The Latest Breaking News from Enron

Back in 2001, precious few Americans could have explained what Houston-based Enron did as a company and how it got so spectacularly wealthy. But when it filed for a record-breaking bankruptcy, Americans got schooled fast about not putting their trust and money behind swaggering, fast-talking con artists. But fools and…

The crypto industry was already facing a trust deficit, and this has set it back far.

SBF, as Bankman-Fried was often called, says he didn’t commit fraud. But bankruptcy specialists say the findings so far are ‘pretty devastating.’

The mainstream coverage of SBF and FTX is more than a little blasé.

After the crypto firm collapsed, the executive who handled the Enron debacle was brought in – and said he’d never seen anything like it

Lawyers with specialties in digital assets are giving way to experts in restructuring. “There's going to be a lot of work.”

Mounting evidence shows VC firms ignored major warning signs and failed to take basic risk-mitigation steps.

When the Miami Heat announced in March 2021 that the team had sold naming rights for its arena to FTX, the response from sports fans was a resounding: Who?

If FTX's blowup is anything like Enron's, that means big changes are on the horizon for the systems that enabled the crypto company's rise and fall.

The man appointed to administer the collapsed crypto exchange in chapter 11 bankruptcy, who oversaw the clean-up after Enron's collapse, says he has never seen "such a complete failure of corporate controls".

Usually in bankruptcies, it's at least clear who the 50 largest creditors are, or where the money was coming from. Not this time.