Por: NBC News Business November 18, 2022
It’s a collapse that some have called crypto’s “Lehman moment.” The bankruptcy of the crypto giant FTX and the resignation of its founder, Sam Bankman-Fried, has left customers in limbo and investors writing off what once looked like the next big thing in tech. And it happened in a matter of days. But in the complex world of crypto, such a collapse can be hard to parse. Here’s the basics of what went down: What is FTX? FTX is a digital... + full article
New York Post USA Business November 22, 2022
Sam Bankman-Fried treated FTX like a “personal fiefdom,” as he and a handful of associates looted the now-defunct crypto exchange’s coffers to fund an epic spending spree that included a $300 million splurge on Bahamas real estate, lawyers for the company claimed. FTX’s... + más
Founder ran FTX as “personal fiefdom”; many assets stolen or missing, court hears | Ars Technica
FTX’s Sam Bankman-Fried cashed out $300M after fundraising round: report | New York Post
New York Post USA Tech November 19, 2022
Disgraced former FTX CEO Sam Bankman-Fried reportedly gave himself a $300 million windfall last year when his then-red-hot cryptocurrency exchange secured a massive fundraising round. FTX raised $420,690,000 million from 69 different investors – both numbers clear nods to meme... + más
The collapse of crypto firm FTX and its superstar founder explained: Here's what happened and what it all means | Business Insider
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
Forbes USA Business November 18, 2022
Stephanie Jones for Forbes; Photo by Lam Yik/Bloomberg Bankruptcy filings released Thursday morning detailed billions in loans to Bankman-Fried, including to an entity he controlled. Here’s where at least some of that money likely went. FTX bankruptcy filings released... + más
Between $1 billion to $2 billion of FTX customer funds have disappeared, SBF had a secret 'back door' to transfer billions: Report | CNBC
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
‘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
CNBC USA Tech November 12, 2022
Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021.Lam Yik Bloomberg Getty ImagesAs Sam Bankman-Fried's , that between $1 billion to $2 billion of customer funds have vanished from the failed crypto exchange.Both... + más
FTX confirms 'unauthorized transactions' as $1B in crypto reportedly vanishes | Fox Business
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
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