The Latest Breaking News from FTX

Crypto VC is in turmoil. Where will VCs spend their money?

Stock futures nudge higher as dollar retreats; oil prices steady as OPEC report, demand bets unsettle markets; GameStop edges higher after reports of Carl Icahn short; Zoom slumps after cutting sales outlook in 'challenging' environment and Dell Technologies slips lower as profit outlook clouds solid Q3 earnings.

After growing up amid upper-middle-class affluence in Silicon Valley as the children of two Stanford Law School professors, as a super-smart kid who got into MIT to study physics, Sam Bankman-Fried decided in those teen years that he wanted to save the world in the worst way.

Together, the family, the company and its executives bought nineteen properties over two years

Congress, which has been unable to pass comprehensive crypto legislation, is digging into what happened as regulators try to police the new, mysterious world of virtual currencies with old laws.

Genesis’s comments come days after it halted customer withdrawals due to liquidity difficulties.

This probe is part of the state’s wider investigation into FTX’s multibillion-dollar bankruptcy.

Bloomberg News says the brokerage, which was exposed to FTX, warned investors it could file for bankruptcy if it can't raise fresh cash.

The downfall of crypto exchange FTX starkly displays the ties between those who sell the ideas and those who write the big checks.

The crypto industry remains shaken by the unexpected and brutal downfall of the FTX cryptocurrency exchange.

Less than two weeks ago SBF and Scaramucci embarked on a fundraising trip together in the Middle East. Now, nearly a third of Scaramucci's firm is tied up in bankruptcy proceedings.