FTX Collapse


Policy

CFTC Chairman Suggests 'Pause' to Overhaul Senate Bill Following FTX Debacle

Rostin Behnam said in light of recent events lawmakers should make sure the bill has no gaps.

CFTC Chairman Rostin Behnam testifying on FTX before the Senate Agriculture Committee. (Chip Somodevilla/Getty Images)

Policy

FTX Collapse Highlights Need for Global Crypto Regulations, Says US Treasury’s Adeyemo: Reuters

Deputy Treasury Secretary Wally Adeyemo said such regulations are important to ensure the protection of investors, consumers and financial stability.

Wally Adeyemo, deputy secretary of the U.S. Treasury Department (Suzanne Cordiero/CoinDesk)

Finance

Full Transcript: NY Times' Interview With Sam Bankman-Fried

Bankman-Fried said during the interview he did not "knowingly commingle" customer funds.

Andrew Ross Sorkin speaks with FTX founder Sam Bankman-Fried during the New York Times DealBook Summit (Michael M. Santiago/Getty Images)

Learn

BlockFi’s Rise and Fall: A Timeline

BlockFi, a crypto lending company, was founded in October 2017 and filed for bankruptcy just over five years later in the wake of FTX's collapse.

BlockFi co-founders Flori Marquez and Zac Prince (BlockFi)

Opinion

FTX’s Collapse Was a Crime, Not an Accident

Sam Bankman-Fried is a con man and fraudster of historic proportions. But you might not learn that from the New York Times, CoinDesk's Chief Insights Columnist David Z. Morris writes.

(Midjourney/CoinDesk)

Markets

Crypto's Ugly November Draws to Close With ‘Sam Coins’ in Gutter, Bitcoin Down 18%

The FTT token, along with Serum's SRM and Solana's SOL, plunged amid the dramatic collapse of Sam Bankman-Fried's FTX exchange. Bitcoin had its worst loss in five months.

(Getty Images)

Policy

EU’s MiCA Law May Have an FTX-Shaped Loophole

A much-heralded new law could still allow slapdash offshore companies to ply their trade in the bloc.

A loophole in EU crypto laws may allow offshore providers to continue (Stefania De Michiel/EyeEm/Getty Images)

Finance

BlackRock CEO Larry Fink Says Firm Invested $24M in FTX: Reuters

The executive said it appears there were "misbehaviors" at FTX.

BlackRock invested $24 million in failed crypto exchange FTX. (Spencer Platt/Getty Images)