[ad_1] A substantial amount of FTX’s assets are either missing or stolen, a lawyer for the failed crypto exchange said in court, vowing to cast a wide net to secure potentially billions of dollars in funds that passed through the firm he called the “personal fiefdom” of co-founder Sam Bankman-Fried. Tuesday’s hearing marked an inflection […]
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[ad_1] Markets Currencies Cryptocurrency ‘My blood is boiling.’ Some were optimistic a week ago. Now they are increasingly losing hope. [ad_2] Source link Source link
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[ad_1] Nearly three-quarters of the $420 million that FTX raised in a fundraising blitz last year went to founder Sam Bankman-Fried, who sold some of his personal stake in the company. [ad_2] Source link Source link
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[ad_1] The crypto exchange exhibited a “complete failure of corporate controls,” former Enron chief John Ray said in his first detailed filing with the bankruptcy court. [ad_2] Source link Source link
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[ad_1] What started as a dream job turned into a nightmare for employees of the crypto exchange that imploded in spectacular fashion last week. [ad_2] Source link Source link
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[ad_1] Markets Currencies Cryptocurrency Warning comes in the wake of FTX collapse and as bank regulators begin hearings on Capitol Hill [ad_2] Source link Source link
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[ad_1] Business Science of Success The FTX founder’s approach to risk fueled his rise to the top of the crypto world. Then came the catastrophic fall. [ad_2] Source link Source link
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[ad_1] Markets Currencies Cryptocurrency The company had been pushing lawmakers for a bill widely considered friendly to the crypto industry [ad_2] Source link Source link
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[ad_1] More than $400 million worth of crypto funds appears to be missing, according to a crypto analytics firm. [ad_2] Source link Source link
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[ad_1] Alameda Research CEO and senior FTX officials are said to have known that FTX had lent its customers’ money to Alameda to help it meet its liabilities. [ad_2] Source link Source link
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[ad_1] The cryptocurrency platform said Sam Bankman-Fried would remain at the company to assist with an orderly transition and it would begin a process to review and monetize assets for stakeholders. [ad_2] Source link Source link
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[ad_1] Markets Currencies Cryptocurrency Probe focuses on potential securities-law violations by U.S. affiliate [ad_2] Source link Source link
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[ad_1] The industry is seeking influence in Washington as regulators increase their scrutiny of digital assets. [ad_2] Source link Source link
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