FTX Collapse
FTX Employees Were Encouraged to Keep Life Savings in the Now-Bankrupt Exchange, Sources Say
Sources told CoinDesk that FTX was used as a bank by many of its employees. Now, their money is probably gone.
Bahamian Liquidators Say FTX Wasn’t Authorized to File for Bankruptcy in the US
Despite the company’s convoluted corporate structure, Bahamas-based lawyers say everything falls under the “FTX Digital Markets” umbrella – a Bahamian entity, subject to Bahamian law.
The FTX Collapse Looks an Awful Lot Like Enron
Alameda and FTX were built on false asset values driven by deceptive self-dealing. So was America's most notorious corporate fraud.
Top House Committee to Hold Hearing Into FTX Collapse
The House Financial Services Committee plans to hear from FTX and related entities during a hearing next month.
FTX’s Bahamas Arm Files for Bankruptcy Protection in US
The move on behalf of FTX.com, based in the Caribbean, is the latest legal move in the crypto exchange’s collapse.
Cryptocurrencies Trade in Sync After FTX Collapse – Just Not With Stocks
A new analysis shows how correlations have increased on various sectors of the 162-asset CoinDesk Market Index (CMI) amid widespread crypto distress following the collapse of Sam Bankman-Fried's FTX exchange. U.S. stocks, meanwhile, look unfazed by it all.
