FTX Collapse


Policy

FTX, Alameda Wallets Move More Than $78 Million in Crypto to Exchanges: Spotonchain

The tokens were moved to Binance and Coinbase overnight in accordance with a bankruptcy court order allowing the sale of some FTX assets, data from Spotonchain show.

FTX Logo

Policy

Sam Bankman-Fried Again Blames Underlings for Woes as FTX Founder Wraps Up Testimony

"So, it's your testimony that your supervisees told you to stop asking questions?" asked a prosecutor. "Did you call in your lieutenants and ask 'who spent $8 billion?'"

FTX's Sam Bankman-Fried exiting a federal courthouse in New York last year. (Nikhilesh De/CoinDesk)

Policy

Sam Bankman-Fried's Defense Team Makes Last-Ditch Bid to Get 'English Law' Detail in Jury Instructions

The term may have implications for the fraud charges Bankman-Fried faces.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

Sam Bankman-Fried's Post-Collapse Media Blitz Has Clearly Backfired

The FTX founder was grilled Monday by a prosecutor, who used the many words he said to journalists after his crypto company's collapse against him.

NEW YORK, NEW YORK - NOVEMBER 30: Andrew Ross Sorkin and Sam Bankman-Fried on stage at the 2022 New York Times DealBook on November 30, 2022 in New York City. (Photo by Thos Robinson/Getty Images for The New York Times)

Policy

Sam Bankman-Fried Grilled by Prosecutor, Who Points Out Contradictions in His Testimony

Assistant U.S. Attorney Danielle Sassoon repeatedly cornered the FTX founder on his public statements about his involvement with his affiliated trading firm Alameda and the safety of exchange customer assets.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)

Finance

Sam Bankman-Fried Rebuffed Barry Silbert's and Celsius' Requests for Help, Ex-FTX CEO Testifies at His Trial

The crypto mogul served as a white knight for other struggling companies, though, before his empire fell, too.

Barry Silbert. CEO & Founder Digital Currency Group (DCG)

Markets

Sam Bankman-Fried Started Buying Solana's SOL at 20 Cents Using 'Alameda Profits,' He Says at His Trial

"I believed the funds came from Alameda’s operating profits" as well as third-party lenders, he testified Friday at his fraud and conspiracy trial.

Sam Bankman-Fried, left, in the pre-trial days with Solana Labs CEO Anatoly Yakovenko (Danny Nelson/CoinDesk)