Ex-FTX CEO Sam Bankman-Fried says he will testify remotely before House committee
Disgraced former FTX chief Sam Bankman-Fried confirmed he will testify remotely on Tuesday before a House committee regarding the crypto exchange's collapse.
FTX ex-CEO Sam Bankman-Fried says he wants to start a new business
Sam Bankman-Fried, the disgraced founder of the failed crypto-exchange FTX, says he wants to start a new business to help his investors make back the money they lost in the crash.
Accounting red flags are common among public crypto companies
Accounting issues that brought down major crypto firms like FTX and Celsius, exist in firms weathering the crypto contagion such as Marathon and Riot Blockchain.
Goldman Sachs on hunt for bargain crypto firms after FTX fiasco
FTX filed for Chapter 11 bankruptcy protection in the U.S. on Nov. 11 after its dramatic collapse, sparking fears of contagion and amplifying calls for more crypto regulation.
BlackRock's Fink says crypto technology still relevant despite FTX
Larry Fink, CEO of BlackRock, blames FTX's collapse on "misbehaviors" not on cryptocurrency itself. Says he believes crypto tech will drive the future
Texas legislature calls FTX founder to testify in Feb. 2023 hearing
The Texas State Security Board scheduled a hearing and requested FTX founder Sam Bankman-Fried to testify about violations to the state Securities Act.
Crypto assets worth $740M recovered in FTX bankruptcy so far
A total of $740 million in assets have been recovered so far from the failed cryptocurrency firm FTX.
FTX’s small investors biggest losers in fallout: Former FDIC Chair Bair
Former FDIC chair Sheila Bair explained to FOX Business how FTX's top 50 investors stand to lose big -- but all others will likely see nothing at all.
FTX: How Sam Bankman-Fried built a house of cards
Crypto trading firm FTX was Sam Bankman-Fried's personal "fiefdom," attorneys argued at its first bankruptcy hearing Tuesday. Experts weigh in on how.
FTX bankruptcy hearing unveils latest developments in crypto exchange's collapse
The first hearing in FTX's Chapter 11 bankruptcy revealed the latest details involving the crypto firm's downfall, including a new criminal investigation.
FTX files for court relief to pay vendors, begins review of assets
FTX filed Saturday morning for court relief in order to pay claims for its critical vendors. The cryptocurrency exchange is also beginning a review of its assets.
Crypto lender Genesis had sought emergency loan of $1 Billion
Crypto lender Genesis sought $1 billion in emergency loan to fend off a bank run, caused by FTX collapse, before suspending redemptions and loan issuance.
FTX lawyers say Bankman-Fried's 'incessant and disruptive tweeting' is complicating bankruptcy case
FTX bankruptcy lawyers accuse former CEO Sam Bankman-Fried of complicating their case with "his incessant and disruptive tweeting."
UK inflation accelerates to 41-year high of 11.1%
Red-hot inflation has begun to peak in the United States, but Jeremy Hunt and the Bank of England face the United Kingdom's highest inflation since 1981.
Michael Saylor on FTX collapse: Crypto 'may have been the problem,' but 'bitcoin is still the solution'
MicroStrategy executive chairman Michael Saylor tells FOX Business why he's still a big believer in Bitcoin after the downfall of crypto exchange FTX.
Who’s really to blame for FTX crypto collapse?
Who’s really to blame for FTX crypto collapse? Venture capitalists, investors and poor regulation share blame, while crypto problems drive investors to Bitcoin.
FTX-driven crypto chaos exposes weaknesses but not another 2000 dot-com debacle
The bankruptcy of FTX is not expected to trigger another year 2000-type dot-com meltdown but instead expose weaknesses in the business models of cryptocurrency exchanges.
Europe’s luxury-goods sale might last a while
American shoppers now have to pay 38% more at home than they would for the same product in Europe, according to Bank of America data, compared with about 20% historically.
Binance stops accepting FTX's token for deposit, CEO says
The CEO of Binance has announced his crypto exchange will no longer accept tokens from FTX for deposit.
White House says more crypto regulation needed to avoid 'harming' Americans
White House press secretary Karine Jean-Pierres said Thursday that more oversight of cryptocurrencies is needed in order to protect Americans from potential collapses.