The Latest Breaking News from Crypto

The collapse of the FTX cryptocurrency exchange has had repercussions around the globe, with more than a million clients losing money overnight. In France, some 50,000 to 60,000 people were affected. As they look for legal solutions to get their money back, will the victims continue to invest in cryptocurrency?

The judge overseeing the bankruptcy of FTX Group refused to replace the law firm handling the failed crypto company’s Chapter 11 case, concluding that last-minute attacks on the lawyers were mere “rumors.”

Firm is latest casualty in sector as cryptocurrencies contagion spreads after FTX collapse

The firm formed part of the empire of billionaire Barry Silbert

Cryptocurrency lender’s bankruptcy is the latest blow to the sector following the arrest of Sam Bankman-Fried.

CEO John Ray has set up a task force to explore restarting FTX.com, its main international exchange, WSJ reports.

“I think all that's been a waste of time and why you guys waste any breath on it is totally beyond me,” Dimon told CNBC on Thursday. “Bitcoin itself is a hyped up fraud. It’s a pet rock.”

Department of Justice officials say they will reveal the news at 12pm in Washington DC

Making money out of failure is morally bankrupt