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Latest from Nick Baker
'FTX Has Been Hacked': Crypto Disaster Worsens as Exchange Sees Mysterious Outflows Exceeding $600M
FTX officials appeared to confirm rumors of a hack on Telegram, instructing users to delete FTX apps and avoid its website.

Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – and Dated. Other Employees Have Lots of Questions
“The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on condition of anonymity.

Sam Bankman-Fried Says Alameda Winding Down, Promises FTX US Customers' Funds Are 'Fine'
The trading company's owner tweeted the news on Thursday morning.

Most of FTX's Legal and Compliance Team Quit: Report
Semafor, a news organization in which FTX's Sam Bankman-Fried invested, cites people familiar with the matter.

Binance Is Strongly Leaning Toward Scrapping FTX Rescue Takeover After First Glance at Books: Source
Backing out would be one more stunning development in the collapse of Sam Bankman-Fried’s crypto empire.

FTX Agrees to Sell Itself to Rival Binance Amid Liquidity Scare at Crypto Exchange
The two crypto exchange giants signed a non-binding letter of intent, Binance CEO Changpeng "CZ" Zhao confirmed on Twitter.

Solana’s SOL Spiked 15% on a Suggestive Tweet From Google Cloud
“Should we tell our followers the big news?” Google Cloud tweeted an hour before revealing what it was doing with Solana.

Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet
Alameda had $14.6 billion of assets as of June 30, according to a private document CoinDesk reviewed. Much of it is the FTT token issued by FTX, another Bankman-Fried company.

CFTC Staff Recommends Rejecting Kalshi's US Election Contracts: Bloomberg
Commissioners would still need to vote on the advice.

Prediction Market Kalshi Signals It Sees CFTC's Blessing for Midterm Election Bets
A countdown clock on its website ends today, indicating the service is optimistic regulators will let it offer contracts for the Nov. 8 election.
