FTX

Financially Linked to FTX, BlockFi Eyes Chapter 11
Financially Linked to FTX, BlockFi Eyes Chapter 11
November 15, 2022  |  Cryptocurrency

BlockFi, a digital asset lender that received a bailout from FTX earlier this year and which has significant exposure to the exchange and its associated...

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Berkshire Hathaway’s Munger: Crypto is a ‘Delusion’
Berkshire Hathaway’s Munger: Crypto is a ‘Delusion’
November 15, 2022  |  Cryptocurrency

Berkshire Hathaway Vice Chairman Charlie Munger has restated his contempt for the cryptocurrency industry in the wake of FTX’s collapse. “It’s partly fraud and partly delusion,” the 98-year-old billionaire...

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Report: FTX Founder Tries to Raise Cash Amid Bankruptcy
Report: FTX Founder Tries to Raise Cash Amid Bankruptcy
November 15, 2022  |  Cryptocurrency

The cryptocurrency exchange he launched may be broke and under investigation, but FTX founder Sam Bankman-Fried is still hoping to raise enough cash to cover...

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Unstable Stablecoins Clear Path for Banks to Step In
Unstable Stablecoins Clear Path for Banks to Step In
November 15, 2022  |  Cryptocurrency

The cryptocurrency-flameouts this week have revealed hard truths about privately-issued stablecoins: They’re anything but stable. They’re no safe haven from turmoil. They may not be...

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The Bahamas Appoints Liquidators for FTX
The Bahamas Appoints Liquidators for FTX
November 15, 2022  |  Regulation

The Securities Commission of the Bahamas — the country in which now-bankrupt cryptocurrency exchange FTX is headquartered — has announced the appointment of liquidators for...

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FTX Faces 1M Creditors as Investigators Close In
FTX Faces 1M Creditors as Investigators Close In
November 15, 2022  |  Cryptocurrency

The downfall of crypto trading platform FTX has triggered a worldwide regulatory investigation and could leave the company dealing with more than one million creditors....

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Turkey Probes FTX’s Local Crypto Business and Ties
Turkey Probes FTX’s Local Crypto Business and Ties
November 14, 2022  |  Cryptocurrency

Turkey has joined the many jurisdictions around the world that are investigating crypto exchange FTX after its collapse.  The country’s Financial Crimes Investigation Agency is...

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Report: DOJ Investigates FTX Collapse and Handling of Customer Funds
Report: DOJ Investigates FTX Collapse and Handling of Customer Funds
November 14, 2022  |  Regulation

The U.S. Attorney’s Office for the Southern District of New York is reportedly investigating the collapse of cryptocurrency exchange FTX as well as the firm’s...

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Chronology of a Crypto Crash: FTX’s Prince to Pauper Meltdown
Chronology of a Crypto Crash: FTX’s Prince to Pauper Meltdown
November 14, 2022  |  Cryptocurrency

The aftershocks of the once-popular crypto exchange FTX’s recent and rapid demise last week continue to reverberate throughout the crypto and VC industries, rattling investor...

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