Sam Bankman-Fried

BitPay CEO Says Knock-On Effects of FTX’s Collapse Not Yet Clear
BitPay CEO Says Knock-On Effects of FTX’s Collapse Not Yet Clear
November 14, 2022  |  Cryptocurrency

The epic crisis that many observers dreaded in crypto has seemingly come to pass. Right now, there’s mass confusion over who’s exposed to FTX’s spectacular...

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At Least $1B in FTX Funds Reportedly Missing as Global Regulators Move In
At Least $1B in FTX Funds Reportedly Missing as Global Regulators Move In
November 13, 2022  |  Cryptocurrency

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...

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Report: Bahamian Authorities Investigating FTX
Report: Bahamian Authorities Investigating FTX
November 13, 2022  |  Cryptocurrency

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. The...

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FTX’s Enron Parallels Have Implications for Crypto’s Great Regulatory Revamp
FTX’s Enron Parallels Have Implications for Crypto’s Great Regulatory Revamp
November 12, 2022  |  Cryptocurrency

FTX’s former CEO is being replaced by one of the men who oversaw Enron’s bankruptcy proceedings. There’s irony in that news. John J. Ray III,...

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FTX US and Alameda Research Each Have Liabilities of $10B to $50B
FTX US and Alameda Research Each Have Liabilities of $10B to $50B
November 11, 2022  |  Cryptocurrency

FTX-affiliated trading firm Alameda Research and FTX US reportedly each have liabilities of as much as $50 billion.  On the Alameda Research’s bankruptcy filing, it...

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BlockFi Halts Withdrawals in FTX Fallout
BlockFi Halts Withdrawals in FTX Fallout
November 11, 2022  |  Cryptocurrency

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...

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FTX Searching for $9.4 Billion Investment to Avoid Bankruptcy
FTX Searching for $9.4 Billion Investment to Avoid Bankruptcy
November 10, 2022  |  Cryptocurrency

In the wake of the collapse of Binance’s buyout of crypto trading competitor FTX, FTX’s CEO Sam Bankman-Fried has begun the search for new major...

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FTX CEO Says Firm Is Making Its Own Stablecoin
FTX CEO Says Firm Is Making Its Own Stablecoin
October 27, 2022  |  Cryptocurrency

Crypto exchange FTX could soon have its own stablecoin. In an interview published Thursday (Oct. 27) by the French Web3-focused publication The Big Whale, FTX...

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Sam Bankman-Fried’s FTX Asking Backers for Up To $1B at $32B Valuation
Sam Bankman-Fried’s FTX Asking Backers for Up To $1B at $32B Valuation
September 22, 2022  |  Investments

Sam Bankman-Fried is reportedly in talks with investors to follow up a January funding round with a bigger infusion of capital for his cryptocurrency conglomerate...

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