Operating in shadows, he was a hero; in the light, he quickly became a villain. Story Published at: December 28, 2022 at 10:00AM Continue Reading…
Sam Bankman-Fried’s Power Was Contingent on Belief
Sam Bankman-Fried Said to Be in Talks With Prosecutors Over Bail Deal
Lawyers for the FTX founder are in talks about a deal that could allow him to be released on bail when he is extradited to the United States on fraud charges. Story Published at: December 21, 2022 at 02:07AM Continue Reading…
Wall Street Fears the Fed Could Cause ‘Some Damage’
The Federal Reserve’s commitment to vanquish inflation is continuing to add volatility to the stock market. Story Published at: December 15, 2022 at 12:57PM Continue Reading…
FTX Founder Sam Bankman-Fried Faces Market Manipulation Inquiry
Federal prosecutors are investigating whether Sam Bankman-Fried and his hedge fund orchestrated trades in a way that led to the collapse of two cryptocurrencies in May. Story Published at: December 8, 2022 at 12:24AM Continue Reading…
An Activist Investor Takes on BlackRock Over E.S.G.
A hedge fund sees BlackRock’s embrace of E.S.G. principles as a distraction, and it wants the money-management giant’s C.E.O., Laurence Fink, to step down. Story Published at: December 7, 2022 at 12:39PM Continue Reading…
Ordinary Investors Who Jumped Into Crypto Are Saying: Now What?
Many small investors who piled into cryptocurrencies on FTX, BlockFi and other platforms are recognizing the perils of investing in an unregulated industry. Story Published at: December 5, 2022 at 06:33PM Continue Reading…
The Crypto Industry Struggles for a Way Forward
The implosion of the exchange FTX shows how an industry built in the wake of the 2008 financial crisis has drifted far from its original ideals. Story Published at: December 5, 2022 at 10:00AM Continue Reading…
The Atlantic Divide
The rising cost of living can look very different depending on where you live. Story Published at: December 1, 2022 at 11:45AM 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…
Idle Crypto Is the Devil’s Workshop
Sam Bankman-Fried’s downfall is spectacular and interesting, but it’s really nothing new. Story Published at: November 27, 2022 at 02:30PM Continue Reading…