The fall of the FTX ‘King of Crypto’ Sam Bankman-Fried:
bbc.com/news/technology-63612489
Quick Glance: The humiliation of FTX's Sam Bankman-Fried, the ostensible crypto saviour, is just the beginning.
- On April 27, Sam Bankman-Fried speaks at the Crypto Bahamas conference in Nassau.
- Since then, the market has recovered some of its losses, with bitcoin soaring beyond $17,000 USD.
- It was the stupidity of FTX and its own FTT token, as well as the dubious manner in which the coin was used, that resulted in the large volume of withdrawals that FTX could not handle.
- But if FTX can tumble this far, if Mr. Bankman-Fried the golden child is just as careless, sloppy, and dangerous as the rest of those crypto cowboys, then perhaps no one is perfect in this business.
Story Details
| Last Updated | Nov 13 22 |
| Total Articles | 35 |
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You Can Forget About Crypto Now: The industry’s latest meltdown is not like all the rest.
theatlantic.com/technology/archive/2022/11/sam-bankman-fried-bankruptcy-crypto-ftx/672104/
Sam Bankman-Fried Resigns as Crypto Exchange FTX Files for Bankruptcy: The company went into a shockingly fast death spiral this week.
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Binance halts FTT deposits, CEO says: Cryptocurrency exchange Binance has stopped accepting deposits of FTX's FTT token on its platform ...
reuters.com/technology/binance-halts-ftt-deposits-ceo-says-2022-11-13/
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Previous
You Can Forget About Crypto Now: The industry’s latest meltdown is not like all the rest.
theatlantic.com/technology/archive/2022/11/sam-bankman-fried-bankruptcy-crypto-ftx/672104/
Sam Bankman-Fried Resigns as Crypto Exchange FTX Files for Bankruptcy: The company went into a shockingly fast death spiral this week.
thedailybeast.com/sam-bankman-fried-resigns-as-crypto-exchange-ftx-files-for-bankruptcy
Binance halts FTT deposits, CEO says: Cryptocurrency exchange Binance has stopped accepting deposits of FTX's FTT token on its platform ...
reuters.com/technology/binance-halts-ftt-deposits-ceo-says-2022-11-13/
The fall of the FTX ‘King of Crypto’ Sam Bankman-Fried: How a crypto empire built on video game battles and beanbags came crashing down.
bbc.com/news/technology-63612489
FTX crypto crash: Jeremy Siegel, Larry Summers on Lehman spillover risk: FTX's collapse has sparked fears the repercussions could crash more big players ...
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FTX Was Selling a False Religion: The exchange’s collapse illustrates the nihilism and folly at the heart of crypto.
slate.com/technology/2022/11/ftx-collapse-bankruptcy-sam-bankman-fried.html
El Salvador didn't hold bitcoin on Bankman-Fried's FTX: Binance CEO: "I exchanged messages with President Nayib a few moments ago. He said 'we don't have any ...
markets.businessinsider.com/news/currencies/el-salvador-bitcoin-sam-bankman-fried-ftx-bukele-cz-binance-2022-11
Mercedes Suspends FTX F1 Sponsorship Deal: The Mercedes W13 F1 car will not feature FTX logos for the São Paulo Grand Prix and the foreseeable future.
jalopnik.com/mercedes-suspends-ftx-f1-sponsorship-deal-1849772671
Crypto markets in turmoil over FTX bankruptcy: Crypto exchange FTX filed for U.S. bankruptcy on Friday and Sam Bankman-Fried stepped down as CEO ...
reuters.com/technology/crypto-markets-turmoil-over-ftx-bankruptcy-2022-11-11/
FTX Files for Bankruptcy in Wake of Binance Halting Acquisition, CEO Resigns: The second-largest crypto exchange has had a rocky week.
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The U.S. Department of Justice wants Binance to share why it walked away from FTX acquisition
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theguardian.com/business/2022/nov/12/i-fd-up-the-rise-and-fall-of-us-ftx-crypto-king-sam-bankman-fried
World’s second-largest cryptocurrency firm FTX files for bankruptcy: The company’s Chief Executive Officer Sam Bankman-Fried has also stepped down.
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The humiliation of FTX’s Sam Bankman-Fried, purported crypto saviour, is only the beginning
theglobeandmail.com/investing/markets/inside-the-market/article-ftx-crypto-sam-bankman-fried/
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Crypto markets teeter with FTX after Binance abandons bailout: Cryptocurrency markets nursed heavy losses on Thursday, with bitcoin pinned near a two-year low as ...
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Crypto Exchange Faces Liquidation: Assets Already Frozen: NASSAU. The bad news about the crypto exchange FTX does not stop.
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Cryptocurrency platform FTX goes bankrupt in US: The Chapter 11 filing came at the end of a week in which major cryptocurrencies, including bitcoin ...
news.abs-cbn.com/business/11/12/22/cryptocurrency-platform-ftx-goes-bankrupt-in-us
FTX declares bankruptcy and Sam Bankman-Fried resigns as global regulators encircle the company
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‘Huge Shock to the System’: What the FTX-Binance Drama Means for Crypto Investors
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Will FTX’s Collapse Prove to Be the Big One?: Crypto has experienced blowups before, but none have rocked confidence in the markets quite like this.
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