FTX Collapse


Policy

Meaning of FTX Fall Depends on One’s Politics, US Senate Hearing Shows

U.S. political parties take separate, opposing lessons from the crash of Sam Bankman-Fried’s crypto empire.

U.S. Capitol (Jesse Hamilton/CoinDesk, modified via Photomosh)

Policy

The Long Arm of FTX

It's hard to overstate how much FTX embedded itself into the broader world. That could drive some of the response to its collapse.

Major League Baseball referees wore FTX-branded kits. (G Fiume/Getty Images)

Policy

FTX Fallout Adds Urgency to South Korea’s Push for Crypto Regulations: Report

An official at the Financial Services Commission says that unfair trade needs to be regulated.

Officials are currently drawing up a comprehensive regulatory framework, the Digital Asset Basic Act, expected to be finalized next year. (Jacek Malipan/ Getty)

Videos

Bitcoin Flirts With $17K as New Report Hints Inflation May Be Easing

Bitcoin (BTC) is trading steadily right below the $17,000 level, as the Producer Price Index for final demand increased 0.2 percent in October. ConsenSys Head Economist Lex Sokolin discusses the U.S. latest economic data and his crypto market analysis as investors grapple with the impact of FTX filing for bankruptcy.

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Videos

FTX Collapse: Examining Journalism’s Place in the Crypto Industry

Michael J. Casey, Chief Content Officer at CoinDesk, discusses the role of journalists amid the downfall of crypto exchange FTX. "We didn't see this coming," Casey said. "We have to be in the capacity to verify information without just accepting things at face value...the crypto industry needs the press."

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Finance

Hong Kong Crypto Exchange AAX Reopening Hinges on Capital Raise

The exchange shuttered activity Sunday at first blaming turbulent markets, but has denied having exposure to Sam Bankman-Fried's now-defunct FTX

The FTX collapse may alter Hong Kong regulators approach to retail crypto trading. (Yiu Yu Hoi/Getty Images)

Markets

Bernstein: The Collapse of Crypto Exchange FTX More Like Enron Than Lehman

The broker sees a significant liquidity impact on the crypto market in coming weeks, which will hurt the smaller tokens.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Markets

Sam Bankman-Fried’s Unceremonious Exit Leaves ‘Alameda Gap’ in Crypto Markets

The fall of a big player in the crypto trading sector has created a domino effect: lack of liquidity, according to a new report from Kaiko.

Los mercados cripto registraron más de US$700 millones en liquidaciones de operaciones en corto. (Pixabay)

Layer 2

Ukrainian Official Refutes FTX-Ukraine Money Laundering Rumors

The deputy crypto chief of Ukrainian government says war-torn country used FTX only as a fiat on-ramp.

From left To right: Rev Miller, Atlantis World co-founder; Alex Bornyakov, Ukraine’s deputy minister for Digital Transformation, Ethereum co-founder Vitalik Buterin 
(Kyiv Tech Summit)