FTX Collapse


Consensus Magazine

Ian Allison's Giant Sam Bankman-Fried Scoop Won Accolades in 2023

The CoinDesk reporter belongs in the Journalism Hall of Fame since there's little, if any, precedent for the waves his story on Alameda Research and FTX stirred up.

CoinDesk's Ian Allison (Mason Webb/CoinDesk)

Consensus Magazine

Caroline Ellison Buried Sam Bankman-Fried

The former Alameda Research CEO gave damning testimony in the fraud trial of her former boyfriend, Sam Bankman-Fried, making her one of CoinDesk's Most Influential in 2023.

Michael Kutsche's portrait of Caroline Ellison for Most Influential 2023.

Policy

Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial

Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX.

A musician in downtown Nassau, The Bahamas on a day no cruise ship had docked
Courtesy: Amitoj Singh/CoinDesk
Date: October 2023

Finance

FTX Sues Bybit to Claw Back $953M in 'Misappropriated Funds'

The FTX estate says the funds were "preferentially" or "fraudulently" transferred to Bybit and affiliates in the lead up to its November 2022, bankruptcy filing.

(QuinceCreative/Pixabay)

Opinion

We've Seen the FTX Collapse Before

There are overwhelming similarities between the FTX and MF Global bankruptcies — and one big difference.

Jon Corzine and Sam Bankman-Fried were both politically-connected business leads who lost over $1 billion in customer funds, though their different outcomes shows that regulation does not always achieve what is promised. (Wikimedia Commons/CoinDesk)

Markets

Solana's SOL Rallies 20% in a Day, Erasing Woes of Past 18 Months

The Solana token's massive rally this year increases the odds that FTX customers will recoup all their lost money.

Solana price (CoinDesk)

Markets

FTX's FTT Token Jumps 90% on Gensler Comments

"Do it within the law," Gensler said in relation to reports of buyers emerging for the failed crypto exchange.

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

Finance

FTX Relaunch Effort Includes Celsius Winner Proof Group, Sources Say

Plans to bring Sam Bankman-Fried's crypto exchange back to life include the Silicon Valley investment firm Proof Group, which was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius.

FTX former CEO Sam Bankman-Fried. (MIT Bitcoin Club, Mercatus Center, Cointelegraph/Wikimedia Commons, modified by CoinDesk)