Venture capital firms and investment funds showered the failed crypto exchange and its founder with money. There were few strings attached.
Category: Virtual Currency
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FTX Files for Bankruptcy As CEO Sam Bankman-Fried Resigns
The announcement capped a stunning week that has sent shock waves through the crypto industry.
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FTX Spent Big on Sports Sponsorships. What Happens Now?
The cryptocurrency exchange’s sudden collapse puts deals with teams, leagues and counties worth hundreds of millions of dollars in doubt.
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What Happened to FTX? Here’s What to Know.
Binance, the world’s largest cryptocurrency exchange, was set to bail out FTX. Then it pulled out of the deal.
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FTX’s Sam Bankman-Fried Says He Is Trying to Raise More Money
Sam Bankman-Fried told employees that he wanted to reinforce his company’s finances after a collapse that is now drawing scrutiny from regulators.
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FTX Crypto Exchange Boss Says He Is Trying to Raise More Money
Sam Bankman-Fried told employees that he was trying to reinforce his company’s finances days after it collapsed from a bank run.
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Is This Crypto’s Lehman Moment?
Here’s how to make sense of the industry-shaking Binance-FTX deal.
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Binance to Buy FTX in Megadeal of Crypto Exchanges
Binance, the world’s largest cryptocurrency exchange, said it reached a deal to buy one of its biggest rivals, FTX, amid fears that the crypto industry could be entering another meltdown.