The Latest Breaking News from Crypto

FTX, an exchange for trading cryptocurrencies, quickly became bankrupt and defunct in November 2022. Its founder, Sam Bankman-Fried, is broke, and the 30-year-old former billionaire could be in serious legal trouble for his alleged financial improprieties. The Conversation asked Brian Mittendorf, an accounting scholar at The Ohio State University, to…

The 30-year-old who fashioned himself as an altruist claimed FTX was not in a balance sheet crisis with its very solvency at risk, merely a liquidity crisis.

The knock-on effects of the exchange's unwinding are starting to show.

The donation is the first in the company’s Punks Legacy Project which aims to install CryptoPunks in contemporary art museums worldwide.

WASHINGTON — The spectacular collapse of major cryptocurrency exchange FTX is prompting calls for stronger regulation in Congress, where some bipartisan proposals are being characterized as too industry friendly.

Despite a recent relief rally in Cathie Wood’s ETFs, more trouble awaits her funds since the Fed seems yet to be done with its rate hikes. Given the fundamental weakness and stretched valuations, it could be wise to avoid stocks Coinbase (COIN) and Rocket Lab (RKLB) that Cathie Wood is…

Plus: a nationwide injunction on student loan forgiveness, Tyson and Holyfield team up on marijuana edibles, government needn't save risky crypto investors from themselves, and more...

Everyone is talking about a bizarre financial document circulated by FTX in its final days.

The Greek tragedy unfolding in the financial press over the last week is the story of Sam Bankman-Fried, the would-be cryptocurrency tycoon and political kingmaker whose multibillion-dollar empire has sunk like the Titanic after its encounter with the iceberg.