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The lawsuit relates to Binance's sale of its stake in Sam Bankman-Fried's FTX.

FTX sues Binance and its former CEO for $1.8bn

Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion was "fraudulently transferred" by FTX management to Binance and its executives.

Business • 11 Nov 24

The stunning rise of Sam Bankman-Fried and his FTX platform would be matched by an equally spectacular fall.

Sam Bankman-Fried, the fallen wonderboy of crypto

He was the face of cryptocurrency, and a young one at that - a media darling seemingly destined to unite the sector.

Business • 28 Mar 24

Bankman-Fried has acknowledged making mistakes running FTX and Alameda, but has said he never knowingly committed fraud.

Sam Bankman-Fried will testify at criminal trial

Sam Bankman-Fried plans to testify in his own defense at his criminal fraud trial, after his closest associates blamed the former billionaire for the collapse last November of his now-bankrupt FTX cryptocurrency exchange.

Business • 27 Oct 23

Bankman-Fried's former colleague takes stand at trial

Sam Bankman-Fried's former colleague and fellow political donor Nishad Singh took the witness stand on Monday at the 31-year-old former billionaire's fraud trial, becoming the third former member of his inner circle to testify against him.

Business • 16 Oct 23

Ellison resumes testimony in Bankman-Fried's trial

Caroline Ellison, the former co-head of Sam Bankman-Fried's hedge fund and a pivotal witness in his trial on fraud charges tied to the collapse of his FTX cryptocurrency exchange, resumed testifying today.

Business • 11 Oct 23

Today is the fifth day of the former crypto mogul's trial on charges of stealing billions of dollars in FTX customer deposits

Ellison says she committed fraud with Bankman-Fried

Caroline Ellison, the former chief executive officer of Sam Bankman-Fried's hedge fund Alameda Research, testified today that she committed fraud together with the former crypto mogul.

Business • 10 Oct 23

FTX founder and former-CEO Sam Bankman-Fried is accused of embezzling $10 billion from unsuspecting customers.

FTX customers still grappling with platform's collapse

For Lee Rees, 43, FTX was one of a handful of exchanges on which the London-based cryptocurrency trader earned a good living, profiting off fleeting price differences across the crypto market.

Business • 05 Oct 23

Sam Bankman-Fried took over $10bn from FTX customers

Sam Bankman-Fried took more than $10 billion from unsuspecting customers of his now-bankrupt FTX cryptocurrency exchange, a US prosecutor said today in opening statements at the 31-year-old former billionaire's fraud trial.

Business • 04 Oct 23

Fraud trial of FTX's Bankman-Fried gets under way

Sam Bankman-Fried's fraud trial got under way with jury selection today, nearly a year after his now-bankrupt cryptocurrency exchange's collapse shocked markets and tattered his reputation.

Business • 03 Oct 23

Bankman-Fried appeals judge's decision to jail him

Sam Bankman-Fried has appealed a decision to jail him ahead of his October 3 trial over the collapse of his FTX cryptocurrency exchange, arguing he was being punished for exercising his First Amendment right to free speech.

Business • 28 Aug 23

Sam Bankman-Fried due back in Manhattan courtroom

FTX's Bankman-Fried headed for jail as bail revoked

A US judge has revoked Sam Bankman-Fried's bail, after finding probable cause that the indicted founder of the bankrupt FTX cryptocurrency exchange tampered with witnesses at least twice.

Business • 11 Aug 23

Sam Bankman-Fried, the founder and former CEO of FTX, has been accused of stealing billions of dollars from the exchange's customers

New FTX chief says the crypto exchange could restart

Bankrupt crypto exchange FTX is looking into the possibility of reviving its business, Chief Executive Officer John Ray told the Wall Street Journal today.

Business • 19 Jan 23

US prosecutors have accused Sam Bankman-Fried of orchestrating an "epic" fraud

Collapsed crypto giant recovers over $5bn of assets

Collapsed cryptocurrency exchange FTX has recovered more than $5 billion in liquid assets but the extent of customer losses in the collapse of the company founded by Sam Bankman-Fried is still unknown, an attorney for the company told a US bankruptcy court.

Business • 12 Jan 23

Sam Bankman-Fried arrives at the Manhattan federal court in New York

Bankman-Fried pleads not guilty in FTX fraud case

Sam Bankman-Fried has pleaded not guilty to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange.

Business • 03 Jan 23

Liquidators of FTX's Bahamian business will ask US Bankruptcy Judge John Dorsey to give them access to the US unit's Slack, Google and Amazon Web Services accounts and data.

FTX fights Bahamas demand for data access

Lawyers for the bankrupt crypto exchange FTX will square off in court today to fight a demand for internal records from an insolvent affiliate based in the Bahamas as the two wrestle over scraps of the once high-flying business.

Business • 14 Dec 22

Former FTX CEO Sam Bankman-Fried was arrested after Bahamas police received formal notification from the US of criminal charges against him

Former FTX CEO Bankman-Fried charged with fraud

US prosecutors have accused Sam Bankman-Fried, the founder and former CEO of crypto currency exchange FTX, of fraud and violating campaign finance laws, saying the investigation is ongoing and "moving very quickly".

Business • 13 Dec 22

Sam Bankman-Fried said he was sorry for the collapse of the FTX cryptocurrency firm

Former crypto chief did not 'try to commit fraud'

Former FTX Chief Executive Sam Bankman-Fried has apologised for a "lot of mistakes" in the abrupt collapse of the cryptocurrency firm and said he did not knowingly behave fraudulently.

World • 01 Dec 22

The crash in bitcoin led to a "crypto winter", which saw the collapse of crypto exchange FTX

EU urges rapid completion of bloc's crypto rules

The "questionable practices" at now collapsed crypto exchange FTX would not have been allowed to happen under European Union rules that need to be finalised urgently, a senior European Commission official said today.

Business • 30 Nov 22

New Jersey-based BlockFi became the first direct casualty of crypto exchange FTX's collapse earlier this month.

BlockFi makes first appearance in bankruptcy court

US cryptocurrency lender BlockFi will today make its first appearance in US bankruptcy court after filing for Chapter 11 protection on Monday.

Business • 29 Nov 22

The dollar retreated today after rallying yesterday when investors rushed to the safe-haven currency on worries about China's Covid flare-ups

Dollar cedes some ground as bitcoin hunkers down

The dollar retreated today after rallying the previous day when investors rushed to the safe-haven currency on worries about China's Covid flare-ups, while fears of fresh contagion from the collapse of crypto exchange FTX pressured bitcoin.

Business • 22 Nov 22

FTX filed for bankruptcy earlier this month after a rush of customer withdrawals

FTX, CEO's parents bought Bahamas property worth $121m

The recent collapse of the cryptocurrency exchange FTX has sparked renewed calls for regulation of the sector.

Business • 22 Nov 22

FTX, which has filed for US bankruptcy court protection, owes its 50 biggest creditors nearly $3.1 billion

FTX collapse shows need to regulate crypto - BoE

The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said today.

Business • 21 Nov 22

FTX's 'severe liquidity crisis' outlined in filings

Collapsed-crypto exchange FTX outlined a "severe liquidity crisis" in US bankruptcy filings, which said the group could have more than 1 million creditors.

Business • 15 Nov 22

Cryptocurrencies remain under pressure after the collapse of FTX

As regulators scrutinise FTX, focus moves to Crypto.com

The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure today, with market participants worrying about heavy withdrawals at Singapore-based exchange Crypto.com.

Business • 14 Nov 22

FTX, which was founded in 2019, is on the brink of collapse

The rise and fall of crypto exchange FTX

Cryptocurrency exchange FTX stood on the brink of failure today after a bailout from larger rival Binance collapsed and the chances of other rescue funding looked slim.

Business • 11 Nov 22