bankruptcy

FTX’s First Day in Court: ‘Personal Fiefdom of Sam Bankman-Fried’

FTX’s First Day in Court: ‘Personal Fiefdom of Sam Bankman-Fried’
FTX’s First Day in Court: ‘Personal Fiefdom of Sam Bankman-Fried’
November 22, 2022  |  Cryptocurrency

Almost a full two weeks after first filing for bankruptcy on Nov. 11, the insolvent cryptocurrency exchange FTX finally held its first-day motion requests on...

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Crypto Contagion Sends Coins and Companies Tumbling
Crypto Contagion Sends Coins and Companies Tumbling
November 22, 2022  |  Cryptocurrency

FTX continues to be an industry “market maker” from beyond the grave, as the realities of entangled counterparty risk rear their heads throughout the cryptocurrency...

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Alameda Co-CEO Compared Crypto Trading With Gambling in Twitter Thread 
Alameda Co-CEO Compared Crypto Trading With Gambling in Twitter Thread 
November 22, 2022  |  Cryptocurrency

The former Co-CEO of Alameda Research reportedly enjoyed poker and blackjack and applied what he learned to the firm’s cryptocurrency trading.  Get the Full Story...

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FTX Uncovers $1.24B in Cash Ahead of Bankruptcy Hearing
FTX Uncovers $1.24B in Cash Ahead of Bankruptcy Hearing
November 22, 2022  |  Cryptocurrency

New managers at cryptocurrency exchange FTX have found the company and its affiliates have $1.24 billion in cash — more than what debtors had previously...

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FTX Bankruptcy Hearing to Start in US Court as Creditors Wait for Answers
FTX Bankruptcy Hearing to Start in US Court as Creditors Wait for Answers
November 21, 2022  |  Cryptocurrency

It has not been a pleasant month for troubled crypto trading platform FTX, which until recently was one of the largest industry players. Get the...

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Alameda Research Made Loans to Sam Bankman-Fried and FTX Execs 
Alameda Research Made Loans to Sam Bankman-Fried and FTX Execs 
November 17, 2022  |  Cryptocurrency

FTX-affiliated trading firm Alameda Research reportedly made $4.1 billion in combined loans to “related parties,” with the majority going to then-FTX CEO Sam Bankman-Fried, one...

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New CEO Says FTX’s ‘Complete Failure’ Worse Than Enron
New CEO Says FTX’s ‘Complete Failure’ Worse Than Enron
November 17, 2022  |  Cryptocurrency

Despite 40 years of corporate restructuring experience, John J. Ray said he’s never seen a company as badly run as fallen cryptocurrency exchange FTX. Get...

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FTX Founder: Filing for Bankruptcy Was Bad Move
FTX Founder: Filing for Bankruptcy Was Bad Move
November 17, 2022  |  Cryptocurrency

The founder of fallen cryptocurrency giant FTX says his company’s decision last week to declare bankruptcy was a mistake. Get the Full Story Complete the...

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