FTX scandal
- Crypto Exchanges
Backpack Acquires FTX EU for $32.7 million Amid Ongoing Challenges
FTX’s European branch, once at the heart of a major cryptocurrency scandal in 2022, has now been acquired by Backpack,…
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FTX Executives Salame and Ellison See Reduced Prison Sentences
Ryan Salame and Caroline Ellison, former FTX executives, have seen reductions in their prison sentences after being convicted for their…
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Kraken and BitGo to Handle FTX Creditor Reimbursement Early 2025
Collapsed cryptocurrency exchange FTX has announced plans to start repaying creditors and customers in early 2025 as the company nears…
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FTX Customers Outraged Over Reimbursement Plan, Set to Receive Only 10-25% Back
FTX creditors are set to recover only a fraction of their cryptocurrency holdings, with estimates ranging from 10% to 25%,…
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Former FTX Executive Salame Pleads Guilty to Illegal Campaign Contributions
On Thursday, Ryan Salame, a former FTX executive of the now-defunct FTX cryptocurrency exchange, pleaded guilty to illegal campaign contributions…
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