Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
Wang emphasized his minor role and collaboration with authorities in bid for non-custodial sentence.
Oluwapelumi Adejumo 2 min read 
FTX alleges Salame used misappropriated funds for lavish personal investments and political contributions.
Judge Kaplan acknowledged Singh's limited role in the FTX scandal and granted him a more lenient sentence.
FTX CEO John J. Ray argued that Nishad Singh's freedom is key to retrieving assets crucial for creditors amid FTX's collapse.
FTX said ever efforts to recover the funds from KuCoin was futile.
FTX and Bybit settlement resolves $327 million withdrawal dispute amid ongoing bankruptcy.
US prosecutors said Nishad Singh helped them to uncover FTX's hidden financial misconduct.
Singh is seeking clemency through demonstration of reform and proactive collaboration post-FTX collapse.
FTX said the settlement is beneficial and prevents the high cost of litigation.
