Bankman-Fried, Sam – Page 56

A Verified Mess: Turmoil From Twitter to FTX

Plus: Is the latest round of tech layoffs a sign of impending doom, or a much-needed structural correction?

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Binance, the world’s largest cryptocurrency exchange, was set to bail out FTX. Then it pulled out of the deal.

By Kalley Huang

Sam Bankman-Fried told employees that he wanted to reinforce his company’s finances after a collapse that is now drawing scrutiny from regulators.

Sam Bankman-Fried told employees that he was trying to reinforce his company’s finances days after it collapsed from a bank run.

By David Yaffe-Bellany