The Latest Breaking News from Enron

The new CEO of the 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

Founder and CEO of cryptocurrency exchange could not appear before Congress

The former CEO of the failed cryptocurrency firm FTX will testify before a Congressional committee Tuesday, his first appearance under oath since FTX filed for bankruptcy roughly a month ago

Back in 2001, precious few Americans could have explained what Houston-based Enron did as a company and how it got so spectacularly wealthy. But when it filed for a record-breaking bankruptcy, Americans got schooled fast about not putting their trust and money behind swaggering, fast-talking con artists. But fools and…

The crypto industry was already facing a trust deficit, and this has set it back far.

SBF, as Bankman-Fried was often called, says he didn’t commit fraud. But bankruptcy specialists say the findings so far are ‘pretty devastating.’

The mainstream coverage of SBF and FTX is more than a little blasé.

After the crypto firm collapsed, the executive who handled the Enron debacle was brought in – and said he’d never seen anything like it

Lawyers with specialties in digital assets are giving way to experts in restructuring. “There's going to be a lot of work.”

Mounting evidence shows VC firms ignored major warning signs and failed to take basic risk-mitigation steps.

When the Miami Heat announced in March 2021 that the team had sold naming rights for its arena to FTX, the response from sports fans was a resounding: Who?