Sam Bankman-Fried found ways to control the prices of digital coins to benefit his companies, FTX and Alameda, according to cryptocurrency investors. Story Published at: January 18, 2023 at 06:33PM Continue Reading…
FTX Founder Gamed Markets, Crypto Rivals Say
Elon Musk’s Succession Plan Comes with Strings Attached
The Twitter owner has said he will resign as chief executive, but it’s far from certain whether he would actually step down as the boss. Story Published at: December 21, 2022 at 12:40PM Continue Reading…
FTX chief: Company Appeared to Use ‘Old-Fashioned Embezzlement’
The man charged with recovering customer funds from the collapsed crypto exchange described an ‘unprecedented’ lack of record keeping. Story Published at: December 13, 2022 at 07:55PM Continue Reading…
Transcript of Sam Bankman-Fried’s Interview at the DealBook Summit
In a discussion with Andrew Ross Sorkin of The New York Times, Sam Bankman-Fried blamed “huge management failures” and sloppy accounting for the collapse of the FTX cryptocurrency exchange. Story Published at: December 1, 2022 at 06:30AM Continue Reading…
‘No Cooperation’: How Sam Bankman-Fried Tried to Cling to FTX
Emails and text messages show how lawyers and executives struggled to persuade the 30-year-old entrepreneur to give up control of his collapsing crypto exchange. Story Published at: November 29, 2022 at 10:00AM Continue Reading…
Disney Brings Back Robert Iger After Ousting Chapek as C.E.O.
Mr. Iger is returning to the company he ran for 15 years after being succeeded by Robert Chapek in 2020. Story Published at: November 21, 2022 at 03:14AM Continue Reading…
Embattled Crypto Exchange FTX Files for Bankruptcy
The announcement capped a stunning week that has sent shock waves through the crypto industry. Story Published at: November 11, 2022 at 02:33PM Continue Reading…