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Dec 12

Sam Bankman-Fried, former FTX CEO, arrested in the Bahamas

By Associated Press

Bankman-Fried's arrest comes just a day before he was due to testify in front of the House Financial Services Committee, along with the company’s current CEO.

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Dec 01

WATCH: Commodity Futures Trading Commission chairman ask Congress to ‘move quickly’ on crypto bill

By Associated Press

The U.S. Commodity Futures Trading Commission (CFTC) chairman Rostin Behnam urged Congress"to move quickly" to put in place "guardrails" for digital assets following the collapse of cryptocurrency exchange FTX.

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Dec 01

Former FTX CEO Bankman-Fried says he didn’t ‘knowingly’ misuse customers’ funds

By Ken Sweet, Associated Press

The former CEO of the failed cryptocurrency exchange FTX says that he did not "knowingly" misuse customers' funds.

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Nov 16

House panel to hold hearing on cryptocurrency exchange FTX collapse

By Fatima Hussein, Associated Press

Lawmakers plan to investigate the failure of FTX, the large crypto exchange that collapsed last week and filed for bankruptcy protection, leaving investors and customers staring at losses that could total in the billions of dollars.

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Nov 15

Watch 6:42
Collapse of FTX raises questions about cryptocurrency’s viability

The fallout keeps growing for the cryptocurrency industry after an unexpected bankruptcy involving one of the largest and most well-known exchanges, FTX. Its downfall has renewed concerns about the safety and credibility of many cryptocurrencies and their values have plunged…

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Nov 14

FTX head Sam Bankman-Fried’s downfall sends shockwaves through cryptocurrency

By Ken Sweet, Associated Press

Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world's first trillionaire.

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Nov 12

Probe underway after funds vanish from bankrupt crypto exchange FTX

By Cathy Bussewitz, Associated Press

Collapsed cryptocurrency trading firm FTX confirmed there was “unauthorized access” to its accounts, hours after the company filed for Chapter 11 bankruptcy protection Friday.

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Nov 11

Embattled cryptocurrency exchange FTX files for bankruptcy following collapse

By Matt Ott, Associated Press

Embattled cryptocurrency exchange FTX, short billions of dollars, is seeking bankruptcy protection following its collapse this week.

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