Yahoo

What Happened to Caroline Ellison? FTX Collapse & Scandal Explained

Caroline Ellison‘s role in the FTX collapse has drawn significant attention as the scandal continues to unfold. As the former CEO of Alameda Research, Ellison’s actions have sparked debates about her ...
Forbes

FTX Owned Anthropic, Solana And SpaceX, Then Had To Sell Too Soon

Forbes contributors publish independent expert analyses and insights. Founder & Advisor on Emerging Tech. Covering VC. ATLANTA, GEORGIA - NOVEMBER 10: In this photo illustration, the FTX logo is seen ...
Ars Technica

Caroline Ellison gets 2 years for covering up Sam Bankman-Fried’s FTX fraud

Caroline Ellison was sentenced Tuesday to 24 months for her role in covering up Sam Bankman-Fried’s rampant fraud at FTX—which caused billions in customer losses. Addressing the judge at sentencing, ...
CoinDesk

FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules

The FTX bankruptcy estate has been granted approval to sell its stake in artificial intelligence (AI) startup Anthropic, court filings from Thursday show. The motion to sell around 7.84% of Anthropic ...
FinanceFeeds

FTX is Paying Out $900 Million on July 31, and Some Creditors Get 120%

The FTX Recovery Trust begins its fifth distribution on July 31, pushing cumulative creditor recoveries past 100% ...
FinanceFeeds

FTX to Begin $900 Million Creditor Distribution on July 31

FTX begins its fifth creditor distribution on July 31, paying about $900M via BitGo, Kraken or Payoneer within 3 business ...
Reuters

In FTX litigation, feud escalates between bankruptcy and class action lawyers

June 24 (Reuters) - An increasingly nasty tussle is underway for control of billions of dollars in claims arising from the 2022 implosion of crypto exchange FTX. The dispute is pitting lawyers who are ...
Crowdfund Insider

Failed Crypto Exchange FTX’s Repayment Plan Is Now Effective

Failed crypto exchange FTX’s payment plan is now effective. As per the plan, certain FTX clients who may be claiming an amount less than $50,000 may expect to get their funds returned within the next ...
CNBC

FTX estate selling majority stake in AI startup Anthropic for $884 million, with bulk going to UAE

FTX, the crypto exchange founded by Sam Bankman-Fried, reached an agreement to sell the majority of its stake in artificial intelligence startup Anthropic for $884 million. The top buyer is a group ...
Reuters

Crypto exchange FTX to sell shares in AI startup Anthropic

NEW YORK, Feb 22 (Reuters) - Bankrupt crypto exchange FTX may sell its shares in artificial intelligence startup Anthropic, a U.S. judge ruled Thursday. U.S. Bankruptcy Judge John Dorsey in Wilmington ...
Wall Street Journal

FTX to Sell Two-Thirds of Anthropic Stake for $884 Million

Bankrupt cryptocurrency exchange FTX has struck $884 million in deals with two dozen buyers, including an Abu Dhabi investor, to sell most of its shares in Anthropic, an artificial-intelligence ...