Bankruptcies

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‘No Cooperation’: How Sam Bankman-Fried Tried to Cling to FTX

Leave a Comment / Alameda Research LLC, Appointments and Executive Changes, Bankman-Fried, Sam, Bankruptcies, Computers and the Internet, Dexter, Zach, HK FTX Trading Ltd (Futures Exchange), Miller, Ryne, Ray, John J III, Virtual Currency

‘No Cooperation’: How Sam Bankman-Fried Tried to Cling to FTXEmails and text messages show how lawyers and executives struggled to persuade the 30-year-old entrepreneur to give up control of his collapsing crypto exchange.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Yaffe-Bellany Powered by WPeMatico

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BlockFi Files for Bankruptcy as FTX Fallout Spreads

Leave a Comment / Bankruptcies, BlockFi Inc, HK FTX Trading Ltd (Futures Exchange), Regulation and Deregulation of Industry, Virtual Currency

BlockFi Files for Bankruptcy as FTX Fallout SpreadsBlockFi was entangled with FTX, and its stability was thrust into uncertainty after FTX collapsed.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Lauren Hirsch, David Yaffe-Bellany and Ephrat Livni Powered by WPeMatico

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FTX Says Assets ‘Missing’ or ‘Stolen’ as Bankruptcy Process Begins

Leave a Comment / Alameda Research LLC, Bankman-Fried, Sam, Bankruptcies, Cyberattacks and Hackers, HK FTX Trading Ltd (Futures Exchange), Justice Department, Securities and Exchange Commission, Sullivan & Cromwell, Virtual Currency

FTX Says Assets ‘Missing’ or ‘Stolen’ as Bankruptcy Process BeginsA substantial amount of the company’s assets has disappeared, an FTX lawyer told a bankruptcy judge on Tuesday.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Yaffe-Bellany Powered by WPeMatico

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New FTX CEO Calls the Crypto Exchange’s Corporate Control a ‘Complete Failure’

Leave a Comment / Bankman-Fried, Sam, Bankruptcies, HK FTX Trading Ltd (Futures Exchange), Ray, John J III, Virtual Currency

New FTX CEO Calls the Crypto Exchange’s Corporate Control a ‘Complete Failure’“This situation is unprecedented,” said John J. Ray III, who helped manage Enron after its collapse in an accounting fraud scandal in 2001.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Yaffe-Bellany Powered by WPeMatico

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FTX’s In-House Performance Coach Is Just as Surprised as You Are

Leave a Comment / Anxiety and Stress, Bankman-Fried, Sam, Bankruptcies, Drugs (Pharmaceuticals), High Net Worth Individuals, HK FTX Trading Ltd (Futures Exchange), Labor and Jobs, Psychiatry and Psychiatrists, Regulation and Deregulation of Industry, Sequoia Capital, Workplace Environment

FTX’s In-House Performance Coach Is Just as Surprised as You AreGeorge K. Lerner, a psychiatrist who has worked at the collapsed crypto exchange FTX since last year, said he had no knowledge of wrongdoing at the firm.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kevin Roose Powered by WPeMatico

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FTX Files for Bankruptcy as CEO Sam Bankman-Fried Resigns

Leave a Comment / Appointments and Executive Changes, Bankman-Fried, Sam, Bankruptcies, Binance, HK FTX Trading Ltd (Futures Exchange), Securities and Exchange Commission, Virtual Currency

FTX Files for Bankruptcy as CEO Sam Bankman-Fried ResignsThe announcement capped a stunning week that has shocked the crypto industry.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Yaffe-Bellany Powered by WPeMatico

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Investors Who Put $2 Billion Into FTX Face Scrutiny, Too

Leave a Comment / Bankman-Fried, Sam, Bankruptcies, BlackRock Inc, Computers and the Internet, Entrepreneurship, HK FTX Trading Ltd (Futures Exchange), Lightspeed Venture Partners, Regulation and Deregulation of Industry, Ribbit Capital, Secret Inc, Sequoia Capital, SOFTBANK Corporation, Start-ups, Third Point LLC, Venture Capital, Virtual Currency

Investors Who Put $2 Billion Into FTX Face Scrutiny, TooVenture capital firms and investment funds showered the failed crypto exchange and its founder with money. There were few strings attached.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Erin Griffith and David Yaffe-Bellany Powered by WPeMatico

Investors Who Put $2 Billion Into FTX Face Scrutiny, Too Read More »

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