FTX stake in US bank raises concerns about banking loopholes

The Alameda investment was more than double the bank’s value of $5.7 million, reported The New York Times. FTX’s ownership in Moonstone is seen as a move to bypass the requirements of owning a ... Read More

The Hot New Market in Crypto? Trading FTX’s Carcass.

Investors are spending hundreds of millions of dollars on FTX bankruptcy claims, betting that the firm’s new leaders will recover the money that Sam Bankman-Fried misappropriated. Read More

The Fall of FTX’s Sam Bankman-Fried Puts Crypto Industry on Edge ...

Lam Yik Fei for The New York Times. ... As news spread of FTX’s collapse, crypto markets took ... “There can’t be a ‘run on the bank’ at Coinbase,” Alesia Haas, that U.S. crypto ... Read More

Small Investors Who Jumped Into Crypto on FTX Say, Now What? - The New ...

Many small investors who piled into cryptocurrencies on FTX, BlockFi and other platforms are recognizing the perils of investing in an unregulated industry. By Matthew Goldstein In early November ... Read More

FTX’s Blowup Reinvigorates Push for New US Crypto Legislation

The head of the Senate Banking Committee urged Treasury Secretary Janet Yellen to work with lawmakers to craft crypto legislation that tackles risks exposed by FTX’s spectacular collapse. “As ... Read More

Why the Crypto Collapse Matters - The New York Times

Erika P. Rodriguez for The New York Times. By ... Now he’s a pariah, and he brought all of the crypto industry under scrutiny. 2. FTX’s collapse ... The latecomer’s guide to crypto. THE ... Read More

Former FTX US president raises $5M for new crypto software firm

1/49 Many have asked questions about my time at FTX US and why I left when I did. As I indicated earlier this week, I’m happy to begin sharing my experiences and perspective publicly. — Brett ... Read More

The Crypto Industry Struggles for a Way Forward - The New York Times

In interviews with The New York Times, he has at times seemed agonized over FTX’s bankruptcy — and at times been strikingly flippant. “You know,” he said in one interview, “the crypto ... Read More

FTX Used ‘Old-Fashioned Embezzlement,’ New CEO Testifies

At a news conference on Tuesday, Damian Williams, the U.S. attorney for the Southern District of New York, said the investigation into FTX was “very much ongoing” and “moving very quickly.” ... Read More