Crypto exchange Backpack has initiated the first phase of its claims process for former FTX EU users, following its ...

Backpack Exchange launched a claims process on April 1, 2025, to help former FTX EU clients recover their funds.

Cryptocurrency has long been associated with frauds and outright scams, dating back to at least the massive loss of Bitcoin ...

What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being ...

FTX will begin repaying major creditors $11.4 billion on May 30, 2025, based on 2022 cryptocurrency values despite current ...

FTX, the collapsed cryptocurrency exchange that shook the industry in late 2022, is set to begin repaying its creditors on ...

Imprisoned FTX founder Sam Bankman-Fried has been on the move. The former crypto executive was previously incarcerated in ...

Spread the love Introduction The fintech industry continues to evolve at a breakneck pace, reshaping the global financial ...

Sam Bankman-Fried moved to an Oklahoma transit facility after an unauthorized Tucker Carson interview. He maintains innocence ...

Bankman-Fried was previously in the Metropolitan Detention Center in New York, which also houses rapper Sean "Diddy" Combs, he told Tucker Carlson.

Having lost 80% of Backpack's funding in the FTX collapse, Armani Ferrante is determined never to follow in its footsteps. X ...