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…
‘No Cooperation’: How Sam Bankman-Fried Tried to Cling to FTX
Crypto Lender BlockFi Files for Bankruptcy as FTX Fallout Spreads
BlockFi was financially entangled with FTX, and its stability was thrust into uncertainty after FTX collapsed. Story Published at: November 28, 2022 at 03:23PM Continue Reading…
She Was a Little-Known Crypto Trader. Then FTX Collapsed.
Caroline Ellison, who ran the cryptocurrency trading firm Alameda Research, has found herself at the center of Sam Bankman-Fried’s collapsed crypto empire. Story Published at: November 23, 2022 at 07:23PM Continue Reading…
Genesis, the Troubled Crypto Lender, Hires a Restructuring Adviser
The firm has been under pressure from its creditors since the crypto exchange F.T.X. began to unravel this month. Story Published at: November 22, 2022 at 07:33PM Continue Reading…
Inside Sam Bankman-Fried’s Quest to Win Friends and Influence People
In just three years, the FTX co-founder built a massive operation to woo politicians, regulators and nonprofits to support his crypto goals. Story Published at: November 22, 2022 at 07:32PM Continue Reading…
FTX Assets Still Missing as Firm Begins Bankruptcy Process
A substantial amount of the company’s assets are missing, an FTX lawyer told a bankruptcy judge on Tuesday. Story Published at: November 22, 2022 at 05:42PM Continue Reading…
Wall St. Brokers Look to Buy Rights to Assets Trapped on FTX
Customers could be offered pennies on the dollar for what they lost when the crypto exchange filed for bankruptcy last week. Story Published at: November 19, 2022 at 12:51AM Continue Reading…
The Man Who Was Supposed to Save Crypto
The spectacular rise and fall of Sam Bankman-Fried and FTX. Story Published at: November 18, 2022 at 11:00AM Continue Reading…
How FTX’s Sister Firm Brought the Crypto Exchange Down
Alameda Research was Sam Bankman-Fried’s first company. He built FTX partly to help Alameda’s trading business. Then things got out of control. Story Published at: November 18, 2022 at 10:00AM Continue Reading…
New Chief Calls FTX’s Corporate Control a ‘Complete Failure’
“This situation is unprecedented,” said John J. Ray III, who helped manage Enron after its collapse in an accounting fraud scandal in 2001. Story Published at: November 17, 2022 at 01:38PM Continue Reading…