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US Senators Warren, Durbin Probe FTX Collapse
The Democratic senators sent letters to both FTX’s current and former CEO demanding answers about what went wrong at the bankrupt exchange – which they say “appears to be an appalling case of greed and deception.”
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CDCROP: California Memorial Stadium (Kilfmuny/Wikipedia)
UC Berkeley Suspends Stadium Naming Rights Deal With FTX
The 10-year deal is the latest to fall through in the wake of the crypto exchange’s bankruptcy filing.
CDCROP: California Memorial Stadium (Kilfmuny/Wikipedia)

CDCROP: Sam Bankman-Fried sticking his tongue out while at Crypto Bahamas (Danny Nelson/CoinDesk)
FTX Affiliate Alameda Research Loaned $4.1B to Related Parties – Including $1B to Sam Bankman-Fried
Exchange executives Nishad Singh and Ryan Salame also received sizable loans.
CDCROP: Sam Bankman-Fried sticking his tongue out while at Crypto Bahamas (Danny Nelson/CoinDesk)

CDCROP: Kristin N. Johnson Commissioner of Commodity Futures Trading Commission (CoinDesk)
CFTC Has ‘Boots on the Ground’ at FTX Subsidiary LedgerX
Commissioner Kristin N. Johnson said that the regulator is monitoring crypto clearinghouse LedgerX on a “daily if not hourly basis.”
CDCROP: Kristin N. Johnson Commissioner of Commodity Futures Trading Commission (CoinDesk)

CDCROP: AI Artwork Sam Bankman-Fried SBF in Prison concept (Midjourney/CoinDesk)
They Burned Down Crypto. Now They Want a Comeback
Sam Bankman-Fried thinks he can turn things around while his peers Su Zhu and Kyle Davies paint themselves as victims.
CDCROP: AI Artwork Sam Bankman-Fried SBF in Prison concept (Midjourney/CoinDesk)

CDCROP: UK Parliament River Thames London, England (Unsplash)
Binance’s Lack of Transparency on FTX Bid Could Influence UK Lawmakers' Crypto Recommendations: Report
Treasury Committee member Alison Thewliss said Binance's submissions on its role in the collapse of rival crypto exchange FTX were not detailed enough.
CDCROP: UK Parliament River Thames London, England (Unsplash)

CDCROP: Magnifying Glass Focusing Sunlight Into a Spot (MirageC/Getty Images)
‘Proof of Reserves’ Emerges as a Favored Way to Prevent Another FTX
Several exchanges, including Binance, have announced plans to use the auditing technique to reassure customers.
CDCROP: Magnifying Glass Focusing Sunlight Into a Spot (MirageC/Getty Images)

CDCROP: Crypto Exchange FTX Grapples With 'Liquidity Crunch' As Binance Deal Fades (Leon Neal/Getty Images)
Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says
The exchange says it has credible evidence the Bahamas directed unauthorized access to its systems after it filed for bankruptcy in the U.S.
CDCROP: Crypto Exchange FTX Grapples With 'Liquidity Crunch' As Binance Deal Fades (Leon Neal/Getty Images)

CDCROP: High tide brings down the sandcastle (Getty Images)
Post-FTX Meltdown, Regulation-Abiding Companies Can Restore Trust
Adhering to stringent guidelines is less flashy, but will ensure safety and reduce risk.
CDCROP: High tide brings down the sandcastle (Getty Images)

CDCROP: FTX CEO Lauren Remington Platt, Sam Bankman-Fried and Gisele Bündchen (Danny Nelson/CoinDesk)
New FTX Boss Condemns Management of the Crypto Exchange During Sam Bankman-Fried's Tenure
The company concealed the misuse of corporate funds, including buying property in the Bahamas for staff, John Ray said.
CDCROP: FTX CEO Lauren Remington Platt, Sam Bankman-Fried and Gisele Bündchen (Danny Nelson/CoinDesk)