May 6, 2025

Sam Bankman-Fried’s Bankrupt FTX Crypto Exchange Is Cleared to Repay Customers

1 min read

Cryptocurrency firm FTX won court approval to fully repay customers whose digital assets were locked on the platform when it imploded nearly two years ago, an unusual result that could net shareholders in Sam Bankman-Fried’s fraud-tainted exchange a slice of $1 billion in seized assets.

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