News

Forbes1mon
The Collapse Of FTX
The cryptocurrency exchange FTX was one of the largest in the world until it collapsed in spectacular fashion over the course of a week. Helmed by CEO Sam Bankman-Fried, whose fortune peaked at $ ...
Forbes2y
What Happened To FTX? The Crypto Exchange Fund’s Collapse Explained.
FTX Trading Ltd. was one of the largest cryptocurrency exchange firms, known for its specialty in buying and selling crypto derivatives, and once valued at about $40 billion—here’s how it went ...
The Washington Post2y
Before FTX collapse, founder poured millions into pandemic prevention
But the sudden collapse of FTX, which filed for bankruptcy last Friday ... physician who helped lead Operation Warp Speed. Hillary Carter, a biosecurity expert on the White House National Security ...
CNN2y
Bankrupt crypto exchange FTX may have over 1 million creditors as ‘dozens’ of regulators probe collapse
A person familiar with the matter confirmed to CNN on Monday that federal prosecutors in New York are investigating the FTX collapse. FTX filed for bankruptcy last week and at the time estimated ...
ABC News1y
A timeline of cryptocurrency exchange FTX's historic collapse
In all, the charges carry a maximum sentence of 110 years in prison. Nov. 2 – The collapse of FTX centers in part on the cryptocurrency exchange's close relationship with Alameda Research ...
New York Post2y
Up to $2 billion in client money missing in crypto giant FTX collapse: reports
A bid to save FTX via a rescue deal with rival exchange Binance didn’t work out, leading to crypto’s highest-profile collapse in recent years. In text messages to Reuters, Bankman-Fried ...
Wall Street Journal2y
FTX Hires Ex-Regulators to Investigate Firm’s Collapse
The collapse of FTX has set off the largest crypto-related bankruptcy ever, and court filings are already shedding light on what went wrong and how complicated things could get. Here are three ...
Hosted on MSN3mon
FTX’s 2-year repayment delay is a ‘win,’ claims trader who predicted FTX’s collapse
A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a “win” — all things ...
Wall Street Journal2y
Risk Management at Crypto Firms Is in Focus Following FTX Collapse
Cryptocurrency companies are disclosing more information about their internal controls and risk management following the collapse of FTX, but a level of transparency in the industry that would ...
Yahoo Finance1y
A timeline of the collapse at FTX
Nov. 11: FTX files for Chapter 11 and Bankman-Fried resigns. John Ray III, a long-time bankruptcy litigator who is best known for having to clean up the mess made after the collapse of Enron ...
NBC News2y
The FTX collapse, explained
It’s a collapse that some have called crypto’s “Lehman moment.” The bankruptcy of the crypto giant FTX and the resignation of its founder, Sam Bankman-Fried, has left customers in limbo ...