A number of high-profile celebrities, including comedian Larry David and tennis star Naomi Osaka, are suffering a hit to their reputations after endorsing the bankrupt crypto exchange FTX. Now, their pocketbooks also could take a hit. On Wednesday, Oklahoma man Edwin Garrison filed a ...Read More

In the latest fallout from FTX’s rapid collapse last week, the lending arm of the crypto investment bank Genesis Global Trading is pausing new loan originations and redemptions, the company announced in a thread of tweets Wednesday. The lending arm of the bank serves an institutional client base and ...Read More

Calling the collapse of cryptocurrency exchange FTX “a dumpster fire,” House lawmakers called on U.S. bank regulators Wednesday to step of oversight of the industry as they investigate just how Sam Bankman-Fried’s $32 billion company collapsed within a matter of days. “There is no ...Read More

Elon Musk said in court Wednesday that he does not want to be the CEO of any company. He recently acquired social media giant Twitter and appointed himself as the CEO, adding to his responsibilities as the CEO and “technoking” of electric vehicle maker Tesla, and CEO and ...Read More

U.S. prosecutors in New York are probing FTX’s collapse, a source with knowledge of the investigations said, after the crypto exchange filed for bankruptcy protection last week following a rush of customer withdrawals. The Justice Department, Securities and Exchange Commission and Commodity Futures Trading Commission are ...Read More

Most of FTX’s legal and compliance staff quit Tuesday evening, people familiar with the matter told Semafor. Their departure will likely complicate a still-tenuous rescue of the crypto exchange, which yesterday agreed in principle to sell itself to a rival, Binance. That deal remains ...Read More

This day of Nov. 8, Sam Bankman-Fried will never forget it. The young 30-year-old billionaire was just before that day considered the tutelary figure of the crypto sphere. A sort of godfather to turn to when things go wrong. He owed this image to his tour ...Read More