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3 mins read
FTX's Sam Bankman-Fried explains how he built a $32 billion crypto exchange in 3 years after growing annoyed with 'crappy' platforms – making him a multibillionaire at 29
The FTX crypto exchange is now more valuable than Twitter, Nasdaq, and Deutsche Bank. It's made 29-…
Harry Robertson
1 min read
Crypto exchange Coinbase to lay off more employees amid FTX saga
The layoffs were announced internally and the company is likely to sack around 60 employees in i…
1 min read
Sam Bankman Fried's FTX crypto exchange to expand into Europe after winning Cyprus license
FTX is "constantly looking at opportunities to become appropriately licensed and regulated in every…
Carla Mozée
1 min read
MLB star Shohei Ohtani takes a stake in crypto exchange FTX and joins Steph Curry and Tom Brady as the latest brand ambassador
Ohtani is joining FTX's A-list roster of sports ambassadors, which includes NFL superstar Tom Brady…
Isabelle Lee
2 mins read
Sam Bankman-Fried's FTX buys a Super Bowl ad as the crypto exchange amplifies its presence in sports
"There is no bigger, more mainstream event to share a message like that than the Super Bowl," Sam B…
Isabelle Lee
2 mins read
Tennis champion Naomi Osaka signs up to FTX's sports celebrity roster to help get more women into crypto
Grand Slam champion Naomi Osaka has become the latest sports celebrity to partner with crypto platf…
Adam Morgan McCarthy
2 mins read
A former CFTC commissioner will lead policy and regulatory strategy for FTX US, as crypto industry continues to hire former watchdogs
Mark Wetjen served for four years as a commissioner at the Commodity Futures Trading Commission.
Carla Mozée
2 mins read
The US president of the world's 2nd-largest bitcoin exchange says the firm aims to offer crypto-derivative trading within a year
"We definitely hope to be able to offer them inside of a year," Brett Harrison said. "We could have…
Isabelle Lee
2 mins read
Sam Bankman-Fried's crypto exchange FTX plans to list cardano and polkadot spot trading as it tries to attract retail investors
"There's a lot of blockchains we want to list that are fairly significant," 29-year old crypto bill…
Harry Robertson
2 mins read
Sam Bankman-Fried's FTX crypto exchange handed $25 billion valuation in latest funding round
The new round comes after FTX held the largest funding round in crypto history in June, raising $1 …
Isabelle Lee
5 mins read
Sam Bankman-Fried can't get past the fundamental flaw in his defense strategy
Under cross-examination on the witness stand, prosecutors blew SBF's trial defense wide open.
Jacob Shamsian
2 mins read
FTX execs hid $8 billion in liabilities in a customer account that Bankman-Fried referred to as 'our Korean friend's account,' CFTC prosecutors allege
The case of "where did the money go" is beginning to unravel for crypto exchange FTX as finding sho…
Laila Maidan
2 mins read
FTX execs hid $8 billion in liabilities in a customer account that Bankman-Fried referred to as 'our Korean friend's account,' CFTC prosecutors allege
The case of "where did the money go" is beginning to unravel for crypto exchange FTX as finding sho…
Laila Maidan
1 min read
Crypto exchange FTX is giving away bitcoins as part of its Super Bowl ad — but it comes with a twist
The size of the bitcoin giveaway will depend on the time the ad runs. For example, if it airs at 9:…
Isabelle Lee
1 min read
Sam Bankman-Fried wishes 'we'd bitten off a lot less' after distressed crypto exchange FTX imploded: NYT
Bahamas-based FTX filed for bankruptcy and Bankman-Fried resigned as its CEO last Friday, after it …
Huileng Tan
1 min read
Sam Bankman-Fried's FTX exchange grew revenue more than 1,000% during the crypto boom, leaked docs reportedly show
FTX's revenue soared from $89 million in 2020 to $1.02 billion in 2021, according to leaked interna…
Zahra Tayeb
2 mins read
SBF is still swearing up and down that he can pay back US customers
FTX's new bosses said its US affiliate held just $181 million in crypto, but its former CEO claimed…
George Glover
3 mins read
We spoke to crypto mega-billionaire Sam Bankman-Fried about his board-game-playing beginnings, the future of FTX, and his political ambitions. Here are the 5 biggest takeaways.
"The single thing I'm most worried about for FTX is that we become slow and dysfunctional," Bankman…
Matthew Fox
1 min read
FTX has recovered $7.3 billion, and the failed exchange could relaunch, lawyers say
FTX is considering its future, and that could mean a reboot, lawyers for the collapsed crypto excha…
Carla Mozée
1 min read
Goldman Sachs may partner with FTX as the bank looks to expand its crypto derivatives offerings, report says
Goldman Sachs is in talks with FTX to onboard some of its derivatives products, Barron's reported T…