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…
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…
Investors Who Put $2 Billion Into FTX Face Scrutiny, Too
Venture capital firms and investment funds showered the failed crypto exchange and its founder with money. There were few strings attached. Story Published at: November 11, 2022 at 07:39PM Continue Reading…
What Happened to FTX? Here’s What to Know.
Binance, the world’s largest cryptocurrency exchange, was set to bail out FTX. Then it pulled out of the deal. Story Published at: November 10, 2022 at 09:58PM 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…
Is This Crypto’s Lehman Moment?
Here’s how to make sense of the industry-shaking Binance-FTX deal. Story Published at: November 9, 2022 at 07:58PM 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…
Silicon Valley’s Unbridled Euphoria Runs Into Economic Reality
Once-buzzy start-ups had held out against the new reality that the good times are over. No longer. Story Published at: October 29, 2022 at 10:00AM Continue Reading…