‘It just kinda went crazy’: FTX’s lavish spending highlights lack of controls Sam Bankman-Fried’s crypto group showered employees with perks before collapsing into bankruptcy Financial Times · Nov 30, 2022
FTX’s Sam Bankman-Fried says he has just $100,000 in his bank account after running a company that was once worth $32 billion “Am I allowed to say a negative number?” Fortune · Nov 30, 2022
Exclusive: Sam Bankman-Fried says he's down to $100,000 The former CEO tells Axios about what helped lead to FTX's collapse. Axios · Nov 29, 2022
FTX saga shows not all ends justify means In the wake of the collapse of the cryptocurrency exchange FTX, and amid reports that FTX's founder, Sam Bankman-Fried, diverted billions of dollars of clients' funds, some observers have linked the alleged financial malpractice to ideas widely held within the "effective altruism" movement, which Mr Bankman-Fried says inspired him. More… Bangkok Post · Nov 29, 2022
3 Software Stocks to Sell Right Now and 1 to Buy Despite being well-positioned for long-term growth, the application software industry has near-term headwinds to deal with. Hence, avoiding fundamentally weak stocks Robinhood (HOOD), Monday.com (MNDY), and Matterport (MTTR) could be wise, while fundamentally strong software stock Progress Software (PRGS) could be a great buy right now. Continue reading…. StockNews.com · Nov 29, 2022
Sam Bankman-Fried says he donated just as many millions to Republicans as Democrats The former FTX CEO discussed in greater detail donations he made as Democratic Sen. Ron Wyden of Oregon called on crypto exchanges to be more transparent. Fortune · Nov 29, 2022
Beto O’Rourke’s campaign returned surprise $1m donation from controversial crypto billionaire Sam Bankman-Fried Embattled FTX founder was top donor to Democrats in 2022 midterms The Independent UK · Nov 29, 2022
As FTX burned, lawmakers said to be dithering over regulator WASHINGTON — Congress opted to tread water on legislation that would clarify the agency in charge of the cryptocurrency industry, leaving lawmakers now without a regulator to blame for missing the signs of the FTX collapse this month and facing deep skepticism about some proposals. Tribune News Service · Nov 29, 2022
In 2020 Sam Bankman-Fried tweeted about a VC ‘horror story.’ Now that investor reveals what he saw at Alameda Research—and why he walked Alexander Pack said he and his Dragonfly team met with Alameda executives, including Bankman-Fried, more than a dozen times over a five-to-six-month period from 2018 to 2019. Fortune · Nov 29, 2022
As FTX burned, lawmakers said to be dithering over regulator - Roll Call FTX founder Sam Bankman-Fried’s prominence on Capitol Hill is said to have tainted bills deemed too favorable to the cryptocurrency industry. Roll Call · Nov 29, 2022
A founder’s guide to early startup fundraising in 2023 What founders should expect from the VC funding environment, and what to do about it. Fortune · Nov 29, 2022
Sam Bankman-Fried: Crypto’s Wolf of Wall Street City Voices: Crypto still has a great future despite recent scandals Evening Standard · Nov 29, 2022
Beto O’Rourke returned $1 million check from FTX’s Sam Bankman-Fried O’Rourke’s campaign said they gave the money back before the company’s scandals became widely public, because they were taken aback by such a large unsolicited donation. The Texas Tribune · Nov 29, 2022
Digital exchange Bitfront closes for business as crypto winter bites The California based company stopped new customer sign ups at 5am today Evening Standard · Nov 29, 2022
The Guardian - AU · Nov 29, 2022 FTX collapse sends shockwaves through other Australian businesses Withdrawals now suspended at the Brisbane-based cryptocurrency exchange Digital Surge for more than a week
Reason · Nov 28, 2022 Sam Bankman-Fried: Trust Is Everything Ironically, the FTX meltdown is the best illustration yet of why the world needs bitcoin.
Tribune News Service · Nov 28, 2022 ‘Crypto is done’: FTX collapse sends ripple through $78 billion sports sponsorship market Imploded crypto company FTX’s hundreds of millions in sport sponsorships are being called into question and could cause other teams to review their crypto partners.
Tribune News Service · Nov 28, 2022 Crypto lender BlockFi goes bankrupt in aftermath of FTX BlockFi Inc. filed for bankruptcy, the latest crypto firm to collapse in the wake of crypto exchange FTX’s rapid downfall.
Al Jazeera · Nov 28, 2022 Major crypto lender BlockFi files for bankruptcy protection New Jersey-based BlockFi had links with crypto exchange FTX, which filed for bankruptcy protection earlier in November.
ABC News · Nov 28, 2022 $1.4b in superannuation tied up in 'wild west' cryptocurrency as the FTX fallout continues Mum and dad investors including pensioners are facing big losses on their savings, as the ripple effect from the collapse of global cryptocurrency exchange FTX continues.
Fortune · Nov 28, 2022 A VC who’s been panning crypto since 2017 discusses where he’s investing now Ramy Adeeb says his firm, 1984 Ventures, tries to avoid the flavor of the day, whether it’s [hotlink]Google[/hotlink] Glass, 3D printing, virtual reality, autonomous driving, crypto, or the current obsession with generative A.I.
Fortune · Nov 28, 2022 Miami-Dade County will add millions to FTX bankruptcy claim unless the arena naming rights deal with the crypto exchange is terminated If the agreement isn’t terminated by Jan. 1, the county said it will add $5.5 million to its $16.5 million claim in bankruptcy court.
The Guardian - UK · Nov 28, 2022 Crypto lender BlockFi files for bankruptcy after FTX collapse BlockFi announces Chapter 11 bankruptcy filing in US as fall of FTX continues to reverberate across industry
Fortune · Nov 28, 2022 Installation of crypto ATMs hits record low in September as downturn continues The impact of Crypto Winter has spread far and wide.
The Independent UK · Nov 28, 2022 BlockFi files for Chapter 11 bankruptcy protection Cryptocurrency lender BlockFi is filing for Chapter 11 bankruptcy protection as the fallout from the collapse of FTX continues