Sam Bankman-Fried has 'regret' for not probing $8 billion debt to FTXDuring a second day of cross-examination, the 31-year-old former billionaire said he had thought it "permissible" for his Alameda Research ...
31 Oct, 2023, 11.15 PM IST
Sam Bankman-Fried's trial reveals inside details of how FTX diedWhile the broad contours of FTX's failure are publicly known, the trial has opened a window into high-stakes conversations that unfolded in...
21 Oct, 2023, 12.27 PM IST
Bankrupt FTX Estate to sell Sequoia stake to Abu Dhabi firm for $45 millionAdvisers for FTX are facing a daunting task of raising money from the collapsed crypto exchange’s wreckage to repay creditors
10 Mar, 2023, 09.28 PM IST
FTX judge weighs demand for independent bankruptcy investigationFTX says an examiner would merely duplicate work already being done by FTX, its creditors, and law enforcement agencies.
06 Feb, 2023, 05.01 PM IST
Media startup Semafor plans buyout of Sam Bankman-Fried's investment: reportSemafor is planning to buy out FTX founder Sam Bankman-Fried's roughly $10 million investment in the news startup, the New York Times repor...
18 Jan, 2023, 05.28 PM IST
FTX bankruptcy lawyers say they 'do not trust' Bahamas governmentLiquidators of FTX's Bahamian business, FTX Digital Markets, had asked US Bankruptcy Judge John Dorsey to give them access to the US unit's...
15 Dec, 2022, 08.30 AM IST
FTX secretly funded crypto news site The Block: reportThe report said McCaffrey, who stepped down as the CEO of The Block, received two loans from Alameda Research - Sam Bankman-Fried's trading...
10 Dec, 2022, 01.51 PM IST
FTX ex-CEO Bankman-Fried says he did not know of improper use of customer funds -ABC NewsAsked if he knew whether funds were being funneled to Alamed, FTX's former chief executive officer told ABC: "I did not know that there is ...
01 Dec, 2022, 07.51 PM IST
FTX was run as 'personal fiefdom,' faces hacks, missing assets, attorneys sayIn the highest-profile crypto blowup to date, FTX filed for protection in the United States after traders pulled $6 billion from the platfo...
23 Nov, 2022, 11.57 AM IST
Sam Bankman-Fried faces possible US trip for questioning over FTX collapse: reportSeveral crypto firms have also been bracing for a fallout of the FTX collapse with several counting their exposure in millions to the belea...
16 Nov, 2022, 03.23 PM IST
FTX's Sam Bankman-Fried begged for a rescue even as he revealed huge holes in firm's booksHunkered in his Bahamas apartment, Bankman-Fried toiled through the night, calling some of the world's biggest investors, including Sequoia...
16 Nov, 2022, 02.41 PM IST
How Binance, FTX deal rocked the crypto world and then collapsedFTT, the utility token of the FTX exchange, collapsed by more than 40% Wednesday following a tumble of more than 70% Tuesday. But just abou...
10 Nov, 2022, 05.13 PM IST
Cryptocurrencies plunge as Binance scraps deal for rival FTXBitcoin sank to a two-year low after Binance confirmed earlier rumors and news reports that it was ready to back out of the FTX deal, struc...
10 Nov, 2022, 01.57 PM IST
Binance deal for FTX collapses, crypto worries mountA representative for FTX did not immediately respond to a request for comment, but Chief Executive Officer Sam Bankman-Fried told employees...
10 Nov, 2022, 06.29 AM IST
FTX failure wipes out over $150 billion from crypto m-cap; gloomy road for the rattled investorsCoinDCX Research said that Sam Bankman-Fried’s FTX worries about how FTX's liquidity and solvency problems raised questions about the healt...
09 Nov, 2022, 07.04 PM IST
After Binance, FTX reach deal to address ‘liquidity constraints’, Bitcoin jumps $1,300. Details hereBinance and FTX have reached an agreement to fix the latest "liquidity crunch." Bitcoin was last down by about 1% at $20,513.00, according ...
09 Nov, 2022, 12.06 AM IST
Cryptocurrencies slide as concerns over FTX exchange rattle marketsFTX founder Sam Bankman-Fried said the exchange was "fine" and that concerns were "false rumours". The firm had no immediate comment when c...
08 Nov, 2022, 02.06 PM IST