FTX


Markets

FTX Exploiter Transfers $200M in Ether to 12 Crypto Wallets

The exploiter had previously drained hundreds of millions of digital assets from FTX on the same day as the embattled crypto exchange filed for bankruptcy protection.

(Leon Neal/Getty Images)

Videos

FTX's Celebrity "Brand Ambassadors" Named in Class Action Lawsuit

A lawsuit seeks to extract billions in damages from celebrities who endorsed FTX, including Tom Brady, Gisele Bündchen, Stephen Curry and Larry David. Adam Moskowitz, managing partner at the Moskowitz Law Firm, says they have named 21 of 32 "brand ambassadors" of FTX so far, and they "will be suing the rest of them."

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Videos

Did VC Firms Miss Red Flags with FTX?

"The FTX rounds were a byproduct of the funding environment from last year," says Dragonfly Partner Tom Schmidt, citing more bidders than opportunities in a low interest rate environment. He discusses how VC firms may have missed red flags with FTX.

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Videos

Major Cryptos Plunge Over the Weekend Amid FTX Collapse

Bitcoin (BTC) slipped 2% but held above its recent $16K support while other major cryptos dropped significantly. Wave Financial’s Head of Protocol and Treasury Management Nauman Sheikh discusses the impact of FTX’s collapse on the broader crypto markets. Plus, insights on Grayscale’s Bitcoin Trust (GBTC) shares trading at a discount of 45% below the net asset value. CoinDesk is an independent subsidiary of Digital Currency Group (DCG), which also owns Grayscale.

Recent Videos

Videos

FTX Owes $226M to Its Largest Creditor; Total of About $3.1B Owed to Top 50 Creditors

FTX’s largest creditors have claims ranging from hundreds of millions to tens of millions of dollars, according to a recently filed court document. The identities of these creditors are not disclosed, but collectively they are owed approximately $3.1 billion. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest in FTX’s bankruptcy. Plus, reaction to new FTX CEO John Ray’s compensation.

Recent Videos

Videos

Tom Brady, Gisele Bündchen and Other Celebs Named in FTX Lawsuit

High-profile celebrities including Tom Brady, Stephen Curry and Larry David were named as defendants in a lawsuit for their roles in promoting crypto exchange FTX. The lawyer behind the suit, Adam Moskowitz of Moskowitz Law Firm, discusses the legal considerations of the case and the outlook for celebrity crypto endorsements.

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Videos

What FTX Fallout Means for VC Funding in Crypto

In Q3 of this year, venture capitalist funding for crypto startups hit a new low in 2022, at roughly $5.5 billion in fundraising, according to Galaxy Digital. Dragonfly Capital Partner Tom Schmidt discusses the impact of crypto exchange FTX's collapse on the industry and outlook for investments in DeFi and NFTs amid crypto winter.

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Markets

First Mover Americas: FTX Faces Whopping Claims, Ackman's Hot for Helium

The latest price moves in crypto markets in context for Nov. 21, 2022.

Billionaire hedge fund manager Bill Ackman says he likes the Helium Network. (AJ Bell/YouTube)

Finance

New FTX CEO Paid $1,300 an Hour, Court Filings Show

Other execs are billing $975 per hour, but the fees pale in comparison to the typical overall costs of corporate restructuring.

Former FTX CEO Sam Bankman-Fried in the Bahamas (Danny Nelson/CoinDesk)

Finance

FTX Japan Preparing to Allow Withdrawals by Year End: Report

The payment system for withdrawals is still suspended for now.

Bandera de Japón. (Shutterstock)