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…
How Sam Bankman-Fried’s Crypto Empire Collapsed
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…
FTX’s founder was called a modern-day J.P. Morgan. The analogy still works.
Though one of them failed and the other died rich, both of their careers make the case for central banks. Story Published at: November 12, 2022 at 01:00PM 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…
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…
The Crypto Ponzi Scheme Avenger
From his home in New Zealand, the YouTuber Danny de Hek assails what he calls a dangerous and deceptive scheme, one rant at a time. Story Published at: November 11, 2022 at 10:00AM Continue Reading…
FTX Spent Big on Sports Sponsorships. What Happens Now?
The cryptocurrency exchange’s sudden collapse puts deals with teams, leagues and counties worth hundreds of millions of dollars in doubt. Story Published at: November 11, 2022 at 12:29AM 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…
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…