The collapse of Sam Bankman-Fried’s business empire has led federal prosecutors to scrutinize his brother, Gabe, who ran a pandemic-prevention group. Story Published at: March 24, 2023 at 07:00AM Continue Reading…
The Younger Brother Caught in the Middle of the FTX Investigation
Bank Crisis Could Cast Pall Over Commercial Real Estate Market
The market hadn’t fully rebounded from the pandemic. Some worry that another slowdown could add to fears of a recession. Story Published at: March 22, 2023 at 09:00AM Continue Reading…
Sam Bankman-Fried Sent Back to Prison After Chaotic Hearing
The disgraced FTX founder, who has been in a Bahamas prison for the past week, was expected to agree to extradition to the United States, before a court hearing descended into confusion. Story Published at: December 19, 2022 at 06:36PM Continue Reading…
Restaurateur, Political Donor, Tipster: The Many Roles of FTX’s Ryan Salame
The co-chief executive of an FTX unit who told regulators about wrongdoing at the exchange was a big Republican donor. He also bought restaurants. Story Published at: December 17, 2022 at 08:00AM Continue Reading…
Read the Criminal Indictment Against Sam Bankman-Fried
Federal prosecutors in Manhattan unsealed an eight count indictment against the founder of the collapsed crypto exchange FTX. Story Published at: December 13, 2022 at 04:06PM Continue Reading…
S.E.C. Charges Sam Bankman-Fried With Defrauding FTX Investors
The founder of the collapsed crypto exchange was accused of “orchestrating a scheme to defraud equity investors” who put more than $1.8 billion into the company. Story Published at: December 13, 2022 at 11:59AM 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…
FTX’s Sister Firm, Alameda Research, Was Central to Collapse
The relationship between Alameda and FTX — and how the two propped each other up — is coming under scrutiny as prosecutors and regulators investigate the exchange’s collapse. Story Published at: November 30, 2022 at 10:08PM 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…
Kim Kardashian to Pay $1.26 Million to Settle S.E.C. Charges Over Crypto Promotion
The S.E.C. said Ms. Kardashian did not disclose she had been paid to promote a crypto token sold by EthereumMax. Story Published at: October 3, 2022 at 01:44PM Continue Reading…