FTX Collapse


Policy

Sam Bankman-Fried Blogs Like a Crypto Robin Hood, but in Court He's Not So Charitable

The FTX founder’s claimed largesse about giving his funds away contrasts with a legal battle to keep control of $450 million in shares – that were paid for a loan from Bankman-Fried’s Alameda Research

Sam Bankman-Fried, a modern-day Robin Hood? (George Rinhart/Corbis/Getty Images)

Finance

Sam Bankman-Fried Denies Stealing FTX Funds in New Online Post

The former FTX CEO blamed the exchange's collapse on the crypto market meltdown, Alameda’s poor hedging and a "targeted attack" by Binance.

El fundador de FTX, Sam Bankman-Fried. (David Dee Delgado/Getty Images)

Policy

FTX Creditor Names Can Remain Sealed for Now, Judge Rules

Publishing the names of potentially 9 million users of the crypto exchange could endanger privacy, the company had argued.

FTX CEO John J. Ray III (C-Span)

Policy

Letter From US Senators 'Inappropriate,' Won’t Sway Me, FTX Bankruptcy Judge Says

Judge John Dorsey didn't seem impressed by the bipartisan communication from Elizabeth Warren, Cynthia Lummis and two other senators.

Zoom screenshot of Judge John Dorsey

Policy

FTX Has Recovered 'Over $5B' in Assets, Bankruptcy Attorney Says

The announcement substantially raises the total FTX has recovered since filing for bankruptcy last year but it's still short of what customers are owed in total.

John J. Ray III, nuevo CEO de FTX. (C-SPAN)

Policy

Bipartisan Group of US Senators Calls for Independent Examiner to Investigate FTX

Four senators are urging the judge in the bankruptcy case to support a motion for to appoint an examiner.

Sam Bankman-Fried sale del tribunal federal en la ciudad de Nueva York. (David Dee Delgado/Getty Images)

Policy

Around 117 Parties Interested in Buying FTX Units, Court Documents Show

Attempts to urgently sell LedgerX and FTX Japan have invited legal protest.

(CraigRJD/Getty)

Policy

FTX's US Leadership, Bahamas Liquidators Say They've 'Resolved' Most of Their Issues

The announcement follows weeks of allegations from each party.

FTX CEO John Ray III (Nathan Howard/Getty Images)

Finance

Block Manager Sees Self-Custody as Future of Crypto Post-FTX

The payments company is working on a product to allow customers to hold bitcoin directly.

Block plans to introduce a digital wallet to make it easy for users to hold their own cryptocurrencies. (Block)

Policy

SEC Investigating FTX Investors’ Due Diligence: Reuters

The securities regulator is looking at whether financiers did their homework before investing in a crypto exchange that has since been accused of sloppy governance.

FTX co-founder Sam Bankman-Fried is escorted out of the Magistrate's Court on Dec. 21, 2022 in Nassau, Bahamas. (Joe Raedle/Getty Images)