Inside the Frantic Texts Exchanged by Crypto Executives as FTX Collapsed

The day before the embattled cryptocurrency exchange FTX filed for bankruptcy, Changpeng Zhao, the chief executive of the rival exchange Binance, sent an alarmed text to Sam Bankman-Fried, FTX’s founder.…

Senators ask regulators to investigate bank and crypto ties, citing Washington state bank – GeekWire

U.S. Sen. Elizabeth Warren at a 2019 campaign rally in Seattle. (GeekWire File Photo / Todd Bishop) Sen. Elizabeth Warren (D-Mass.) and Sen. Tina Smith (D-Minn.) are pressing U.S. bank…

Crypto market implosions, bankruptcies bring sweeping job losses, and opportunity

The cryptocurrency industry was already having an awful year well before the collapse of the FTX cryptocurrency exchange on Nov. 11.  The US$40 billion implosion of the Terra-Luna stablecoin in…

Crypto villain Sam Bankman-Fried arrested in Bahamas • The Register

Bahamian authorities have arrested Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, after he was indicted on criminal charges. News of Bankman-Fried’s cuffing arrived in a tweet from…