FTX files in bankruptcy court to sell four of its businesses
FTX, formerly one of the largest crypto exchanges in the world, is seeking to sell four of its businesses. It submitted a court filing on the matter Thursday.
FTX fraud scandal will 'make Enron look like peanuts': Guy Lewis
Former U.S. attorney and prosecutor Guy Lewis reacts to Sen. Elizabeth Warren, D-Mass., and Kevin O'Leary clashing on whether crypto facilitates money laundering.
'Totally asinine' that Sam Bankman-Fried spilled 'his guts' to media, skipped hearing: Rep. Lance Gooden
Rep. Lance Gooden, R-Texas, says it 'seems logical' that disgraced FTX founder Sam Bankman-Fried embezzled money.
Sam Bankman-Fried, Caroline Ellison retain high-powered white collar lawyers amid FTX probe
Ex-FTX CEO Sam Bankman-Fried and Alameda Research CEO Caroline Ellison have retained criminal defense attorneys specializing in white-collar crimes as they face investigation.
Where did the money go in FTX crypto collapse?
The collapse of crypto firm FTX and former CEO Sam Bankman-Fried's arrest has left many wondering where the money went.
Senators slam Sam Bankman-Fried for refusing to testify before banking panel on FTX collapse
Senators Sherrod Brown and Pat Toomey said ex-FTX CEO Sam Bankman-Fried declined to testify at a committee hearing in "an unprecedented abdication of accountability."
Carvana creditors criticize management, gird for a fight
Carvana's creditors include Apollo Global Management Inc., Pacific Investment Management Co. and Ares Management Corp., all veterans of restructuring fights.
For FTX customers, IRS Ponzi rules loom large
Tax expert says FTX customers should get guidance from the IRS in 2023 on how to report losses from Sam Bankman-Fried's bankrupt cryptocurrency exchange to avoid amending tax returns.
Carvana stock slides on bankruptcy risk
Carvana investors are fleeing as speculation swirls over the used car retailer's survival. Shares fell more than 30% during Wednesday's trading session.
Ex-FTX boss Sam Bankman-Fried admits he should've done more stress testing before crypto firm's collapse
Sam Bankman-Fried spoke in a Twitter Space about the collapse of FTX and Alameda Research, along with his failure to stress test the crypto firms he founded.
FTX scandal 'sounds very much like' a Ponzi scheme: Andrew McCarthy
Fox News contributor Andrew McCarthy says disgraced FTX founder Sam Bankman-Fried could face a 'very, very high' federal sentencing.
Sam Bankman-Fried took part in 'corruption, corporate mismanagement': Anthony Georgiades
Pastel Network co-founder Anthony Georgiades argues 'it'll take time' to trace back disgraced FTX founder Sam Bankman-Fried's 'co-mingled' assets.
Citigroup trying to get accidental $500M Revlon loan payment back
Citigroup is in talks to recoup a $500 million loan payment made for Revlon that was made by mistake.
FTX investor: Mainstream media shouldn't give Sam Bankman-Fried a stage
FTX investor Evan Luthra joins 'The Evening Edit' to share his reaction to Sam Bankman-Fried's interview with The New York Times.
Rep. Warren Davidson 'stunned' Sam Bankman-Fried is 'not in custody'
Rep. Warren Davidson, R-Ohio, slams Gary Gensler's SEC for 'failing' to properly address crypto in the securities sector.
FTX founder Sam Bankman-Fried took questions about company collapse: 'We messed up big'
Sam Bankman-Fried took questions at the DealBook Summit on Wednesday regarding the collapse of FTX, the now-bankrupt cryptocurrency exchange he founded.
FTX’s Alameda Research owes Jimmy Buffett’s Margaritaville, Amazon Web Services
Sam Bankman-Fried's hedge fund Alameda Research lists Jimmy Buffett's Margaritaville Resort in the Bahamas and Amazon Web Services as two of the largest creditors it owes money to, according to bankruptcy filings.
Early Alameda staffers quit after battling Sam Bankman-Fried over risk, compliance concerns
The employees worked at Alameda Research, and were some of Bankman-Fried's earliest colleagues, including Alameda’s co-founder, Tara Mac Aulay. Both FTX and Alameda are now bankrupt.
FTX crypto contagion continues after BlockFi bankruptcy
Fears of contagion in cryptocurrency markets continue to grow after BlockFi filed for bankruptcy on Monday due to the company's financial ties to failed exchange FTX.
BlockFi's bankruptcy exit plan
Bankrupt cryptolender BlockFi filed a plan of reorganization that contemplates emerging as a reorganized company but says it's also open to selling its assets.