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The Latest Breaking News from Sam Bankman-Fried

Australian investors in limbo after collapse of FTX cryptocurrency exchange

Australians who invested in the FTX cryptocurrency exchange are unable to withdraw their funds as the company's local arm goes into voluntary administration.

ABC News

CZ Slams Reports Binance's Reserves Are Full Of Its Own Tokens: 'Numbers Are All Wrong'

Binance CEO Changpeng Zhao on Friday came down heavily on a report the cryptocurrency exchange holds $74.6 billion in tokens, out of which nearly 40% are its own stablecoin

Benzinga

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

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What's Going To Happen To All The Companies FTX Bought?

FTX founder and former CEO Sam Bankman-Fried announced via Twitter Friday that FTX US, FTX Trading, quantitative research firm Alameda Research and 130 additional affiliated companies to the FTX Group have commenced

Benzinga

Crypto company that faces scrutiny from Texas regulators files for bankruptcy after competitor questioned its viability

FTX’s collapse came after customers raced to cash out their deposits when a major competitor questioned its viability and declined to buy the company in a bailout deal.

The Texas Tribune

Distressed crypto exchange FTX files for bankruptcy

The trading platform had been struggling to raise billions in funds to stave off collapse after a wave of withdrawals.

Al Jazeera

Crypto Crash: Canadian Retirees Burn Their Fingers in Bitcoin

Ontario Teachers' Pension Plan, Canada's third-largest pension fund, was also an investor in FTX, the popular cryptocurrency exchange that filed for bankruptcy on Friday. The pension fund invested $75 million in FTX International and its U.S. entity, FTX.US, in October ...

The Street

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FTX founder Sam Bankman-Fried says he was "shocked" at how fast things unraveled

The founder makes a statement after resigning as CEO and entering FTX into bankruptcy.

Fortune

Cryptocurrency platform FTX goes bankrupt in US, boss resigns

New York (AFP) - Crisis-struck cryptocurrency platform FTX has gone bankrupt in the United States and its chief executive Sam Bankman-Fried has resigned, it said Friday, the latest blow in a saga that has reverberated across the digital currency landscape.

AFP

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 Bankruptcy A 'Shock', Says Ousted CEO Sam Bankman-Fried

"I'm piecing together all of the details, but I was shocked to see things unravel the way they did earlier this week," said Sam Bankman-Fried.

The Street

FTX Files For Bankruptcy, Sam Bankman-Fried Resigns; Bitcoin Falls

FTX and most of its subsidiaries officially filed for Chapter 11 bankruptcy protections Friday, while CEO Sam Bankman-Fried resigned.

Investors Business Daily

FTX crypto exchange, billions of dollars low and under DOJ scrutiny, seeks bankruptcy

FTX had agreed earlier this week to sell itself to bigger rival Binance after experiencing the cryptocurrency equivalent of a bank run. The Department of Justice and the SEC are investigating.

WEKU

Crypto Billionaire Bankman-Fried's Huge Fortune Plummets to $0

Sam Bankman-Fried, 30, still had a net wealth valued at $15.6 billion on November 8.

The Street

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The Guardian - UK

Cryptocurrency exchange FTX files for bankruptcy protection in US

Founder Sam Bankman-Fried resigns as CEO and tells of shock ‘to see things unravel the way they did’

The Independent UK

Embattled crypto exchange FTX files for bankruptcy

Embattled cryptocurrency exchange FTX, short billions of dollars, is seeking bankruptcy protection following its collapse this week

The Street

Tom Brady and Steph Curry's Crypto Firm Is Bankrupt

FTX, a major cryptocurrency exchange, just filed for Chapter 11 bankruptcy after a turbulent week.

Benzinga

TRON Founder Justin Sun Prepared To Pump Billions In FTX

Tron is prepared to pump in billions to rescue beleaguered cryptocurrency exchange FTX, the company’s founder Justin Sun said on Friday.

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news in one place.

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Fortune

Sam Bankman-Fried resigns as FTX files Chapter 11 bankruptcy

The cryptocurrency exchange ends a messy week.

Benzinga

How CoinFlip Bitcoin ATMs Are Onboarding New Users To Web3 Throughout The Crypto Winter

More major disappointment and failure has beset the crypto space this week.

The Street

FTX Latest: Regulators Close-In, Sponsor Deals Die, Bitcoin Resumes Slide

FTX could close its U.S. operations within days, the group warned late Thursday, as it scrambles to find around $9 billion to save the collapsing crypto-trading empire of Sam Bankman-Fried.

The Street

Crypto Crash: There Were Red Flags But No One Sounded the Alarm

The sudden fall of FTX, the cryptocurrency exchange, on November 8, sounded like an explosion in the crypto industry.

The Street

Stock Market Today: Stocks End Higher Following up on Big Gains

Stocks rose for a second day after their biggest gain in two-and-a-half years Friday as traders pare bets on big Fed rate hikes and China eases a portion of its strict Covid policies.

The Street

Understanding the FTX Scandal That Threatens Bitcoin, Crypto

The crypto industry has been shaken by an unprecedented crisis, which has struck down one of the most influential players.

Fortune

What happens to the FTX empire’s 200+ crypto investments now?

SBF’s entities had their hands in everything, from stablecoin issuer Circle to investment firm SkyBridge Capital. What happens to those now?

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