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…
FTX Assets Still Missing as Firm Begins Bankruptcy Process
Inside a Crypto Nemesis’ Campaign to Rein In the Industry
Gary Gensler, the chair of the S.E.C., is at the center of a reckoning over the future of cryptocurrency after the implosion of FTX. Story Published at: November 21, 2022 at 08:00AM 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…
Collapsed Crypto Exchange FTX Could Owe More Than 1 Million Creditors
In a court filing on Monday, the cryptocurrency exchange said it was in touch with “dozens” of regulators across the world. Story Published at: November 15, 2022 at 03:13PM 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…
FTX Investigating Possible Hack Hours After Bankruptcy Filing
Researchers document $473 million in suspicious transfers from the cryptocurrency exchange. Story Published at: November 12, 2022 at 02:31PM Continue Reading…
Embattled Crypto Exchange FTX Files for Bankruptcy
The announcement capped a stunning week that has sent shock waves through the crypto industry. Story Published at: November 11, 2022 at 02:33PM Continue Reading…
FTX Crypto Exchange Boss Says He Is Trying to Raise More Money
Sam Bankman-Fried told employees that he was trying to reinforce his company’s finances days after it collapsed from a bank run. Story Published at: November 10, 2022 at 03:52PM Continue Reading…
FTX Crypto Exchange Boss Says He Is Trying to Raise More Money
Sam Bankman-Fried told employees that he was trying to reinforce his company’s finances days after it collapsed from a bank run. Story Published at: November 10, 2022 at 03:52PM 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…