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SBF

CDCROP: Run On The Bank Investors rush to withdraw their savings during a stock market crash, circa 1929. (Hulton Archive/Getty Images)

Markets

FTX Balances Tumbled 87% in 5 Days in Epic Crypto Deposit Run, Data Shows

A glance at data from Arkham Intelligence shows the behind-the-scenes operational reality that drove billionaire Sam Bankman-Fried's beleaguered FTX exchange to order a withdrawal halt this week.

By Sage D. Young

Nov 10, 2022 at 4:46 p.m. UTC

Nov 10, 2022

FTXSam Bankman-FriedSBFNansen

Finance

Sbf

Jefferies CEO Expressed Doubts About Sam Bankman-Fried in July

Rich Handler, a restructuring expert, said SBF was "over his head" in trying to rescue crypto outfits.

By Brandy Betz

Nov 10, 2022 at 2:49 p.m. UTC

Nov 10, 2022

SBFSam Bankman-FriedFTXTradFiWall Street

CDCROP: Former FTX CEO Sam-Bankman-Fried (Danny Nelson/CoinDesk)

Finance

Ftx

FTX to Conduct Fundraise Next Week: Reuters

The raise could end up being for FTX International and FTX US combined.

By Parikshit Mishra

Nov 10, 2022 at 1:11 p.m. UTC

Nov 10, 2022

FTXSBF

CDCROP: FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)

Finance

Ftx

FTX Has Made $34M in Trading Fees Since Recent FTT Token Burn Despite Withdrawal Freeze

FTX did not report the recent token burn, which was scheduled on Nov. 7.

By Oliver Knight

Nov 10, 2022 at 12:20 p.m. UTC

Nov 10, 2022

FTXFTTSBFExchange TokensCrypto Exchange

Finance

Ftx

A Failed FTX-Binance Deal Is ‘Catastrophic’ for Crypto Sector

Binance scrapping its acquisition of rival FTX could mean institutional investors deciding to pull funds out of the crypto industry.

By Aoyon Ashraf

Nov 9, 2022 at 10:48 p.m. UTC

Nov 9, 2022

FTXSBFBinanceCrypto

CDCROP: Stock charts against the sky with lightning. World financial crisis concept (Getty Images)

Finance

Ftx

Why Is Crypto Tanking: The FTX-Binance Drama Explained

The world’s largest crypto exchange, Binance reversed course on a plan to bail out competitor FTX in an event that has shocked the crypto industry and is catching the attention of regulators.

By Sam Kessler

Nov 9, 2022 at 8:39 p.m. UTC

Nov 9, 2022

FTXAlameda ResearchBinanceSam Bankman-FriedSBFCZ