2024-3-21 02:13 |
John J. Ray III Fires Back Against SBF’s ‘Delusional’ Claims Customers Lost No Money in FTX Collapse
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FTX CEO John Ray III has debunked Sam Bankman-Fried’s (SBF) claims about the level of losses suffered by users of the defunct exchange. In a March 20 letter to Judge Kaplan, Ray said Bankman-Fried’s statements were “categorically, callously, and demonstrably false” because the exchange users would “never be in the same position they would have […] The post John Ray exposes ‘vast’ harm to FTX customers, counters SBF’s solvency claims appeared first on CryptoSlate.
2024-3-21 14:22 | |
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Collapsed crypto exchange FTX has been cleared to sell its stake in Anthropic which has more than doubled in value since the exchange’s investment. United States federal bankruptcy judge John Dorsey approved FTX’s motion to sell its shares in artificial…
2024-2-24 11:54 | |
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To recover assets and funds, bankrupt cryptocurrency exchange FTX, under the guidance of appointed CEO John Ray III, has filed a new request with the US bankruptcy court of Delaware. The filing seeks approval for the sale of trust assets held by digital asset manager Grayscale and crypto index fund manager Bitwise, estimated to be […]
2023-11-7 01:00 | |
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Multiple FBI offices have received data on FTX customer accounts from Alvarez & Marsal, a law firm advising the now-defunct crypto exchange under bankruptcy administrators led by litigation veteran John Ray III.
2023-11-4 20:56 | |
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Crypto lawyer John E. Deaton opined that Sam Bankman-Fried is most likely to spend multiple decades in prison after a 12-person jury unanimously found FTX’s founder guilty on all seven counts.
2023-11-3 18:55 | |
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Bankrupt crypto exchange FTX, led by newly appointed CEO John Ray III, has embarked on an intensive legal campaign to regain control and recover assets in its pursuit of financial restitution. As founder Sam Bankman-Fried awaits possible conviction and faces a staggering 114 years in prison if found guilty, FTX’s asset recovery plan continues under Ray’s leadership.
2023-10-26 22:00 | |
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Former SEC chief of Office of Internet Enforcement John Reed Stark believes a federal court could ultimately convict the FTX founder of several criminal charges, including fraud, due to three factors.
2023-10-3 10:34 | |
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Stark, who worked as an attorney in the SEC Division of Enforcement, chimed in on the upcoming Sam Bankman-Fried trial, wondering why the former FTX CEO's parents were not listed as defendants.
2023-9-25 22:37 | |
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In a battle to recover billions of dollars following the collapse of FTX, Chief Executive and Restructuring Officer John J. Ray III, is intensifying efforts just weeks before FTX founder Sam Bankman-Fried faces trial in what has been labeled one of the largest financial frauds in American history.
2023-9-23 04:00 | |
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FTX intensified its asset recovery operations under legal scrutiny as founder Sam Bankman-Fried prepares for his October trial in October. Spearheaded by FTX Chief Executive and Restructuring Officer John J.
2023-9-23 00:05 | |
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In a significant development for the cryptocurrency market, the bankrupt exchange FTX has received court approval to liquidate its crypto assets worth over $3. 4 billion. The decision, delivered by Judge John Dorsey, overruled objections and permitted FTX to proceed with selling, staking, and hedging its holdings.
2023-9-14 06:30 | |
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FTX Trading Ltd has filed an agenda for the next bankruptcy hearing on Aug. 23 before Judge John T. Dorsey of the U. S. Bankruptcy Court for the District of Delaware. Thursday, Aug. 23, FTX bankruptcy hearing.
2023-8-22 11:09 | |
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Judge John Dorsey from the U. S. Bankruptcy Court has sanctioned Terraform Labs’ request to subpoena vital documents, potentially aiding its defense against fraud charges made by the SEC in the ongoing FTX bankruptcy case.
2023-8-2 19:30 | |
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FTX and its CEO, John J. Ray III, have sued Sam Bankman-Fried and several former high-ranking executives as a way to recover millions of dollars and undo questionable transactions exceeding...
2023-7-24 11:19 | |
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In a fiery debate, billionaire entrepreneur Mark Cuban and former securities official John Reed Stark sparred over the collapse of FTX and the subsequent accountability of regulators in the cryptocurrency industry.
2023-7-5 13:10 | |
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Mark Cuban thinks the SEC could have saved U.S. customers from FTX had it adopted Japan’s approach to crypto regulation, but John Reed Stark disagrees.
2023-7-5 06:28 | |
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The FTX token has jumped to a new multi-month high after John Ray, the new chief executive of FTX, said he’s open to the idea of a fresh reboot for the failed crypto exchange. FTT, which has reacted higher multiple times this year on news of an FTX restart, the so-called FTX 2.
2023-6-29 11:58 | |
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Bankrupt cryptocurrency exchange FTX has begun talks to relaunch its international arm, according to a Wall Street Journal (WSJ) report on Wednesday. The report stated that the exchange’s Chief Executive Officer, John J.
2023-6-29 02:00 | |
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According to the Wall Street Journal, bankrupt FTX is actively working on resurrecting its main international cryptocurrency exchange, as confirmed by CEO John Ray III.
2023-6-28 18:48 | |
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Investors eager to help FTX reboot its global exchange must register their initial interest this week, the Wall Street Journal reported on June 28, citing sources familiar with the matter. FTX CEO John J.
2023-6-28 15:01 | |
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Thousands in grants were given out by former FTX executives for niche projects, according to a report by FTX restructuring chief John Ray.
2023-6-27 09:10 | |
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Commingling and misuse of customer and corporate funds occurred from the inception of FTX, says current CEO John J. Ray III.
2023-6-27 20:40 | |
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In a Delaware court, Judge John Dorsey has ruled that ordinary FTX customers, who were at risk of having their names disclosed, can remain anonymous for the foreseeable future. How significant is the ruling? The post Will FTX Bankruptcy Judge’s Ruling Set a Precedent for Customer Anonymity in Crypto Insolvencies? appeared first on BeInCrypto.
2023-6-13 00:00 | |
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2023-5-23 17:51 | |
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Bankrupt FTX’s native token FTT surged more than 10% after court filings showed CEO John J. Ray III has considered a restart plan for the failed exchange. FTX restart According to a May 22 court filing, Ray’s billing report for April highlighted several activities he performed toward a possible restart of the platform.
2023-5-23 17:49 | |
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FTX has made headlines again as FTX 2.0 plans with CEO John Ray III at the helm made rounds. The news drove FTT 8% up as the FTX cryptocurrency exchange is poised for a revival.
2023-5-23 12:49 | |
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John Ray III billed just over 6.5 hours in his last cycle reviewing and working on what appears to be FTX 2.0 materials
2023-5-23 08:02 | |
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In February, FTX's bankruptcy proceedings totaled 32. 5 million. This excluded current CEO John J. Ray III's $305,000 payment. According to court filings between 4 - 10 April, during the moThe post FTX paid $32.
2023-4-11 15:30 | |
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FTX Japan CEO John J. Ray III has spoken with officials in Japan, possibly about preparing to reopen after the auction extension. The post FTX Japan Could ‘Reopen’ Exchange As Auction Deadline Looms appeared first on BeInCrypto.
2023-4-11 09:30 | |
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FTX, the bankrupt cryptocurrency exchange, allegedly stored the private keys to its cryptocurrency wallets on Amazon Web Services (AWS). The information was revealed in the first interim report of the current CEO, John J.
2023-4-10 13:45 | |
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When the new boss of FTX, John J. Ray III, told The Wall Street Journal in January that he was thinking of rebooting the disgraced cryptocurrency exchange, the comment made a splash in the industry.
2023-3-24 21:20 | |
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FTX filed for Chapter 11 bankruptcy in November 2022 and shortly after the new CEO John J. Ray III described the exchange’s collapse as a “complete failure of corporate controls and a complete absence of trustworthy financial information.
2023-3-18 14:16 | |
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New FTX CEO John Ray III had a profitable February, with a payday of $305,000 according to new documents released to the public.
2023-3-7 21:53 | |
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U.S Judge John Dorsey ordered that FTX's new leadership and its official creditor committee can subpoena the company's founders and former executives, including Sam Bankman-Fried, Gary Wang, Caroline Ellison, Nishad Singh and Bankman-Fried's family.
2023-2-9 19:36 | |
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The U.S. Department of Justice (DoJ) has called for U.S. Bankruptcy Judge John Dorsey to appoint a separate, independent third-party examiner to investigate FTX’s bankruptcy further.
2023-2-7 21:31 | |
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John Ray said when he took control of FTX in November 2022, there was a “massive scramble for information” related to the exchange’s funds, insurance and personnel.
2023-2-7 20:44 | |
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John J. Ray III has been leading FTX's bankruptcy case following the departure of Sam Bankman-Fried.
2023-2-7 20:07 | |
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On Jan. 28, 2023, John J. Ray III, the current FTX CEO, who led the investigations team, revealed the SBF's family involvement with the FTX bankruptcy case.
2023-2-1 21:26 | |
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FTX under John Ray is seeking court approval to subpoena Sam Bankman-Frieds immediate family, Joseph Bankman, Barbara Fried, and Gabriel Bankman-Fried, as well as the exchanges former executives. A List...
2023-1-28 19:23 | |
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The biggest news in the cryptoverse for January 19 saw FTX CEO John Ray II suggest that the failed exchange could be revived. The post CryptoSlate Wrapped Daily: FTX could be revived; Binance received funds from Bitzlato appeared first on CryptoSlate.
2023-1-20 00:50 | |
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New Chief Executive Officer of bankrupt crypto exchange FTX, John Ray has brought up the idea of reviving the exchange since his takeover in November.
2023-1-20 23:35 | |
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According to a report from The Wall Street Journal, the new CEO and chief of the bankruptcy proceedings for FTX, John Ray, is thinking about relaunching the platform. The executive is exploring options to re-launch the trading venue and raise money to repay its customers.
2023-1-20 19:44 | |
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New FTX CEO John J. Ray III has stated that there could be a possibility of the bankruptcy exchange reopening. The post Could FTX Rise From the Grave? The New FTX CEO Believes So appeared first on BeInCrypto.
2023-1-19 19:07 | |
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FTX news CEO is exploring the possibility of restarting FTX International The CEO stated that they are looking if rebooting the exchange would bring more value FTX CEO - John J. Ray III statThe post Breaking: FTX CEO is considering restarting crypto exchange appeared first on AMBCrypto.
2023-1-19 19:06 | |
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John J. Ray III made the comment in his first interview since taking over FTX in November.
2023-1-20 19:03 | |
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Judge John Dorsey has allowed the sale of four necessary units of failed crypto exchange FTX, as stated in a petition in the Delaware Bankruptcy Court. LedgerX, a derivatives trading platform, and Embed, a stock trading platform with regional branches, are among the assets.
2023-1-14 19:17 | |
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A Delaware bankruptcy Judge, John Dorsey, has allowed FTX to sell four business units. The sale includes LedgerX and three other business units as the company seeks to reimburse its creditors. In a ruling made on Jan. 13, the judge…
2023-1-13 16:50 | |
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Under John Ray, FTX has located over $5 billion of company-related liquid assetsincluding cash, liquid cryptocurrencies, and liquid stocks. Locating the Funds The new management team at FTX has been...
2023-1-11 18:39 | |
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Judge John Dorsey didn't seem impressed by the bipartisan communication from Elizabeth Warren, Cynthia Lummis and two other senators.
2023-1-11 17:27 | |
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Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening.
AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto exchange FTX, CNBC reported on March 22, citing people familiar with the matter.
London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims skyrocketed.
Gemini told the New York Department of Financial Services it would return at least $1.1 billion to its Earn customers after Genesis Global Capital wraps up its bankruptcy process, according to NYDFS.
Defunct crypto exchange FTX has secured court approval to sell its stake in artificial intelligence (AI) startup Anthropic Holdings, potentially adding over $1 billion to its assets earmarked for repaying creditors.
Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG's array of digital assets businesses.