Sam Bankman-Fried: crypto rock star facing life in jail
Sam Bankman-Fried has had a dizzying fall from top of the heap in the world of cryptocurrencies to staring down a hefty jail sentence on a raft of fraud charges.
Dec 13, 2022
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Business
Page 2 - News tagged with bankruptcy protection
Business
Ex-FTX CEO says he didn't 'knowingly' misuse clients' funds
The former CEO of the failed cryptocurrency exchange FTX said Wednesday that he did not "knowingly" misuse customers' funds, and said he believes his millions of angry customers will eventually be made whole.
Dec 1, 2022
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Business
BlockFi files for bankruptcy, latest crypto company to fail
Cryptocurrency lender BlockFi filed for Chapter 11 bankruptcy protection Monday, the latest casualty of the collapse of crypto exchange FTX.
Nov 28, 2022
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Consumer & Gadgets
Crypto executives need to grow up or go the way of FTX, Riot Blockchain leader says
The highly publicized collapse of the crypto platform FTX is a wake-up call for crypto executives to act more professionally, one of crypto's most prominent North Texas leaders says.
Nov 23, 2022
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Business
House panel to hold hearing on crypto exchange FTX collapse
Lawmakers plan to investigate the failure of FTX, the large crypto exchange that collapsed last week and filed for bankruptcy protection, leaving investors and customers staring at losses that could total in the billions ...
Nov 16, 2022
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Business
Explainer: What's happening at bankrupt crypto exchange FTX?
The imploding cryptocurrency trading firm FTX is now short billions of dollars after experiencing the crypto equivalent of a bank run.
Nov 14, 2022
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Business
Japan's Toshiba boosts profit on devices, auto sector demand
Toshiba reported a 44% improvement in profit in the last quarter as the Japanese technology giant worked to revamp its brand image and reassure investors about its management.
Aug 10, 2022
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Business
Hertz proposes sale to investors to exit bankruptcy
American rental car company Hertz on Tuesday proposed exiting bankruptcy by selling shares to two investments firms in a deal valued at up to $4.2 billion.
Mar 2, 2021
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Business
Norwegian Air to end long-haul flights, focus on Europe
Low-cost carrier Norwegian Air Shuttle said Thursday it will focus on European destinations and close its long-haul operations as it struggles with the fallout of the coronavirus pandemic and debt restructuring.
Jan 14, 2021
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Business
Norwegian Air secures bankruptcy protection in Norway
Embattled low-cost carrier Norwegian Air Shuttle said Tuesday it had secured bankruptcy protection in Norway, after recently receiving a similar shield in Ireland.
Dec 8, 2020
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