FTX Bankrupt

Business News

Bankrupt Crypto Firm FTX Is Going to Pay Customers Back in Full — Plus Interest

A majority of customers would get at least 118% of their money back under a proposed plan, as the company now has up to $16.3 billion in cash to use.

Business News

Disgraced FTX Founder Sam Bankman-Fried Says Criminal Charges Were a 'Rush to Judgment.' Now He's Asking the Court to Dismiss Them.

Bankman-Fried has been charged with 13 counts of fraud in connection to his now-bankrupt FTX cryptocurrency exchange.

Growing a Business

If Allegations Against Silicon Valley Bank Are True, The Extent of Corporate Fraud Is Even Worse Than Expected — Here's Why and What That Means for You.

Behavioral economist shares best practices for addressing corporate fraud, as well as some real-world examples of how this issue has affected companies.

Business News

From Enron to Bernie Madoff to FTX, This Oil Tycoon Lost Billions to Bad Investments and Ponzi Schemes

The Belfer family joins those who lost big in the FTX collapse, including Tom Brady and New England Patriots owner Robert Kraft.

Business News

'I Didn't Steal Funds, and I Certainly Didn't Stash Billions Away': Sam Bankman-Fried Speaks for the First Time Since His Arrest

The disgraced FTX founder seemingly laid out his defense in a lengthy blog post as he faces several fraud charges.

Noticias

Tras la caída de FTX, celebridades son demandadas por promocionar criptomonedas

Tom Brady, Gisele Bündchen, Gwyneth Paltrow y David Ortiz son algunos de los famosos que han sido señalados por participar en publicidad engañosa.

News and Trends

FTX Hires Financial Forensic Team To Probe Into the Missing Billions

The new management at FTX has hired financial advisory company AlixPartners to investigate the matter

Business News

Kevin O'Leary Says This Is the 'Safest Place on Earth' to Keep Your Money After FTX Crypto Crash

The 'Shark Tank' star was a spokesperson and investor in the now-bankrupt FTX crypto exchange.

Business News

FTX Collapse Has Nervous Crypto Investors Draining Bitcoin From Exchanges at Near-Record Rates

Ripple effects from FTX include BTC holders losing trust in centralized solutions and opting for self-storage.

Cryptocurrency / Blockchain

FTX's Sam Bankman-Fried Gave Away His Flawed Decision-Making Philosophy Months Ago. A Behavioral Economist Explains.

In March 2022, FTX's Sam Bankman-Fried revealed his dangerous outlook that could have served as a foreboding sign for the devastation to come.

Cryptocurrency / Blockchain

What is Happening In Crypto, What Happened to FTX and What Does It Mean for Web3?

An upheaval of "crypto giants" have ultimately failed to protect consumers, breaking trust in the developing world of Web3. Why is this happening and what is next?