In just three years, the FTX co-founder built a massive operation to woo politicians, regulators and nonprofits to support his crypto goals.
Category: HK FTX Trading Ltd (Futures Exchange)
-
Genesis, the Troubled Crypto Lender, Hires a Restructuring Adviser
The firm has been under pressure from its creditors since the crypto exchange FTX began to unravel this month.
-
FTX Assets Still Missing as Firm Begins Bankruptcy Process
A substantial amount of the company’s assets are missing, an FTX lawyer told a bankruptcy judge on Tuesday.
-
Inside Gary Gensler’s SEC Campaign to Rein In the Crypto Industry
Gary Gensler, the chair of the S.E.C., is at the center of a reckoning over the future of cryptocurrency after the implosion of FTX.
-
The Week in Business: FTX’s Collapse
The turmoil at Twitter continues. The holiday shopping season officially begins, although retailers have already been running sales. And the Fed releases the minutes from its last meeting.
-
Wall St. Brokers Look to Buy Rights to Assets Trapped on FTX
Customers could be offered pennies on the dollar for what they lost when the crypto exchange filed for bankruptcy last week.
-
Hundreds of Twitter Workers Quit as Musk Demands Loyalty
Hundreds of workers decided to leave the troubled social network, after Elon Musk demanded employees commit to a new “hard core” work environment.
-
How Alameda, FTX’s Sister Firm, Brought the Crypto Exchange Down
Alameda Research was Sam Bankman-Fried’s first company. He built FTX partly to help Alameda’s trading business. Then things got out of control.
-
New FTX CEO Calls the Crypto Exchange’s Corporate Control a ‘Complete Failure’
“This situation is unprecedented,” said John J. Ray III, who helped manage Enron after its collapse in an accounting fraud scandal in 2001.
-
Big Donors like Steve Schwarzman Back Away From Donald Trump
Deep-pocketed conservatives, including Stephen A. Schwarzman and Kenneth C. Griffin, said they plan to back alternatives to the former president.
-
FTX’s In-House Performance Coach Is Just as Surprised as You Are
George K. Lerner, a psychiatrist who has worked at the collapsed crypto exchange FTX since last year, said he had no knowledge of wrongdoing at the firm.