FTX


Opinion

If You Lost Money on FTX, You May See Some Tax Relief

Tax expert Victoria J. Haneman compares Sam Bankman-Fried's crypto trading empire to Bernie Madoff's Ponzi scheme to glean what the FTX fallout could mean for tax filers.

(Leon Neal/Getty Images)

Videos

Bitcoin Above $16K as Cryptos Ignore the FTX Chaos

Bitcoin (BTC) is holding comfortably above its $16,000 support level as cryptos continue to ignore the FTX chaos. IDX Digital Assets CIO Ben McMillan discusses the impact of FTX’s fallout on the broader crypto market and the total market capitalization of digital assets that have fallen below $800 billion.

Recent Videos

Videos

Legal Expert on Bankrupt FTX's 'Corporate Failings'

In a series of bankruptcy court filings, new FTX CEO John J. Ray III said the crypto exchange's corporate control under his predecessor, Sam Bankman-Fried, was a "complete failure." Daniel Gwen, counsel for Ropes & Gray's business restructuring group, discusses the fallout of bankrupt crypto exchange FTX and possible next steps.

Recent Videos

Videos

Bahamas Securities Regulator Ordered FTX to Transfer Crypto to Government Wallets

The Securities Commission of the Bahamas announced Thursday that it ordered the contents of FTX's crypto wallets to be transferred to government-controlled wallets on the previous Saturday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest.

Recent Videos

Finance

Pension Giant Ontario Teachers' Plans to Write Off All $95M Invested in Crypto Exchange FTX

The investment in the now-bankrupt crypto exchange represented less than 0.05% of the fund's total net assets.

(DALL-E/CoinDesk)

Layer 2

'A Complete Failure of Corporate Controls': What Investors and Accountants Missed in FTX’s Audits

An expert review of FTX’s audited financial statements reveals a series of red flag related-party transactions that should have led to more scrutiny of the company’s operations.

FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)

Finance

Bank of America Downgrades Crypto Exchange Coinbase to Neutral in FTX Aftermath

The bank had rated the shares at buy. It cut its price target to $50 from $77.

Morgan Stanley rebajó la calificación de las acciones del banco de criptomonedas Silvergate Capital para infraponderar desde igual valoración. (Unsplash)

Markets

First Mover Americas: FTX's Troubles in Paradise

The latest price moves in crypto markets in context for Nov. 18, 2022.

Regulators in the Bahamas ordered the contents in FTX wallets to be transferred to government wallets. (Dorgie Productions/Getty Images)

Finance

Crypto Firm Genesis Block Ceases Trading Services Amid FTX Contagion: Report

The Hong Kong-based company was once Asia’s largest bitcoin ATM player.

Hong Kong, China Cityscape (Unsplash)

Policy

FINRA Targets Crypto Communications After FTX Collapse

The U.S. self-regulatory body is gathering information on crypto marketing practices between July and September of this year to potentially inform a regulatory response.

(Austin Distel/Unsplash)