The Latest Breaking News from FTX

Years of hesitation on digital asset legislation helped create the conditions for yet another crypto calamity.

One of the most successful VC firms of all time invested in FTX in July 2021, when it was valued at $18 billion.

"I was slammed with things to do and didn't give updates to you all. And so we are where we are. Which sucks, and that's on me. I'm sorry.”

The former Treasury secretary said the tech sector “has over-extrapolated from past success to believe that trees grow to the sky."

International exchange for crypto assets is in effect unregulated – and may have been built on sand

FTX is a lot like Lehman Brothers—minus the government having its back.

FTX's founder and CEO was apologetic, but not terribly forthcoming.

The cryptocurrency market continued its downward trajectory on Thursday morning, reeling under the implications of a failed deal between cryptocurrency exchange Binance and its rival FTX, with prices of major digital assets, including altcoins, trading at levels not seen

Bloomberg

Life in the cryptocurrency industry is rarely quiet for long, and after a tumultuous summer, it seems the market is now entering a “crypto winter”. Over the past week, the founders of two of the largest cryptocurrency exchanges – Binance and FTX – have had a public Twitter spat that…

Bankman-Fried apologized to investors and said he would be “incredibly, unbelievably grateful” if they could help out.