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The Latest Breaking News from Crypto

FTX Collapse: Bankman-Fried Regrets Filing For Bankruptcy

The cryptocurrency exchange founder says his empire could have survived.

The Street

Hey Sen. Warren, leave Bitcoin out of this

Elizabeth Warren's response to the FTX mess includes limiting access to Bitcoin.

Fortune

After the FTX crash, here’s what you need to know – the crypto bubble is already bursting

Ordinary buyers should beware. They are being sucked into perilously risky trading that only professionals understand, says crypto consultant Carol Alexander

The Guardian - UK

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Crypto executives need to grow up or go the way of FTX, Riot Blockchain leader says

The highly publicized collapse of the crypto platform FTX is a wake-up call for crypto executives to act more professionally, one of crypto’s most prominent North Texas leaders says.

Tribune News Service

Inside FTX’s crypto empire in the Bahamas

A Fortune reporter lays out details from his week in the Bahamas, uncovering the collapse of FTX.

Fortune

Founder of failed crypto exchange FTX apologises to ex-employees

Sam Bankman-Fried continues to say firm’s downfall can be solely explained by misplaced $8bn

The Guardian - UK

‘Betrayed’: FTX meltdown signals end to crypto’s ‘Wild West’ days

Cryptocurrency exchange’s spectacular collapse spurs government scrutiny and calls for greater regulation.

Al Jazeera

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FTX Collapse: 'Emperor' Bankman-Fried Had No Clothes

The regime of the founder of the cryptocurrency exchange was discussed in court on November 22.

The Street

FTX lawyer: 'Substantial amount' of assets has been stolen

The lawyers for FTX disclosed Tuesday that a “substantial amount" of assets has been stolen from the accounts of the collapsed cryptocurrency exchange, diminishing the odds that its millions of investors will get their money back

The Independent UK

Starling Bank bans Bitcoin transactions as part of crypto clampdown

Starling has described cryptocurrencies as ‘high risk and heavily used for criminal purposes’

Evening Standard

Satyajit Das believes crypto boom and bust is just part of 'every bubble being pricked' in wider market sell-off

One of the few financiers who sounded a warning bell before the global financial crisis believes today's cryptocurrency "meltdown" was predictable, and that "nobody is taking much notice" of a broader financial market problem.

ABC News

FTX Collapse: Binance, Largest Crypto Exchange, Is Under Investigation

The bankruptcy of the FTX cryptocurrency exchange is pushing regulators to increase their scrutiny of the crypto space.

The Street

Inside Sam Bankman-Fried's extravagant penthouse lifestyle in the Bahamas, where the T-shirt-clad FTX founder lived like royalty

The FTX founder created a gilded and connected life in the island paradise.

Fortune

Argentina's crypto token plummets after historic World Cup upset

Argentina’s fan token fell 20% after Saudi Arabia put together a stunning 2-1 comeback.

Fortune

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Los Angeles Times

Michael Hiltzik: How Sam Bankman-Fried exploited the 'effective altruism' fad to get rich and con the world

The most uplifting aspect of the Sam Bankman-Fried story was always that he guided his way to a putative cryptocurrency fortune of more than $16 billion by following a philosophy of charitable giving known as "effective altruism."

Fortune

The 'end of crypto'?

The Economist asks if the FTX collapse spells final doom for crypto. The answer is easy

The Guardian - AU

FTX bypassed regular process for obtaining Australian financial services licence

Crypto exchange took over a company that already held a licence and the regulator did not assess its fitness

The Street

FTX Had $1.24 Billion on Hand When It Filed for Bankruptcy

Creditors and customers of the FTX cryptocurrency exchange might have a small reason to hope to recover some of their money.

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The Street

FTX Collapse: Tom Brady and Steph Curry's Problems Get Worse

The two sports stars were ambassadors and investors for the bankrupt cryptocurrency exchange.

The Guardian - UK

TechScape: How do you slice a billion-dollar crypto bankruptcy pie?

The 50 biggest claims against FTX total $3.1bn. Now a US court has to determine who gets what – if anything. Plus, what will be more valuable by the end of the year: Musk’s stake in Twitter, or a lettuce?

Fortune

3 venture investors on where they’re looking to invest in crypto now

Crypto VC is in turmoil. Where will VCs spend their money?

WEKU

Wringing its hands over FTX's collapse, Washington hopes to prevent more crypto pain

Congress, which has been unable to pass comprehensive crypto legislation, is digging into what happened as regulators try to police the new, mysterious world of virtual currencies with old laws.

Al Jazeera

Crypto lender Genesis denies bankruptcy plans after FTX collapse

Genesis’s comments come days after it halted customer withdrawals due to liquidity difficulties.

The Texas Tribune

Tom Brady, Steph Curry and other celebrities face Texas investigation for endorsements of bankrupt crypto firm

This probe is part of the state’s wider investigation into FTX’s multibillion-dollar bankruptcy.

The Street

FTX Collapse Shows Crypto Is Packed With Bankman-Frieds

The downfall of crypto exchange FTX starkly displays the ties between those who sell the ideas and those who write the big checks.

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