"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information," said new FTX CEO John Ray. FTX's new CEO ...

Cursor's parent company, Anysphere, reached a remarkable $9 billion valuation after securing a $900 million funding round.

FTX's previously undervalued stake in Anysphere, a hot Silicon Valley AI startup, is now worth $500M after it raised $900M ...

Retired NBA legend Shaquille O’Neal has reached a settlement in a lawsuit that allegedly had him on the run. The class action ...

FTX’s recovery trust filed a pair of lawsuits against NFT Stars and Delysium, claiming they withheld tokens owed to the ...

While FTX earns only a modest return on its cash, legitimate creditors are entitled to 9% interest annually on unpaid claims. The longer it takes to pay, the more the company could owe.