Por: Forbes Business November 11, 2022
Topline Embattled cryptocurrency exchange FTX announced on Friday morning it has commenced Chapter 11 bankruptcy proceedings and that its former billionaire CEO Sam Bankman-Fried has resigned from the company following a liquidity crisis that forced a sudden unraveling of the exchange at one point worth $32 billion. The announcement comes one day after Bankman-Fried said he f ked up, and should have done better.Virgile Simon Bertrand for Forbes... + full article
MarketWatch USA Business November 12, 2022
The company said Friday that Bankman-Fried had resigned as CEO and would be replaced by John J. Ray III, a lawyer who worked on Enron’s bankruptcy. One major piece of collateral damage in the debacle: the philanthropic entities that Bankman-Fried started to improve... + más
The collapse of crypto firm FTX and its superstar founder explained: Here's what happened and what it all means | Business Insider
‘I f–ked up’: FTX’s Sam Bankman-Fried makes profanity-laced apology as collapse looms | New York Post
Business Insider USA Business November 12, 2022
If you've been paying attention to the finance world this week, you've likely been sifting through alphabet soup: SBF. FTX. FTT. Maybe even SEC.Confused yet? The short story is that crypto tycoon Sam Bankman-Fried and the company he founded, FTX, spectacularly... + más
Larry David ‘right’ about FTX collapse in old Super Bowl commercial, internet claims | New York Post
How $32B crypto company FTX collapsed and sent digital currency reeling | ABC News
Forbes USA Business November 11, 2022
Guerin Blask/The Forbes Collection Note: This story was updated on Thursday, November 10, to include posted by Sam Bankman-Fried. that showed that at least $5.8 billion of the assets on the balance sheet of Bankman-Fried’s trading firm, Alameda Research, were actually tied to... + más
Crypto Billionaire Bankman-Fried Confirms He Talked With Musk About Joining Twitter Deal | Forbes
Sam Bankman-Fried And Three FTX Executives Received $4.1 Billion Of Loans From Alameda Research: Where Did The Money Come From And Where Did It Go? | Forbes
Fox Business USA Business November 11, 2022
Coinbase CFO Alesia Hass discusses the chaos surrounding crypto exchange FTX and if there are any suitors ready to buy the distressed company on 'The Claman Countdown.' In the span of just one week, FTX went from being the world's third-largest cryptocurrency... + más
CNBC USA Tech November 11, 2022
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022.Jeenah Moon Bloomberg Getty ImagesSam Bankman-Fried's... + más
New York Post USA Tech November 10, 2022
Embattled FTX founder and CEO Sam Bankman-Fried delivered a profanity-laced public apology Thursday as his cryptocurrency exchange FTX’s future was in grave jeopardy after rival platform Binance decided to nix a nonbinding deal to bail out the platform from a liquidity crisis.... + más
Ahead Of His Crypto Firm’s Cash Crunch, Billionaire Sam Bankman-Fried Spent Tens Of Millions On Politics | Forbes
“I fucked up,” says FTX founder in public apology | The Verge
Forbes USA Business November 09, 2022
Sam Bankman Fried, cofounder of FTX, photographed by Guerin Blask for Forbes in September 2021. Guerin Blask/Forbes CollectionGuerin Blask/The Forbes Collection The crypto billionaire and two of his deputies poured nearly $69 million into the 2022 midterm elections. That... + más
FTX's Sam Bankman-Fried backs down from 'dumb quote' about giving $1 billion to political races | CNBC
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