The Latest Breaking News from FTX

The digital wallet that held cryptocurrencies seized from collapsed Alameda Research has converted its $ANT tokens into $ETH, two days shy of the deadline set by AragonDAO for token redemption.

An ex-FTX executive who testified against the cryptocurrency firm's founder at his trial last year has been spared a prison sentence

Former FTX executive Nishad Singh spared prison sentence for cooperating in fraud case. His testimony helped uncover crimes and led to charges against others.

The lack of distributions is leading to a rise in continuation funds in private equity

Former FTX Digital Markets CEO Ryan Salame, known for his role in the collapse of the cryptocurrency exchange, has ironically announced his new position as a prison inmate on LinkedIn after being sentenced to seven and a half years for illegal political contributions and financial misconduct.

The internet is having a field day as FTX's former top executive Ryan Salame announces his prison sentence on LinkedIn. The post Former CEO Makes A “Happy” LinkedIn Update: “I’m Starting A New Position As Inmate” first appeared on Bored Panda.

Unlike Sam Bankman-Fried’s other deputies, Salame did not cooperate with prosecutors.

Ryan Salame announced he was moving on from the fraudulent crypto exchange to his next challenge at a Maryland federal penitentiary.

A bankruptcy judge has approved FTX’s reorganization plan, which will give creditors 119% of the amount allowed on their claim.

FTX is now clear to begin implementing its bankruptcy plan, which includes the expected full repayment of customers and creditors with up to $16.5 billion in recovered assets.

The crypto community is preparing to receive Binance co-founder Changpeng Zhao back to the digital assets space as he is set to be released from prison on Sunday.