FTX collapsed. These were the players closest to the implosion.
Tracing the CoinDesk Market Index (CMI) through key news developments in the swift unraveling of billionaire Sam Bankman-Fried's crypto empire shows just how quickly the specu...
The disgraced man-child’s media apology tour may sway the underinformed. But it can only hurt Bankman-Fried where it counts – in the courtroom.
Brett Harrison is trying to raise $6 million at a $60 million company valuation, The Information reported.
Sam Bankman-Fried is a con man and fraudster of historic proportions. But you might not learn that from the New York Times, CoinDesk's Chief Insights Columnist David Z. Morris...
The FTX founder said he unpaused Bahamian FTX withdrawals to “appease” local customers and added his lawyers to the groups of people he said can “go f**k themselves.”
Rostin Behnam, the agency's chairman, did say FTX executives met frequently with the regulator.
FTX’s lawyers say former CEO Sam Bankman-Fried ran the exchange like his own “personal fiefdom,” allowing executives to use customer funds to purchase luxury real estate.
The exploiter had previously drained hundreds of millions of digital assets from FTX on the same day as the embattled crypto exchange filed for bankruptcy protection.
Tom Schmidt noted that more discerning VCs didn't invest in the failed crypto exchange.
An expert review of FTX’s audited financial statements reveals a series of red flag related-party transactions that should have led to more scrutiny of the company’s operation...
John Ray detailed a litany of management failings at the crypto exchange, which collapsed after revelations about its relationship with its trading arm
The regulator said it needed "urgent interim regulatory action" to protect creditors.
Several exchanges, including Binance, have announced plans to use the auditing technique to reassure customers.
The exchange says it has credible evidence the Bahamas directed unauthorized access to its systems after it filed for bankruptcy in the U.S.
The plaintiffs in a class-action suit claim that the heavily-marketed FTX yield-bearing crypto accounts were actually a Ponzi scheme.
Rep. Tom Emmer, a co-chair of the congressional blockchain caucus, was chosen for a leadership role in the next Congress and is bullish on digital assets in the wake of FTX.
Alameda and FTX were built on false asset values driven by deceptive self-dealing. So was America's most notorious corporate fraud.
The real reason why the FTX failure hits so hard is not because the crypto industry was duped, but because it proved that the industry was vulnerable to being duped.
After FTX’s stunning meltdown, many are calling for crypto exchanges to prove they have enough assets in reserve to offset any outstanding liabilities.
FTX filed its first substantive look at the exchange's bankruptcy process days after declaring bank
Lawmakers, regulators and criminal investigators are looking into FTX’s collapse, and Sam Bankman-Fried’s tweets aren’t helping.
Financial police in the Bahamas, where Sam Bankman-Fried's FTX is headquartered, are working with the local securities regulator to investigate if any criminal conduct has occ...
Requiring exchanges to show they have assets to match their liabilities would improve transparency and help to win back public trust in crypto, says Nic Carter.
The U.S. Treasury Secretary said the crypto sector is in need of "very careful regulation" while some lawmakers are already preparing to propose tougher rules.
Insolvent crypto exchange FTX suffered a $400 million exploit late Friday after filing for bankruptcy protection.
The deputy crypto chief of Ukrainian government says war-torn country used FTX only as a fiat on-ramp.
“The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on condition of anonymity.
For an industry built on the principle of decentralization, we had a lot of trust in one 30-year-old. Understanding why is key to a more sustainable future for crypto.
Financier and influencer Sam Bankman-Fried flew exceptionally high during the pandemic-driven crypto bull market. Here’s what led to his fall, and why it matters for the indus...
Staff from FTX Japan and other subsidiaries found out about the insolvency filing on Twitter, CoinDesk was told.
The foundation addressed the fallout of the FTX debacle in a blog post.
Bankruptcy filings attributed to FTX US and Alameda Research estimate each company has $10 billion to $50 billion in liabilities.
FTX’s biggest holding remains its own FTT token, while Alameda’s largest holdings are in USD coin.
The league’s commissioner Rob Manfred said the MLB has “been really religious about staying away from coins,” calling the FTX deal “a meaningful deal for us.”
The 10-year deal is the latest to fall through in the wake of the crypto exchange’s bankruptcy filing.
B2C2, Kairon Labs and a few others had concerns about the exchange and its sister firm Alameda Research before liquidity concerns became headlines.
The Alameda Research and FTX founder believed he had singular insight into how to fix the world's problems. Instead, he wound up exemplifying them.
The troubled exchange's European arm FTX EU has had its license in Cyprus suspended just two months after securing it.
The exchange's Japan and Turkey subsidiaries are slowly allowing customers to withdraw small amounts to their bank accounts.
In an open letter, the team said it was unable to perform their work or process grants and have "fundamental questions" about the legitimacy and integrity of business operatio...
Lawmakers called for financial regulators to investigate the situation and suggested further legislation is needed.
The comments come a day after the firm revealed the exposure in its quarterly earnings.
FTX did not report the recent token burn, which was scheduled on Nov. 7.
Hodlnaut held bitcoin, ethereum and stablecoins on FTX before withdrawals were frozen.
The premium stems from users with trapped assets on FTX putting their money into major tokens in hopes of receiving some recovery value, one observer said.
The trading company's owner tweeted the news on Thursday morning.