Por: WPLG Local 10 Politics December 13, 2022
WASHINGTON – The new CEO of the failed cryptocurrency exchange FTX is appearing before a House committee Tuesday, detailing for lawmakers the lack of oversight and financial controls that he discovered since taking over the company a month ago. John Ray III called FTX’s collapse one of the worst business failures he has seen — a “paperless bankruptcy,” fueled by an “unprecedented lack of documentation.”Notably absent from the... + full article
Los Angeles Times USA Entertainment December 19, 2022
Due to an ill-timed high school basketball event (who came up with the idea of a tournament beginning Dec. 26?), our family had to nix our plans to travel this Christmas. In attempts to console me, several friends offered what they considered a silver lining: “At least you... + más
Fact Check: Did woman repeatedly fail to fill gas tank in funny viral clip? | Newsweek
LAX website disrupted after pro-Russia hacking group targets U.S. airports | Los Angeles Times
Fox Business USA Business December 14, 2022
FTX CEO John Ray testified Tuesday that founder Sam Bankman-Fried issued himself loans using company money, part of more than $1 billion in loan disbursements to insiders, Ray said. The collapse of FTX, a once valued at $32 billion — and founder Sam Bankman-Fried's... + más
Will Crypto.com Thrive Or Take A Dive Post-FTX? | Forbes
Larry David ‘right’ about FTX collapse in old Super Bowl commercial, internet claims | New York Post
Forbes USA Business December 14, 2022
AFP via Getty Images Key takeaways Sam Bankman-Fried, founder and CEO of FTX, was arrested Monday evening in the Bahamas. The arrest followed criminal charges filed by U.S. prosecutors and shared with the Bahamian government. Simply named “SBF,” Sam Bankman-Fried is a... + más
Photos show disgraced FTX founder Sam Bankman-Fried cuffed in Bahamas on his way to jail | CNBC
Sam Bankman-Fried said parents’ $16.4M Bahamas house was meant for FTX staff | New York Post
NBC News USA Nation November 19, 2022
FTX’s new CEO said on Saturday that the bankrupt crypto exchange is looking to sell or restructure its global empire, even as Bahamian regulators and FTX squabble in court filings and press releases about whether the bankruptcy filing should proceed in New York or in Delaware.... + más
Exclusive: These Investors Stand To Lose The Most From FTX’s Implosion | Forbes
WPLG Local 10 USA Tech November 16, 2022
NEW YORK – Just days after cryptocurrency's the public is starting to get an idea of how messy FTX's bankruptcy case could be. Other crypto firms are failing as a result of FTX's unraveling, events reminiscent of the domino-like meltdowns of the 2008 financial... + más
Size, scope of FTX failure gets clearer as users fear worst | Associated Press
Forbes USA Business November 11, 2022
Forbes to cover a shortfall of up to $8 billion as customers demand their money back. “I can't make any promises,” he . “But I'm going to try.” Then there are FTX’s investors. As the crypto exchange ballooned in size, it became a huge draw for venture... + más
How $32B crypto company FTX collapsed and sent digital currency reeling | ABC News
New York Post USA Tech November 10, 2022
“Curb Your Enthusiasm” star Larry David’s appearance in a commercial for the is going viral Thursday – with social media users pointing out the comedian’s skeptical stance in the ad was right all along. The ad, which aired during the Super Bowl last February, shows the... + más
Crypto Is Crashing. This Time, Blame FTX and Sam Bankman-Fried | Time
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