FTX


Finanzas

Alameda Was ‘Business as Usual’ Before Collapse: Ex-Engineer

Security and risk checks were “poor” at the company, but the implosion of the trading firm came as a surprise to insiders, the former employee said.

(Leon Neal/Getty Images)

Vídeos

Bernie Madoff’s Former Lawyer: Crypto Knowledge Unlikely to Play Role in SBF Trial

FTX founder Sam Bankman-Fried is getting his day in court, after prosecutors previously called the demise of FTX "one of the biggest financial frauds in American history." Mintz and Gold partner Ira Lee Sorkin, who previously represented Bernie Madoff, discusses his take on the legal proceedings and how it could shape the future crypto regulation in the U.S.

Recent Videos

Vídeos

Could Sam Bankman-Fried Blame the FTX Collapse on Lack of U.S. Regulation?

Ira Lee Sorkin, who previously represented Bernie Madoff, discusses why it will not likely work for FTX founder Sam Bankman-Fried to blame the collapse of the exchange on the lack of regulatory clarity in the crypto industry. "There's no regulation that says you are permitted to misrepresent information to investors...there's no regulation that says do whatever you want with investor's money," Sorkin said.

Recent Videos

Mercados

Sam Bankman-Fried Lost Half a Million Dollars Every Day After Alameda Launched, Michael Lewis Claims

The tides finally changed after Gary Wang and Nishad Singh (both FTX directors who have since pled guilty to fraud in the ongoing trial) joined the firm.

Fundador y ex CEO de FTX, Sam Bankman-Fried. (Nikhilesh De/CoinDesk)

Mercados

When SRM Shot Up in Value, Sam Bankman-Fried Changed the Rules for His Workers, Michael Lewis Says

Michael Lewis’ “Going Infinite” outlines how the FTX CEO was worried his employees had gotten too rich because SRM’s price had gone up so much. So, he made them wait longer to sell.

Sam Bankman-Fried, CEO, FTX and Christine Lee, Lead Anchor, CoinDesk

Opinión

Could Sam Bankman-Fried's Saga Happen Without Crypto?

The alleged fraud at FTX is a symptom of problems within crypto, something the industry must reckon with especially as an easy scapegoat goes on trial.

Is crypto "uniquely" at fault for Sam Bankman-Fried's rise and fall? (CoinDesk, modified)(CoinDesk, modified)

Finanzas

Jump Trading Lost Almost $300M in FTX’s Collapse, Michael Lewis Says in ‘Going Infinite’

This makes the trading giant one of FTX’s top creditors, Lewis wrote, citing documents from the crypto exchange’s former chief operating officer, Constance Wang.

Jump Crypto President Kanav Kariya (Danny Nelson)

Finanzas

TV's Kevin O’Leary: ‘All the Crypto Cowboys Are Going to Be Gone Soon’

O’Leary, an entrepreneur and television personality, was paid $15 million by FTX for “20 service hours, 20 social posts, one virtual lunch and 50 autographs,” according to Michael Lewis’s new book “Going Infinite.”

Kevin O'Leary (Michael Kovac/Getty Images)