FTX


Finance

Bankrupt Crypto Lender Voyager Reopens Bidding Process Following FTX’s Collapse

Voyager also acknowledged Friday it has a $3 million balance currently locked up on FTX.

Voyager's bankrupcy has left creditors in the lurch. (Danny Nelson/CoinDesk)

Policy

California Finance Regulator Revokes BlockFi's Lending License

FTX, which filed for bankruptcy Friday, had given BlockFi a $400 million line of credit.

BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)

Videos

A Timeline of Crypto Exchange FTX's Collapse

FTX, once one of the largest crypto exchanges in the world, filed for Chapter 11 bankruptcy protection in the United States. "All About Bitcoin" host Christine Lee breaks down how it all happened.

Recent Videos

Videos

Bitcoin Drops After FTX Bankruptcy Filing

Bitcoin (BTC) and other cryptocurrencies sharply fell on the news that troubled crypto exchange FTX is filing for bankruptcy and CEO Sam Bankman-Fried is resigning from the company. FTX US also froze crypto withdrawals, sending millions in assets to bankruptcy limbo. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Videos

Bitcoin Slides Below $17K After FTX Bankruptcy Filing

As bitcoin (BTC) continues to fall lower, CoinDesk Markets Managing Editor Brad Keoun and Regulatory Reporter Cheyenne Ligon discusses this week's crypto roller coaster following the implosion of FTX, as CEO Sam Bankman-Fried steps down. Where did it all go wrong, how is it different from other crypto blowups, and what does this mean for the future of the industry?

Recent Videos

Finance

Meet the Metaverse Nightclub–Loving Audit Firm That Presided Over FTX’s Financials

FTX auditor Prager Metis reported the company earned $1 billion in revenue in 2021. An investigation by CoinDesk reveals Prager Metis also operates in Decentraland, where it sponsors the “Decentraland Babydolls.”

FTX Trading LLC auditor Prager Metis hosted a metaverse office launch party at Dencentraland coordinates (19, 144) in October. (Prager Metis)

Markets

Crypto.com's Preliminary Glimpse of Token Reserves Reveals 20% in Shiba Inu Coin

As large crypto exchanges push to prepare “proof-of-reserves” audits, an initial effort reveals just how much of Crypto.com’s reserves are in the dog-inspired meme token, SHIB.

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)

Finance

From Enron to FTX: Wall Street Turnaround Titan John Jay Ray III Takes Reins from FTX CEO Sam Bankman-Fried

Sam Bankman-Fried handed over control of his company to the veteran Wall Street  bankruptcy lawyer, who will guide the company’s Chapter 11 process.

(Leon Neal/Getty Images)

Markets

Solana Volatility Returns After FTX Bankruptcy, but What Comes Next?

The token, grappling with the market contagion, is down 4% in the past 24 hours.

Oficinas de Solana en Nueva York, Estados Unidos. (Danny Nelson)