Category: Virtual Currency

FTX Assets Still Missing as Firm Begins Bankruptcy Process

The New York Times – Business:
A substantial amount of the company’s assets are missing, an FTX lawyer told a bankruptcy judge on Tuesday.
Caída de FTX: ¿qué sigue ahora?

The New York Times – Business:
El dramático colapso de la bolsa de criptomonedas sigue repercutiendo en todo el sector.
Inside Gary Gensler’s SEC Campaign to Rein In the Crypto Industry

The New York Times – Business:
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.
What Is Next for the FTX Fallout?

The New York Times – Business:
The dramatic collapse of the crypto exchange continues to reverberate throughout the industry.
How Alameda, FTX’s Sister Firm, Brought the Crypto Exchange Down

The New York Times – Business:
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.
FTX, Collapsed Crypto Exchange, Could Owe More Than 1 Million Creditors

The New York Times – Business:
In a court filing on Monday, the cryptocurrency exchange said it was in touch with “dozens” of regulators across the world.
How Sam Bankman-Fried’s FTX Crypto Empire Collapsed

The New York Times – Business:
Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds.
FTX’s Collapse Casts a Pall on ‘Effective Altruism’ Movement

The New York Times – Business:
Sam Bankman-Fried, the chief executive of the embattled cryptocurrency exchange, was a proponent and donor of the “effective altruism” movement.
FTX Investigating Possible Hack Hours After Bankruptcy Filing

The New York Times – Business:
Researchers document $473 million in suspicious transfers from the cryptocurrency exchange.
FTX’s founder was called a modern-day J.P. Morgan. The analogy still works.

The New York Times – Business:
Though one of them failed and the other died rich, both of their careers make the case for central banks.
Investors Who Put $2 Billion Into FTX Face Scrutiny, Too

The New York Times – Business:
Venture capital firms and investment funds showered the failed crypto exchange and its founder with money. There were few strings attached.
FTX Files for Bankruptcy As CEO Sam Bankman-Fried Resigns

The New York Times – Business:
The announcement capped a stunning week that has sent shock waves through the crypto industry.