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…

Regulators Begin Cracking Down on FTX

Authorities worldwide are intensifying their scrutiny of the embattled cryptocurrency exchange, amid concern about improper use of customer money. Story Published at: November 11, 2022 at 01:40PM Continue Reading…

A Reckoning Awaits FTX

After a rescue deal collapsed, the cryptocurrency exchange is scrambling for a lifeline, as investors and customers prepare to fight for their money. Story Published at: November 10, 2022 at 12:57PM Continue Reading…

Fall of a Crypto Titan Puts an Industry on Edge

The rapid collapse of the cryptocurrency exchange built by the billionaire Sam Bankman-Fried suggests that no company in the freewheeling, loosely regulated crypto industry is safe. Story Published at: November 9, 2022 at 07:44PM Continue Reading…

Binance to Buy FTX in Megadeal of Crypto Exchanges

Binance, the world’s largest cryptocurrency exchange, said it reached a deal to buy one of its biggest rivals, FTX, amid fears that the crypto industry could be entering another meltdown. Story Published at: November 8, 2022 at 04:42PM Continue Reading…