A group chat including crypto leaders shows Binance’s Changpeng Zhao accusing FTX’s Sam Bankman-Fried of orchestrating trades to destabilize the industry.
Category: HK FTX Trading Ltd (Futures Exchange)
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Inside the Frantic Texts Exchanged by Crypto Executives as FTX Collapsed
The New York Times – Business: -
Sam Bankman-Fried Faces Federal Inquiry Into Market Manipulation
The New York Times – Business:A federal investigation into whether the FTX founder’s trading firm illicitly manipulated the markets for two crypto tokens compounds his troubles.
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FTX Founder Sam Bankman-Fried Faces Market Manipulation Inquiry
The New York Times – Business:Federal prosecutors are investigating whether Sam Bankman-Fried and his hedge fund orchestrated trades in a way that led to the collapse of two cryptocurrencies in May.
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An Activist Investor Takes on BlackRock Over E.S.G.
The New York Times – Business:A hedge fund sees BlackRock’s embrace of E.S.G. principles as a distraction, and it wants the money-management giant’s C.E.O., Laurence Fink, to step down.
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How Biden’s Climate Push Could Spur a Trade War With Europe
The New York Times – Business:The European Union is crying foul over the Inflation Reduction Act, saying the billions in climate subsidies it offers create a trade imbalance.
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Small Investors Who Jumped Into Crypto on FTX Say, Now What?
The New York Times – Business:Many small investors who piled into cryptocurrencies on FTX, BlockFi and other platforms are recognizing the perils of investing in an unregulated industry.
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Oil Prices Rise as the West Imposes a Cap on Russian Crude
The New York Times – Business:Energy traders pushed crude prices higher on Monday following Europe’s embargo of seaborne Russian crude and a price cap by Group of 7 nations went into effect.
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The Crypto Industry Struggles for a Way Forward After FTX Collapse
The New York Times – Business:The implosion of the exchange FTX shows how an industry built in the wake of the 2008 financial crisis has drifted far from its original ideals.
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Florida May End Tax Fight With Disney, Thanks to Bob Iger
The New York Times – Business:Florida lawmakers are reportedly working to resolve their political fight with Disney, just days after Mr. Iger returned as the entertainment giant’s chief executive.
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How the Collapse of Sam Bankman-Fried’s Crypto Empire Has Disrupted A.I.
The New York Times – Business:Mr. Bankman-Fried and his colleagues spent more than $530 million to battle what they saw as the dangers of artificial intelligence. Now those efforts are reeling.