FTX Collapse


Policy

Embattled Crypto Firm FTX Wants to Sell Its Functioning Units, Including LedgerX

FTX filed for bankruptcy protection last month, reporting it has more than $10 billion in liabilities.

FTX founder and former CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)

Policy

US Government Wants to ‘Send a Message’ to Crypto With SBF’s Arrest, Says Former US Prosecutor

Renato Mariotti, now a partner at international law firm Bryan Cave Leighton Paisner, discusses why regulators are “eager to plant a flag” on the crypto industry.

Renato Mariotti (renatomariotti.com)

Policy

Crypto Trading Firm Wintermute Given Seat on Key FTX Creditor Committee

The crypto firms and individual investors will play a key role in representing the issues of the million or so potentially owed money by Sam Bankman-Fried’s company

FTX founder and former CEO Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Markets

The FTX Meltdown Calls for Higher Standards in Crypto Journalism

Revelations that Bankman-Fried secretly funded crypto news publisher The Block deepened mistrust of the crypto industry.

(Westend61/GettyImages)

Policy

Top FTX Group Executive Tipped Off Bahamas Authorities About Commingling of Funds in November

Former CEO Sam Bankman-Fried has said he didn't know of any comingling of funds between his companies.

Sam Bankman-Fried (Danny Nelson/CoinDesk)

Policy

Sam Bankman-Fried Was a ‘Pathological Liar’: Congressman

Rep. Ritchie Torres (D-N.Y.) discusses how the disgraced former CEO “misled the public,” and what he did with Bankman-Fried’s $2,900 political donation.

Rep. Ritchie Torres (Monica Schipper/Getty Images)

Policy

FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers

As the crypto industry’s epic disaster continues to unfold with a criminal case and regulatory actions, U.S. senators didn’t find any clear path during a Wednesday hearing.

Sen. Sherrod Brown, chairman of the Senate Banking Committee (Drew Angerer/Getty Images)

Policy

FTX Bankruptcy Court Is Warned Against Granting Bahamas 'Dangerous' IT Access

Testimony from new boss John Ray has proven inflammatory in the Bahamas, where parallel proceedings are also attempting to wind up the crypto exchange.

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

Videos

Demonizing Crypto Industry After FTX Collapse 'Fundamentally Unfair:' US Congressman

U.S. Congressman Rep. Ritchie Torres (D-N.Y.) discusses his take on the legislation needed in the aftermath of FTX's collapse and how much of it is due to fraud. "Demonizing a whole industry based on the fraudulence of one actor is fundamentally unfair," Torres said. "Sam Bankman-Fried is not representative of crypto finance any more than Bernie Madoff is representative of conventional finance."

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