[ad_1] Sam Bankman-Fried, founder of the cryptocurrency exchange FTX, which faced a colossal collapse this year, was arrested in the Bahamas on Monday, and is facing criminal charges in the…
[ad_1] Sam Bankman-Fried’s management of FTX was an “utter failure,” which lacked all levels of financial controls and allowed his family office trading vehicle, Alameda Research, to raid the crypto…
[ad_1] Crypto.com has become the latest exchange to give clients a snapshot of its reserves holdings, as the crypto industry looks to calm jittery investors after the stunning implosion last…
[ad_1] Short selling giant Jim Chanos is still pretty bearish on a number of stocks including Coinbase and Tesla, he said on Thursday. In a Twitter Spaces conversation, Chanos was…
[ad_1] FTX founder Sam Bankman-Fried is being investigated by federal prosecutors over whether he manipulated prices of two cryptocurrencies to benefit his companies, according to a new report, and has…
[ad_1] ARK Invest CEO Cathie Wood says investors are looking at the wrong historical period in making comparisons to the current high inflation environment. “If you go back to the…
[ad_1] A News Corp special board committee considering a potential combination with Fox Corp. said it has been delegated full authority to evaluate the proposal. News Corp said Monday that…
[ad_1] Add the Winklevoss twins to the growing list of crypto evangelists feeling the heat following the multi-billion dollar collapse of the FTX cryptocurrency exchange. Cameron Winklevoss said Monday that…
[ad_1] “‘I think there’s a very open and shut case for fraud’” That was Coinbase COIN, -3.61% CEO and founder Brian Armstrong talking about former FTX CEO Sam Bankman-Fried at…
[ad_1] Saudi Arabia’s crown prince and a U.S. private-equity firm run by Barclays PLC’s BCS, -0.89% former chief executive are among investors preparing to invest $1 billion or more into Credit…
[ad_1] Goldman Sachs Group Inc. traders are facing some end-year bah humbug as the Wall Street bank reportedly plans to reduce their bonuses, despite expectations for strong revenue this year.…
[ad_1] The chairman of the Commodity Futures Trading Commission on Thursday made a plea for more rules governing the crypto industry, as lawmakers are probing what went wrong at the…
[ad_1] Sam Bankman-Fried has convinced at least one person with his media tour following the collapse of the cryptocurrency exchange FTX — the hedge-fund manager Bill Ackman. Bankman-Fried has spoken…
[ad_1] Just hours after filing for Chapter 11 bankruptcy in New Jersey on Monday, cryptocurrency lender BlockFi filed a lawsuit against a holding company by FTX founder Sam Bankman-Fried over…
[ad_1] The Bahamian attorney general defended the island nation’s actions during the collapse of FTX Digital Markets Ltd. and urged patience while authorities investigate the embattled cryptocurrency exchange. In a national address late Sunday,…
[ad_1] Tech giant Apple AAPL, +0.59% is considering buying Manchester United MANU, +25.84%, according to The Daily Star. The British tabloid newspaper, without citing any sources, said Apple’s chief executive…
[ad_1] A research paper published at Harvard University is advocating that central banks should buy bitcoin BTCUSD, +0.33% as a hedge against sanctions by other countries. The paper, titled “Hedging…
[ad_1] “I actually reflect on the FTX situation and I kind of blame myself for tweeting that too late. As an industry, we let FTX get too big before we…
[ad_1] Tesla Inc. shares on Monday were poised to end at a fresh two-year low, with shares of other electric-vehicle makers also underperforming the broader equity market as worries about…
[ad_1] The implosion of crypto exchange FTX is about to come in for more scrutiny in Washington, with a key House committee announcing a hearing and Treasury Secretary Janet Yellen…
[ad_1] The price of Grayscale Bitcoin Trust, which tracks the bitcoin BTCUSD, +2.57% market price, is notably up 7.31%, compared to other cryptocurrencies today. “GBTC was underperforming BTC quite a…
[ad_1] In the second quarter, Michael Burry liquidated nearly his entire portfolio, including tech giants Alphabet and Meta Platforms. In the third quarter, the hedge fund manager at Scion Asset…
[ad_1] Berkshire Hathaway Inc. added positions in materials manufacturer Louisiana-Pacific Corp., investment bank Jefferies Financial Group and chip manufacturer Taiwan Semiconductor Manufacturing Co. Ltd. during the third quarter, according to…
[ad_1] The swift unraveling of cryptocurrency exchange FTX, which culminated in a Chapter 11 bankruptcy announcement on Friday, is raising questions about whether it might produce a spillover into broader…
[ad_1] Alameda Research, a crypto trading firm affiliated with embattled crypto exchange FTX, appears to have shorted the dollar-pegged stablecoin Tether (USDT) on Thursday, according to blockchain data. However, FTX’s…