The centralized crypto exchange Backpack announced on January 7 that it had successfully acquired the European branch of the defunct FTX, FTX EU. The exchange confirmed that FTX EU, which will become ...

As part of the acquisition, Backpack EU will be responsible for distributing court-approved bankruptcy claims to FTX EU customers. Backpack, a centralized cryptocurrency exchange (CEX) founded by ...

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 ...

Some customers of the failed cryptocurrency exchange FTX could receive the full value of the money they lost if a court approves the company's bankruptcy plan. However, they will not see the gains on ...

At least two unnamed companies have been taken in by an alleged shapeshifting fraudster selling millions of dollars in fake FTX liquidation claims by apparently using artificial intelligence to help ...

NEW YORK (AP) — Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. The world's ...

Backpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022. But the road wasn’t easy. FTX co-led Backpack’s $20 million strategic ...

Andrew Urquhart owns some cryptocurrencies. Lambis Dionysopoulos owns some cryptocurrencies. Collapsed cryptocurrency exchange FTX recently announced that the majority of creditors who lost money in ...

The FTX Recovery Trust has sued the Bitcoin miner Genesis Digital Assets to recover $1.15 billion that it claims the bankrupt crypto exchange's co-founder, Sam Bankman-Fried "SBF," had fraudulently ...

U.S. District Judge K. Michael Moore ruled Wednesday that a multidistrict litigation case in the Southern District of Florida, which accuses big-name celebrities and YouTube stars of helping to sell ...

In a major legal shift tied to the collapse of the cryptocurrency exchange FTX, users of the failed platform and Silicon Valley law firm Fenwick & West LLP have agreed to a proposed settlement in a ...

A new type of crypto exchange called Rails is launching in the U.S. this week. Backed by $20 million in funding, including $14 million in new token warrants, Rails wants to stand out in a crowded ...