Sam Bankman-Fried found ways to control the prices of digital coins to benefit his companies, FTX and Alameda, according to cryptocurrency investors.
Category: Virtual Currency
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FTX Founder Gamed Markets, Crypto Rivals Say
The New York Times – Business: -
Bitcoin Price Rallies to Recoup Losses Since FTX Collapse
The New York Times – Business:Investors have pushed the cryptocurrency above $21,000, and other digital tokens have risen as well.
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Media Start-up Semafor Plans to Buy Out Sam Bankman-Fried’s Investment
The New York Times – Business:Semafor is one of several media companies that received money from Mr. Bankman-Fried or his affiliates before his cryptocurrency company fell apart and he was charged with crimes.
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In Hunt for FTX Assets, Lawyers Locate Billions in Cash and Crypto
The New York Times – Business:Lawyers for FTX have identified cash and digital assets that would go toward repaying customers and lenders of the collapsed exchange.
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FTX Executives Expressed Concern Over Use of Customer Funds, Documents Show
The New York Times – Business:Documents obtained by The New York Times provide new details about the discussions among FTX’s top leaders before the cryptocurrency exchange collapsed in November.
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Crypto Meltdown? Scandals Fail to Shake the Faith of Crypto Executives.
The New York Times – Business:Despite trillions of dollars of losses, a batch of bankruptcies and one very high profile arrest, blockchain’s devotees remain devoted.
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CoinDesk Broke Big News About FTX. Now the News Is Closer to Home.
The New York Times – Business:The parent company of CoinDesk, one of the first news sites focused on the industry, faces questions about the operations and financial health of some of its subsidiaries.
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SEC Charges Crypto Companies With Offering Unregistered Securities
The New York Times – Business:The S.E.C. charged Genesis Global Capital and Gemini Trust, which is run by Cameron and Tyler Winklevoss, as crypto companies face heightened regulatory scrutiny.
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Sam Bankman-Fried Makes First Detailed Response to Fraud Charges
The New York Times – Business:The disgraced founder of the crypto exchange FTX denied that he stole anyone’s money and said customers could still get their deposits back.
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Coinbase Lays Off Another 20% of Employees
The New York Times – Business:The cuts at the cryptocurrency exchange come after nearly a fifth of employees were let go in June, as crypto markets teeter and tech companies rethink their growth plans.
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Why Bed Bath & Beyond Is Weighing Bankruptcy
The New York Times – Business:Dreary holiday season sales failed to help solve the struggling retailer’s financial woes, leaving the company with few options.
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New York Attorney General Sues Founder of Collapsed Crypto Bank
The New York Times – Business:New York Attorney General Letitia James accused the founder of Celsius Network, Alex Mashinsky, of a scheme to defraud hundreds of thousands of investors.