 11, 2024
The Judicial Panel on Multidistrict Litigation on Thursday denied a bid to move a Delaware bankruptcy proceeding regarding the collapse of cryptocurrency exchange FTX Trading Ltd. to an ongoing multidistrict litigation brought by the company's investors seeking to recoup their losses.
March 29, 2024
FTX founder Sam Bankman-Fried's fall from billionaire crypto prodigy to convicted fraudster took less than a year. But in that time, shocking details surfaced about his brazen bets and general indifference to the law. Here's a timeline of events leading up to Bankman-Fried's sentencing and FTX's bankruptcy plan.
March 14, 2024
A Delaware bankruptcy judge should give Sullivan & Cromwell LLP about $31 million in fees for its work in FTX Trading Ltd.'s case from August through October 2023, the Chapter 11 fee examiner said.
July 13, 2023
The estate of bankrupt crypto exchange FTX Trading Ltd. and MacLaurin Investments Ltd. have sued three former FTX insiders and one of their interests in the U.S. Bankruptcy Court for Delaware, seeking to claw back at least $323.5 million paid out to buy Digital Assets AG.
May 30, 2023
A federal bankruptcy watchdog that had called for an independent examiner to investigate the activities of defunct crypto exchange FTX Trading Ltd. before it filed for Chapter 11 can appeal a bankruptcy court's denial of the request directly to the Third Circuit because it involves a question of law, a Delaware federal judge said Tuesday.
March 06, 2023
The U.S. Trustee's Office on Monday renewed its bid for an examiner to be appointed to the defunct crypto exchange FTX by saying it would appeal a federal bankruptcy judge's decision to decline the request over the cost it would incur the estate.