The Latest Breaking News from FTX

What the FTX downfall can teach us about crypto regulation

City comment: Far from quashing innovation, crypto regulation will set essential ground rules and protections for market participants

Evening Standard · Nov 21, 2022

FTX's implosion raise questions about Genesis, Crypto.com, and Silvergate

BlockFi is likely the just first of some big dominoes to fall in the wake of the FTX collapse. Here are some others to watch.

Fortune · Nov 21, 2022

The fall of FTX marks the end of the “wild west” days of crypto

City Comment : There is something of the Fyre Island festival debacle about the downfall of crypto platform FTX. Like the 2017 scandal, there is a backdrop of sun kissed silver beaches - FTX operated largely out of the Bahamas - an apparently credible charismatic 30 year old entrepreneur running…

Evening Standard · Nov 21, 2022

Stephen Diehl: Crypto is the ‘commoditisation of populist anger, gambling and crime’

The software engineer has denounced crypto assets as vehicles for pure speculation. But his views have made him a target of harassment — including death threats

Financial Times · Nov 21, 2022

The Myth of Tech God Is Crumbling

Tech is full of smart people who build, run and invest in successful companies that have produced a tremendous amount of innovation. But the industry's recent spate of failures and reversals has made one thing clear: Many of its leaders aren't as smart as they thought they were.

Bangkok Post · Nov 20, 2022

Sam Bankman-Fried and "longtermism"

I'm not surprised that longtermism led to fraud, corruption and disaster. I'm mostly surprised it wasn't worse

Salon · Nov 20, 2022

Beware self-made ‘genius’ entrepreneurs promising the earth. Just look at Elon Musk

Silicon Valley ‘saviours’ are the heroes of the hour. Too often they have feet of clay

The Guardian - UK · Nov 20, 2022

Scammers are targeting desperate FTX customers by pretending to be the DOJ and promising access to funds

Police warned Saturday about a website pretending to help desperate FTX users recover their funds.

Fortune · Nov 19, 2022

Polyamory, penthouses and plenty of loans: inside the crazy world of FTX

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

The Guardian - UK · Nov 19, 2022

‘The money is gone’: people who lost out in FTX’s collapse

Smaller investors tell how they found themselves unable to withdraw money as rumours of the exchange’s troubles spread

The Guardian - UK · Nov 19, 2022