Already facing scrutiny from regulators around the world, collapsed crypto exchange FTX is now dealing with a new problem: the disappearance of at least $1 billion in customer funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
With crypto exchange FTX under multiple investigations in the wake of its bankruptcy filing on Friday (Nov. 11), regulators around the world are reevaluating the way they look at digital asset regulation. Get the Full Story Complete the form to unlock this article and enjoy...
Bahamas-based crypto exchange FTX’s troubles continued this weekend with reports that police and regulators in the Caribbean nation had interviewed former CEO Sam Bankman-Fried. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
FTX’s former CEO is being replaced by one of the men who oversaw Enron’s bankruptcy proceedings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Cryptocurrency brokerage Genesis will reportedly get an equity infusion of $140 million from its parent company to strengthen its balance sheet after saying its derivatives business has $175 million locked in a trading account of FTX, which has filed for bankruptcy protection. Get the Full...
FTX-affiliated trading firm Alameda Research and FTX US reportedly each have liabilities of as much as $50 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
The FTX blowup and bankruptcy will reshape the crypto industry. That much is certain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
FTX Group companies have filed for bankruptcy protection after a tumultuous week that included news of a liquidity crisis, investigations by United States regulators and the swift cancellation of a possible acquisition by rival cryptocurrency exchange Binance. Get the Full Story Complete the form to...
In the first major collateral casualty of the collapse of FTX, BlockFi announced via a tweet in the early hours of Friday (Nov. 11) morning that it is pausing client withdrawals and limiting platform activity. Get the Full Story Complete the form to unlock this...
