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CDCROP: FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)
Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – and Dated. Other Employees Have Lots of Questions
“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.
CDCROP: FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)

Breaking News Feature Image
Tether Freezes $46M of USDT Held by FTX Following Law-Enforcement Request
The stablecoin lost its $1 peg earlier on Thursday.
Breaking News Feature Image

CDCROP: CZ vs Sam Bankman-Fried (CoinDesk)
Binance Is Strongly Leaning Toward Scrapping FTX Rescue Takeover After First Glance at Books: Source
Backing out would be one more stunning development in the collapse of Sam Bankman-Fried’s crypto empire.
CDCROP: CZ vs Sam Bankman-Fried (CoinDesk)

Dubai. (David Rodrigo/Unsplash)
Dubai Presses for Crypto Companies to Set Up Shop
Crypto firms say the city’s Virtual Assets Regulatory Authority has promised a regulatory framework before the end of the year.
Dubai. (David Rodrigo/Unsplash)

U.S. Capitol Building
Ex-House Speaker, Former Justice Official Join US Policy Crew Assembled by Paradigm
Former lawmakers and officials from both U.S. parties will join academic and political leaders in a new council meant to advise on crypto policy after the midterm elections.
U.S. Capitol Building

CDCROP: Arca CEO Rayne Steinberg (CoinDesk)
Crypto Firm Arca Closed Its Terra-Exposed Digital Yield Fund
The fund was shuttered on Aug. 31 with around $20 million in assets under management, the CEO confirmed.
CDCROP: Arca CEO Rayne Steinberg (CoinDesk)

CDCROP: Founders Mo Shaikh and Avery Ching (Aptos Labs)
Aptos CEO Defends 'Fair' Tokenomics That Prompted Community Backlash
Aptos CEO Mo Shaikh told CoinDesk the token distribution is much fairer than at other projects.
CDCROP: Founders Mo Shaikh and Avery Ching (Aptos Labs)

Bangalore, Karnataka, India (Abdullah Ahmad/Unsplash)
India's Crypto, Web3 Industry Forms New Advocacy Body
A previous organization representing the industry was disbanded earlier this year.
Bangalore, Karnataka, India (Abdullah Ahmad/Unsplash)

FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)
Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet
Alameda had $14.6 billion of assets as of June 30, according to a private document CoinDesk reviewed. Much of it is the FTT token issued by FTX, another Bankman-Fried company.
FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)

CDCROP: Stars Blue Red Cosmos Space (Billy Huynh/Unsplash)
Evmos, Connector of Cosmos and Ethereum Blockchains, Raises $27M in Token Sale
Polychain Capital led the funding raise to accelerate the cross-chain decentralized app platform
CDCROP: Stars Blue Red Cosmos Space (Billy Huynh/Unsplash)