Sam Bankman-Fried found ways to control the prices of digital coins to benefit his companies, FTX and Alameda, according to cryptocurrency investors. Story Published at: January 18, 2023 at 06:33PM Continue Reading…
FTX Founder Gamed Markets, Crypto Rivals Say
Bitcoin Rallies to Recoup Losses Since FTX Collapse
Investors have pushed the cryptocurrency above $21,000, and other digital tokens have risen as well. Story Published at: January 18, 2023 at 03:20PM Continue Reading…
Media Start-up Semafor Plans to Buy Out Sam Bankman-Fried’s Investment
Semafor is one of several media companies that received money from Mr. Bankman-Fried or his affiliates before his cryptocurrency company fell apart and he was charged with crimes. Story Published at: January 18, 2023 at 10:00AM Continue Reading…
In Hunt for FTX Assets, Lawyers Locate Billions in Cash and Crypto
Lawyers for FTX have identified cash and digital assets that would go toward repaying customers and lenders of the collapsed exchange. Story Published at: January 17, 2023 at 11:27PM Continue Reading…
FTX Executives Expressed Concern Over Use of Customer Funds, Documents Show
Documents obtained by The New York Times provide new details about the discussions among FTX’s top leaders before the cryptocurrency exchange collapsed in November. Story Published at: January 17, 2023 at 10:24PM Continue Reading…
Crypto Meltdown, What Crypto Meltdown?
Despite trillions of dollars of losses, a batch of bankruptcies and one very high profile arrest, blockchain’s devotees remain devoted. Story Published at: January 17, 2023 at 08:00AM Continue Reading…
The Crypto Collapse and the End of Magical Thinking That Infected Capitalism
Dogecoin. WeWork. The Metaverse. It was an era of illusory and ridiculous promises. Story Published at: January 16, 2023 at 10:00AM Continue Reading…
CoinDesk Broke Big News About FTX. Now the News Is Closer to Home.
The parent company of CoinDesk, one of the first news sites focused on the industry, faces questions about the operations and financial health of some of its subsidiaries. Story Published at: January 16, 2023 at 08:00AM Continue Reading…
S.E.C. Charges Crypto Companies With Offering Unregistered Securities
The S.E.C. charged Genesis Global Capital and Gemini Trust, which is run by Cameron and Tyler Winklevoss, as crypto companies face heightened regulatory scrutiny. Story Published at: January 12, 2023 at 10:00PM Continue Reading…
Sam Bankman-Fried Makes First Detailed Response to Fraud Charges
The disgraced founder of the crypto exchange FTX denied that he stole anyone’s money and said customers could still get their deposits back. Story Published at: January 12, 2023 at 01:06PM Continue Reading…