A statement by the government of the Bahamas said Mr. Bankman-Fried was arrested after prosecutors in the United States filed criminal charges. Story Published at: December 12, 2022 at 11:51PM Continue Reading…
FTX’s Sam Bankman-Fried Is Arrested in the Bahamas
Elon Musk’s Latest Jab from the Right
The Twitter owner has taken shots at targets like Dr. Anthony Fauci, the nation’s chief immunologist, in moves that may appeal to the right, but not advertisers. Story Published at: December 12, 2022 at 12:53PM Continue Reading…
The Week in Business: Labor Actions Sweep Britain
The national average gasoline price has fallen to where it was a year ago. China’s economy is not expected to bounce back quickly, as it rolls back “zero Covid” policies. And the Fed meets. Story Published at: December 11, 2022 at 12:00PM Continue Reading…
Effective Altruism Warned of Risks. Did It Also Incentivize Them?
The movement’s leading intellectuals told us to fear killer robots. They didn’t think to mention the crypto billionaire next door. Story Published at: December 9, 2022 at 10:00AM Continue Reading…
Effective Altruism Warned of Risks. Did It Also Incentivize Them?
The movement’s leading intellectuals told us to fear killer robots. They didn’t think to mention the crypto billionaire next door. Story Published at: December 9, 2022 at 10:00AM Continue Reading…
Inside the Frantic Texts Exchanged by Crypto Executives as FTX Collapsed
A group chat including crypto leaders shows Binance’s Changpeng Zhao accusing FTX’s Sam Bankman-Fried of orchestrating trades to destabilize the industry. Story Published at: December 9, 2022 at 06:04AM Continue Reading…
The Legal Heat Grows for Bankman-Fried
A federal investigation into whether the FTX founder’s trading firm illicitly manipulated the markets for two crypto tokens compounds his troubles. Story Published at: December 8, 2022 at 01:18PM 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…