FTX


Video

Bitcoin Slides Below $17K After FTX Bankruptcy Filing

As bitcoin (BTC) continues to fall lower, CoinDesk Markets Managing Editor Brad Keoun and Regulatory Reporter Cheyenne Ligon discusses this week's crypto roller coaster following the implosion of FTX, as CEO Sam Bankman-Fried steps down. Where did it all go wrong, how is it different from other crypto blowups, and what does this mean for the future of the industry?

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Finanza

Meet the Metaverse Nightclub–Loving Audit Firm That Presided Over FTX’s Financials

FTX auditor Prager Metis reported the company earned $1 billion in revenue in 2021. An investigation by CoinDesk reveals Prager Metis also operates in Decentraland, where it sponsors the “Decentraland Babydolls.”

FTX Trading LLC auditor Prager Metis hosted a metaverse office launch party at Dencentraland coordinates (19, 144) in October. (Prager Metis)

Mercati

Crypto.com's Preliminary Glimpse of Token Reserves Reveals 20% in Shiba Inu Coin

As large crypto exchanges push to prepare “proof-of-reserves” audits, an initial effort reveals just how much of Crypto.com’s reserves are in the dog-inspired meme token, SHIB.

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)

Finanza

From Enron to FTX: Wall Street Turnaround Titan John Jay Ray III Takes Reins from FTX CEO Sam Bankman-Fried

Sam Bankman-Fried handed over control of his company to the veteran Wall Street  bankruptcy lawyer, who will guide the company’s Chapter 11 process.

(Leon Neal/Getty Images)

Mercati

Solana Volatility Returns After FTX Bankruptcy, but What Comes Next?

The token, grappling with the market contagion, is down 4% in the past 24 hours.

Oficinas de Solana en Nueva York, Estados Unidos. (Danny Nelson)

Finanza

Solana’s Wrapped Bitcoin Price Craters, Recovers After FTX Shuts Exit Ramp

FTX filed for bankruptcy and FTX US later froze withdrawals, before reversing course.

Sam Bankman-Fried speaks at Consensus C22 (CoinDesk)

Video

Sam Bankman-Fried’s Roommates in the Bahamas Ran His Crypto Empire – and Dated

A new CoinDesk report reveals that Sam Bankman-Fried and his roommates, who shared a luxury penthouse in the Bahamas, ran his now-struggling crypto exchange FTX and trading giant Alameda Research, while at times, dating each other. "The Hash" panel discusses the latest details behind FTX's operations.

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Video

The Case for DeFi Amid FTX Fallout

"The Hash" panel discusses the meltdown of Sam Bankman-Fried's crypto trading empire FTX and what the fallout means for the future of decentralization.

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Video

Sam Bankman-Fried Resigns as FTX Files for U.S. Bankruptcy Protections

Crypto exchange FTX filed for bankruptcy protection in the U.S. as CEO Sam Bankman-Fried also resigns from his role, but will "assist in an orderly transition." John Ray III is the new CEO. "The Hash" panel discusses the latest in the downfall of the FTX empire.

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Finanza

FTX Withdraws US CFTC Derivatives Clearing Plan

The company previously submitted a plan that it hoped would allow customers to assess and respond to derivatives risks in real time.

(Jesse Hamilton/CoinDesk)