In a Sunday filing with a Delaware court, FTX cites a 2021 transaction in which Binance, Zhao and others exited their investment in FTX, selling a 20% stake in the platform and a 18.4% stake in its ...

Can Sun, former general counsel of FTX, is spearheading the creation of a new exchange, Backpack, along with other ex-FTX executives. This development is especially noteworthy in the context of the ...

A company run by former New York Stock Exchange President Tom Farley is among three suitors vying to buy the remnants of FTX, as the auction for the collapsed cryptocurrency exchange founded by Sam ...

The industry continues to deal with the collapse of Sam Bankman-Fried’s FTX exchange. Hopefully, the long wait for FTX’s former crypto exchange users will soon come to an end. After two years of being ...

Sun's testimony against Sam Bankman-Fried highlighted mismanagement at FTX, leading to his cooperation with federal prosecutors. Trek Labs, valued over $100 million, plans to launch Backpack Exchange ...

NEW YORKNEW YORK — A federal judge on Tuesday sentenced former FTX executive Ryan Salame to more than seven years in prison, the first of the lieutenants of failed cryptocurrency mogul Sam ...

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 ...

A group of former FTX and Alameda Research employees have raised $17 million to build out a crypto exchange called Backpack, joining the ranks of startups seeking to fill a gap left by the collapse of ...

The digital assets industry has rebounded from the FTX collapse, transitioning from recovery to renewed growth and market expansion. Spot ETFs for Bitcoin and Ethereum have catalyzed broader ...