Category: HK FTX Trading Ltd (Futures Exchange)

FTX Nears Collapse After a Deal With Binance Fails

The New York Times – Business:
After a rescue deal collapsed, the cryptocurrency exchange is scrambling for a lifeline, as investors and customers prepare to fight for their money.
The Fall of FTX’s Sam Bankman-Fried Puts Crypto Industry on Edge

The New York Times – Business:
The rapid collapse of the cryptocurrency exchange built by the billionaire Sam Bankman-Fried suggests that no company in the freewheeling, loosely regulated crypto industry is safe.
Carbon Credits Emerge as a Focus at COP27

The New York Times – Business:
As global leaders gather at COP27, efforts are reportedly underway to have companies help shoulder the financial burden.

FTX Nears Collapse After a Deal With Binance Fails