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The Latest Breaking News from Alameda Research

‘It just kinda went crazy’: FTX’s lavish spending highlights lack of controls

Sam Bankman-Fried’s crypto group showered employees with perks before collapsing into bankruptcy

Financial Times

FTX Collapse: Bankman-Fried Has 2 Golden Chances to Defend Himself

The fallen founder of the cryptocurrency exchange gives two interviews on November 30 and December 1.

The Street

In 2020 Sam Bankman-Fried tweeted about a VC ‘horror story.’ Now that investor reveals what he saw at Alameda Research—and why he walked

Alexander Pack said he and his Dragonfly team met with Alameda executives, including Bankman-Fried, more than a dozen times over a five-to-six-month period from 2018 to 2019.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Beto O’Rourke returned $1 million check from FTX’s Sam Bankman-Fried

O’Rourke’s campaign said they gave the money back before the company’s scandals became widely public, because they were taken aback by such a large unsolicited donation.

The Texas Tribune

Crypto lender BlockFi goes bankrupt in aftermath of FTX

BlockFi Inc. filed for bankruptcy, the latest crypto firm to collapse in the wake of crypto exchange FTX’s rapid downfall.

Tribune News Service

Crypto Lender BlockFi Goes Bankrupt

The contagion of the fall of the FTX cryptocurrency exchange has begun.

The Street

FTX Collapse: Bankman-Fried Will Receive Zero Dollars

The founder of the bankrupt cryptocurrency exchange lost his entire fortune.

The Street

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FTX Collapse: Bankman-Fried May End Up in Jail, Says Mark Cuban

The founder of the cryptocurrency exchange has become a persona non grata.

The Street

FTX Collapse: Binance Stores $2 Billion to Save Struggling Firms

The world's largest cryptocurrency exchange and its founder Changpeng Zhao pose as saviors of the crypto industry.

The Street

FTX Collapse: Bankman-Fried Regrets Filing For Bankruptcy

The cryptocurrency exchange founder says his empire could have survived.

The Street

FTX Collapse: 'Emperor' Bankman-Fried Had No Clothes

The regime of the founder of the cryptocurrency exchange was discussed in court on November 22.

The Street

Bitcoin Bounces, Crypto Broker Attempts To Bypass Bankruptcy

Bitcoin fell Monday on fears Grayscale Bitcoin Trust could be hit by Digital Currency Group's liquidity crunch as Genesis warns of bankruptcy

Investors Business Daily

Timeline of Cryptocurrency Exchange FTX's Epic Collapse

The FTX cryptocurrency exchange was valued at $32 billion in February. It imploded within days, causing one of the biggest financial fiascos of the decade.

The Street

Bankman-Fried's FTX Was a Wild West And a Personal Bank

Sam Bankman-Fried's crypto empire was a kleptocurrency exchange, where management and employees were allowed almost everything.

The Street

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The Street

FTX Collapse: Elon Musk Takes on a Silicon Valley Powerhouse

Tesla CEO believes big investors have some responsibility for the FTX debacle.

The Street

FTX Collapse: Bankman-Fried and His Ties to Democrats

Sam Bankman-Fried attempted to gain politicial clout by making donations among Democrats who now want an investigation into his company.

Fortune

How FTX's own token was the final nail in its coffin

“In the current crypto atmosphere, investors are right to ask questions of exchanges that have tokens, because they don't know what the exchange is doing behind the scenes,” Bitwise CIO Matt Hougan told Fortune.

Salon

FTX collapse a warning to crypto bros

Crypto exchange FTX was valued at more than $30 billion just weeks ago. Now it's in bankruptcy proceedings

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news in one place.

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The Street

Fallen FTX Was the Wild West

Sam Bankman-Fried's crypto empire was a kleptocurrency exchange, where management and employees were allowed almost everything.

The Street

Fallen FTX Was the Wild West Run By Unscrupulous Cowboys

Sam Bankman-Fried's crypto empire was a kleptocurrency exchange, where management and employees were allowed almost everything.

The Street

Fallen FTX Misused Customers' Money

John Ray, the new CEO in charge of the restructuring, confirmed the existence of a software which made it possible to hide illicit practices.

Investors Business Daily

New CEO Slams Bankman-Fried As FTX Bankruptcy Impact Spreads

New FTX CEO slams Sam Bankman-Fried for "complete absence of trustworthy financial information" as more crypto firms report liquidity issues

The Conversation

Dramatic collapse of the cryptocurrency exchange FTX contains lessons for investors but won't affect most people

In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022, the second-largest cryptocurrency exchange, FTX, was valued at more than US$30 billion. By Nov. 14, FTX was in bankruptcy proceedings along with more than 100…

The Street

Fallen FTX Founder Bankman-Fried Plays the Victim

Sam Bankman-Fried is trying to absolve himself of the practices that led to the bankruptcy of his empire.

Fortune

Exclusive: Leaked documents Sam Bankman-Fried used for fundraising in 2021 and 2022 show FTX revenue soared nearly 6,600% in two years but leveled off this year

Fortune reviewed two sets of spreadsheets, one dated December 2021 and another dated June 22, 2022, that showed FTX's astounding growth before its sudden crash.

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