Emails and text messages show how lawyers and executives struggled to persuade the 30-year-old entrepreneur to give up control of his collapsing crypto exchange.
Tag:
Ftx
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The collapse of FTX, one of the world’s largest cryptocurrency companies, is still sending shock waves through the crypto world.
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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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When his cryptocurrency exchange started teetering in early November, Sam Bankman-Fried went on Twitter to calm everyone down. FTX was fine, he …
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Business
Inside Sam Bankman-Fried’s Quest to Win Friends and Influence People
by SITKI KOVALIby SITKI KOVALIIn May, the founder of a Chicago nonprofit that works with recently incarcerated people got an email from the father of Sam Bankman-Fried …
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technology
FTX Assets Still Missing as Firm Begins Bankruptcy Process
by SITKI KOVALIby SITKI KOVALILawyers for the collapsed cryptocurrency exchange FTX on Tuesday painted a grim picture of the firm’s finances and the odds of recovering assets …
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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 …
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