The dramatic collapse of the crypto exchange continues to reverberate throughout the industry. Story Published at: November 19, 2022 at 01:00PM Continue Reading…
What Is Next for the FTX Fallout?
Twitter’s Nest Gets a Little Emptier
Hundreds of workers decided to leave the troubled social network, after Elon Musk demanded employees commit to a new “hard core” work environment. Story Published at: November 18, 2022 at 12:47PM 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…
A Hard Fork in the Road: FTX’s Unraveling and Elon’s Loyalty Oath
Sam Bankman-Fried’s DMs go public, and Congress announces an investigation. Tech’s nightmare November continues. 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…
Investor Losses From FTX’s Implosion Are Growing
The crypto exchange’s collapse is stoking fears of contagion across the industry. Meanwhile, FTX’s founder, Sam Bankman-Fried, is still speaking out. Story Published at: November 17, 2022 at 01:32PM Continue Reading…
Why the Crypto Collapse Matters
The failure of the cryptocurrency exchange FTX put the entire industry under scrutiny. Story Published at: November 17, 2022 at 11:36AM Continue Reading…
Big-Name Donors Are Moving On From Trump
Deep-pocketed conservatives, including Stephen A. Schwarzman and Kenneth C. Griffin, said they plan to back alternatives to the former president. Story Published at: November 16, 2022 at 12:50PM Continue Reading…
FTX’s In-House Performance Coach Is Just as Surprised as You Are
George K. Lerner, a psychiatrist who has worked at the collapsed crypto exchange FTX since last year, said he had no knowledge of wrongdoing at the firm. Story Published at: November 15, 2022 at 10:18PM Continue Reading…