Even the collapse of FTX probably won’t kill the archetype. Story Published at: November 15, 2022 at 10:00AM Continue Reading…
Sam Bankman-Fried and Our Enduring Faith in the Tech Whiz Kid
Your Tuesday Briefing
Dozens of young people have died in a lethal crackdown by the authorities in Iran. Story Published at: November 15, 2022 at 05:04AM Continue Reading…
Your Monday Evening Briefing
Here’s what you need to know at the end of the day. Story Published at: November 14, 2022 at 10:55PM Continue Reading…
How Sam Bankman-Fried’s Crypto Empire Collapsed
Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds. Story Published at: November 14, 2022 at 10:06PM Continue Reading…
Who Bears Blame for FTX’s Failure?
With the collapse of the giant cryptocurrency exchange, investors are asking whether regulators or the venture capitalists who funded FTX, are at fault. Story Published at: November 14, 2022 at 12:57PM Continue Reading…
The Week in Business: Mass Layoffs at Meta
Inflation showed signs of easing, cheering investors who hope the Fed will slow its aggressive rate increases. And one of the biggest crypto exchanges collapsed. Story Published at: November 13, 2022 at 12:00PM Continue Reading…
FTX Investigating Possible Hack Hours After Bankruptcy Filing
Researchers document $473 million in suspicious transfers from the cryptocurrency exchange. Story Published at: November 12, 2022 at 02:31PM Continue Reading…
FTX’s founder was called a modern-day J.P. Morgan. The analogy still works.
Though one of them failed and the other died rich, both of their careers make the case for central banks. Story Published at: November 12, 2022 at 01:00PM Continue Reading…
Your Friday Evening Briefing
Here’s what you need to know at the end of the day. Story Published at: November 11, 2022 at 10:50PM Continue Reading…
Investors Who Put $2 Billion Into FTX Face Scrutiny, Too
Venture capital firms and investment funds showered the failed crypto exchange and its founder with money. There were few strings attached. Story Published at: November 11, 2022 at 07:39PM Continue Reading…