The Latest Breaking News from Alameda

Don't buy in to Sam Bankman-Fried's media apology tour after the collapse of FTX, experts say. "It's stolen customer money," Coinbase CEO says.

Swiftly rising interest rates have punctured the cryptocurrency bubble, exposing fragility, bad governance and even fraud in many corners, most notably at the crypto exchange FTX. And FTX's spectacular collapse comes on the heels of other recent failures in the cryptosphere, such as Terra-Luna, Three Arrows Capital or Voyager Digital.…

The failure of FTX had investors "stampeding like a herd of wildebeest to off-load as much risk as they could,” Ryan Shea, crypto economist at Trakx, tells Fortune.

FTX founder Sam Bankman-Fried defended himself Wednesday against fraud accusations in an interview at the New York Times Dealbook Summit.

Mystery continues to shroud the missing billions at bankrupt crypto exchange FTX after its disgraced founder Sam Bankman-Fried denied trying to perpetrate a fraud while admitting to grievous managerial errors.

“I didn’t ever want to commit fraud on anyone. I was shocked at what happened this month,” Sam Bankman-Fried says.

The founder of the cryptocurrency exchange gives his version of the facts and denies any intention to scam customers.

The former CEO of the failed cryptocurrency exchange FTX says that he did not "knowingly” misuse customers' funds

The fallen founder of the cryptocurrency exchange gave his first interview since the collapse of his empire on November 11.