FTX


Finance

FTX Sues Bybit to Claw Back $953M in 'Misappropriated Funds'

The FTX estate says the funds were "preferentially" or "fraudulently" transferred to Bybit and affiliates in the lead up to its November 2022, bankruptcy filing.

(QuinceCreative/Pixabay)

Videos

How Does a Tax Deduction Work if an Exchange Enters Bankruptcy?

As part of CoinDesk's Tax Week 2023, Miles Fuller, Head of Government Solutions at TaxBit, joins "First Mover" to explain how FTX founder Sam Bankman-Fried's guilty verdict could give some clarity for FTX customers waiting to figure out where they stand in the company's bankruptcy proceedings and the tax treatment of any losses incurred. "The taxpayer needs to be able to show that they lost their money due to theft," Fuller said. The conviction of Bankman-Fried is going to give the customers "the ammunition they need."

Recent Videos

Videos

Tax Implications Following Sam Bankman-Fried's Conviction

As part of CoinDesk's Tax Week 2023, TaxBit Head of Government Solutions Miles Fuller discusses how the end of FTX founder Sam Bankman-Fried's trial could provide some clarity for FTX customers as to how the company’s bankruptcy might affect their taxes. However, how the IRS might act in the context of illegal activity remains unclear.

Recent Videos

Opinion

Ми вже бачили колапс FTX

Є величезна схожість між банкрутствами FTX і MF Global — і ONE велика відмінність.

Jon Corzine and Sam Bankman-Fried were both politically-connected business leads who lost over $1 billion in customer funds, though their different outcomes shows that regulation does not always achieve what is promised. (Wikimedia Commons/CoinDesk)

Opinion

Nous avons déjà vu l’effondrement de FTX

Il existe d’énormes similitudes entre les faillites de FTX et de MF Global – et une grande différence.

Jon Corzine and Sam Bankman-Fried were both politically-connected business leads who lost over $1 billion in customer funds, though their different outcomes shows that regulation does not always achieve what is promised. (Wikimedia Commons/CoinDesk)

Opinion

We've Seen the FTX Collapse Before

There are overwhelming similarities between the FTX and MF Global bankruptcies — and one big difference.

Jon Corzine and Sam Bankman-Fried were both politically-connected business leads who lost over $1 billion in customer funds, though their different outcomes shows that regulation does not always achieve what is promised. (Wikimedia Commons/CoinDesk)

Opinion

Abbiamo già visto il collasso di FTX

Ci sono enormi somiglianze tra i fallimenti di FTX e MF Global – e ONE grande differenza.

Jon Corzine and Sam Bankman-Fried were both politically-connected business leads who lost over $1 billion in customer funds, though their different outcomes shows that regulation does not always achieve what is promised. (Wikimedia Commons/CoinDesk)

Opinion

Мы уже видели крах FTX раньше

Между банкротствами FTX и MF Global есть огромное сходство – и ONE большое различие.

Jon Corzine and Sam Bankman-Fried were both politically-connected business leads who lost over $1 billion in customer funds, though their different outcomes shows that regulation does not always achieve what is promised. (Wikimedia Commons/CoinDesk)

Opinion

Já vimos o colapso do FTX antes

Existem semelhanças esmagadoras entre as falências da FTX e da MF Global – e uma grande diferença.

Jon Corzine and Sam Bankman-Fried were both politically-connected business leads who lost over $1 billion in customer funds, though their different outcomes shows that regulation does not always achieve what is promised. (Wikimedia Commons/CoinDesk)

Opinion

Hemos visto el colapso de FTX antes

Existen abrumadoras similitudes entre las quiebras de FTX y MF Global, y una gran diferencia.

Jon Corzine and Sam Bankman-Fried were both politically-connected business leads who lost over $1 billion in customer funds, though their different outcomes shows that regulation does not always achieve what is promised. (Wikimedia Commons/CoinDesk)