The collapse of FTX, one of the world’s largest cryptocurrency companies, is still sending shock waves through the crypto world.
Crypto
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Kraken, a U.S. cryptocurrency exchange, agreed on Monday to pay more than $360,000 to the Treasury Department to settle accusations of sanctions …
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Business
Crypto Lender BlockFi Files for Bankruptcy as FTX Fallout Spreads
by SITKI KOVALIby SITKI KOVALIBlockFi, a cryptocurrency lender and financial services firm, filed for bankruptcy on Monday, becoming the latest company in the crypto industry …
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In March, eight months before his cryptocurrency empire imploded, Sam Bankman-Fried joined a video call with Gary Gensler, a longtime financial …
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Business
Wall St. Brokers Look to Buy Rights to Assets Trapped on FTX
by SITKI KOVALIby SITKI KOVALIWall Street brokers are circling the ruins of FTX, offering to pay the crypto exchange’s customers pennies on the dollar for the bankruptcy …
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The DealBook newsletter delves into a single topic or theme every weekend, providing reporting and analysis that offer a better understanding of …
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In late 2017, Sam Bankman-Fried, then 25 years old, co-founded Alameda Research, a small trading firm that marked the beginning of his …