The bankrupt crypto exchange owes billions to a long line of creditors. Getting their money back could prove difficult, given the unique nature of cryptocurrency assets. Story Published at: December 20, 2022 at 12:31PM Continue Reading…
Why This Is No Madoff Moment for FTX Creditors
In FTX Collapse, Binance Sees a Chance to Become the New Face of Crypto
Sam Bankman-Fried and Changpeng Zhao were archrivals. With FTX gone, Binance, the world’s biggest crypto exchange, is trying to step into the void. Story Published at: December 13, 2022 at 12:27AM 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 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…
Here’s the Latest on the FTX Collapse
The collapse of FTX, one of the world’s largest cryptocurrency companies, is still sending shock waves through the crypto world. Story Published at: November 28, 2022 at 08:09PM 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…
What Will Iger Do with ESPN and Hulu?
With Robert Iger back in charge at Disney, his to-do list takes shape: turn around the streaming businesses, and groom a successor. Story Published at: November 22, 2022 at 01:25PM Continue Reading…
What Will Iger Do with ESPN and Hulu?
With Robert Iger back in charge at Disney, his to-do list takes shape: turn around the streaming businesses, and groom a successor. Story Published at: November 22, 2022 at 01:25PM 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…