FTX


Policy

Lawyers Detail the ‘Abrupt and Difficult’ Collapse of FTX in First Bankruptcy Hearing

FTX’s lawyers say former CEO Sam Bankman-Fried ran the exchange like his own “personal fiefdom,” allowing executives to use customer funds to purchase luxury real estate.

(Leon Neal/Getty Images)

Policy

Bahamas FTX Liquidators Agree to Transfer Bankruptcy Case to Delaware

Court-appointed liquidators for FTX in the Bahamas had filed a separate suit in a New York court, while the exchange had filed for bankruptcy protection in Delaware.

Sam Bankman-Fried sticking his tongue out while at Crypto Bahamas earlier this year. (Danny Nelson/CoinDesk)

Videos

CoinFund President on FTX Contagion Fears

According to a Bloomberg report, Genesis Global Trading is in talks with potential investors for at least $1 billion in fresh capital. CoinFund President Chris Perkins discusses the state of the crypto industry as it continues to suffer ripple effects from the collapse of crypto exchange FTX. Genesis and CoinDesk are both owned by the Digital Currency Group.

Recent Videos

Videos

US Senators Ask Regulators for a 'Review' of SoFi’s Crypto Offerings

U.S. senators Sherrod Brown (D-Ohio), Jack Reed (D-R.I.), Chris Van Holland (D-Md.) and Tina Smith (D-Minn.) wrote open letters to digital finance company SoFi and several bank regulators, asking for a "review" of SoFi's crypto offerings. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in on the concerns about SoFi’s expansion into crypto business. Plus, what to expect from today's FTX court hearing.

Recent Videos

Videos

Nansen Research: The Collapse of Alameda and FTX

Blockchain analytics firm Nansen has published a new report diving into the collapse of FTX. Nansen Research Analyst Niklas Polk discusses the key takeaways and whether on-chain data suggests FTX's implosion was inevitable.

Recent Videos

Videos

FTX Collapse Spiked Correlation Across Sectors in CoinDesk Market Index

The Digital Asset Classification Standard (DACS), created by CoinDesk Indices, shows correlations between the six sectors spiked massively following the fallout of FTX. Managing Director Jodie Gunzberg explains.

Recent Videos

Videos

On-Chain Data Shows the Close Ties Between FTX and Alameda: Nansen

On-chain traces of FTT token transactions since 2019 show the "very, very connected" ties of both Sam Bankman-Fried's companies – Alameda Research and FTX. Nansen Analyst Niklas Polk dissects the data.

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Videos

CoinFund President on FTX Contagion Concerns, Bailout Speculation

"We're not expecting any bailouts here," CoinFund President Chris Perkins says on the continued contagion spreading throughout the crypto industry this year. Perkins, who was on the floor when Lehman Brothers went bankrupt, shares his perspective on the reported bankruptcy jitters regarding Genesis Global Trading, CoinDesk's sister company.

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Layer 2

Who Is Alameda's Former co-CEO Sam Trabucco?

The former co-CEO of Alameda Research took steps to distance himself from the firm before and after announcing his departure.

Former Alameda Research co-CEO, Sam Trabucco (Alameda Research)