Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Sam Bankman-Fried was once called the “crypto king.” But in November 2022, his ...

It has been nearly three years since the shocking collapse of FTX, and the pain of that chapter 11 bankruptcy still lingers across the crypto world. After endless hearings, lawsuits, and delays, ...

The FTX Bankruptcy Trust filed a $1.15 billion lawsuit against Bitcoin mining firm Genesis Digital Assets. The FTX Bankruptcy Trust has filed a $1.15 billion lawsuit against Bitcoin mining firm ...

Plaintiffs’ focus has narrowed to one law firm that they allege enabled FTX’s rise and concealed its faults. A motion to dismiss and a request for leave to amend the complaint are now before U.S.

The motion follows a May order that narrowed the claims brought by the plaintiff class members. Motion argues no direct link between celebrity promotions and specific investor decisions. Defendants ...

Shaquille O'Neal will be paying seven figures to settle the class-action lawsuit against FTX that also named other high-profile athletes. O'Neal will pay $1.8 million after he was accused of touting ...

The collapse of FTX still resonates in the court system, with civil claims pending against former NFL quarterback, Fox lead NFL broadcaster, and minority Raiders owner Tom Brady. Despite scoring a ...

NBA legend Shaquille O’Neal has agreed to pay $1.8 million to settle a class action lawsuit over his promotion of the now-defunct crypto exchange FTX. The proposed settlement agreement would resolve ...

What just happened? Shaquille O'Neal's long-running legal issues over his promotion of the now-bankrupt crypto exchange FTX appear to have ended. The former NBA star has agreed to pay $1.8 million to ...

NBA Hall of Famer Shaq is settling a class action lawsuit brought by FTX investors who claim they were misled. NBA Hall of Famer (and prolific franchise owner) Shaquille O’Neal will pay $1.8 million ...

FTX's creditors will receive a share of their lost funds starting May 30, 2025. BitGo and Kraken — two of the approved distribution agents—are emailing clients to confirm that funds transferred from ...

FTX will begin repaying approved creditors more than $5 billion in second distribution on May 30, 2025 through Bitgo or Kraken. FTX Recovery Trust announced that they will begin distributions of more ...