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The Latest Breaking News from FTXCOM

FTX Unveils Restructuring Plan To Revive As Offshore Entity

Proposed plan includes resolution of claims, recovery pools, and potential restart of offshore exchange.

Zenger

Polyamory, penthouses and plenty of loans: inside the crazy world of FTX

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

The Guardian - UK

FTX Collapse About to Claim First Huge Victim: BlockFi

The crypto lender, which had been bailed out by FTX, is reportedly preparing to file for bankruptcy.

The Street

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

How Binance played a key role as FTX collapse unfolded

Cryptocurrency exchange run by Changpeng Zhao pulled out of deal to rescue its rival

The Guardian - UK

Cryptocurrencies extend losses as FTX commences US bankruptcy

Crypto markets extended losses on Friday morning after FTX Group said it has commenced bankruptcy proceedings in the U.S. and that Sam Bankman-Fried has resigned as chief executive officer.

Tribune News Service

FTX files Chapter 11, SBF resigns

FTX’s filing is the culmination of a stunning week in cryptocurrency.

Axios

VC giant Sequoia writes down $214 million investment in FTX to zero: 'We are in the business of taking risk'

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

Fortune

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Sam Bankman-Fried's FTX empire faces US probe into client funds, lending

U.S. regulators are investigating whether beleaguered crypto-exchange FTX.com mishandled customer funds, and they’re looking into the firm’s relationships with other parts of Sam Bankman-Fried’s crypto empire.

Tribune News Service

Binance deal for FTX collapses

Binance pulled out of the deal after its corporate due diligence and reports of mishandled funds.

Al Jazeera

Binance Drops FTX Acquisition, Cryptos Trade Deep In The Red: 'The Issues Are Beyond Our Control'

Binance walked away from a deal to acquire FTX.com Wednesday after examining the company’s financials.

Benzinga

A tentative crypto deal looks increasingly shaky

Folks are starting to wonder if, after the dust settles, there will be an FTX.com left for Binance to buy.

Axios

Crypto Billionaires and CEOs Can't Be Trusted

The cryptocurrency industry is heading for a crisis of confidence, caused by the statements of one of its most influential players.

The Street

Coinbase Says It's in No Danger of Running Out of Cash

The Street

Analysis: A Tweet Just Cost Investors $153 Billion — How CZ May Have Tanked FTX, Crypto Before Acquisition

A feud between Sam Bankman-Fried and Changpeng Zhao is wreaking havoc on the cryptocurrency market over the last 24 hours.

Benzinga

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news in one place.

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The Street

Binance Emerges as Winner of Crypto Winter With Potential FTX Acquisition

Binance and FTX were two of the strongest companies coming out of a brutal summer for crypto, but now FTX is turning to Binance as it struggles with a “liquidity crunch.”

The Street

Crypto Is in Big Trouble Again

Crypto exchange FTX.com has agreed to sell itself to a competitor, confirming fears over its financial health.

The Street

FTX.com Revives Fears of Crypto Crash

Cryptocurrency exchange FTX.com has agreed to sell to competitor Binance, 48 hours after speculation over its financial health.

The Guardian - UK

Binance to buy FTX in major cryptocurrency exchange merger

Public squabble between the two largest offshore exchanges’ bosses led to run on FTX and forced sale

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news in one place.

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The Street

Crypto Shaken and Threatened By the Clash Between Two Billionaires

Sam Bankman-Fried and Changpeng Zhao are two of the best known faces in the crypto industry.

The Street

Binance To Buy FTX.Com, Cites 'Significant Liquidity Crunch'; Bitcoin Tumbles

"This afternoon, FTX asked for our help," said Binance CEO Changpeng Zhao. "There is a significant liquidity crunch."

Benzinga

Binance To Acquire FTX.com As It Faces 'Liquidity Crunch': Here Are The Early Details

Two of the leading cryptocurrency companies are merging in a deal announced Tuesday. Here are the early details.

Axios

Crypto exchange Binance to acquire rival FTX

The largest exchange in the world is buying a fast-growing competitor that faced a liquidity crunch.

The Street

Robinhood Finds a Way Out of Its Problems

The brokerage of Gen Z and millennials has been climbing the slope since July, after a plunge which raised fears for the worst.

The Street

Crypto: Customers of Bankrupt Lender May Get their Money Back Soon

Voyager Digital recently filed for Chapter 11 bankruptcy, victim of the liquidation of a hedge fund to which it had lent large sums of money.

The Street

Crypto Warning From Within: Billionaire Says More Bad News Ahead

The crypto industry is currently undergoing a truth test that will determine which projects are viable

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