Alameda Research was Sam Bankman-Fried’s first company. He built FTX partly to help Alameda’s trading business. Then things got out of control.
Tag: Bankruptcies
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New FTX CEO Calls the Crypto Exchange’s Corporate Control a ‘Complete Failure’
“This situation is unprecedented,” said John J. Ray III, who helped manage Enron after its collapse in an accounting fraud scandal in 2001.
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FTX’s In-House Performance Coach Is Just as Surprised as You Are
George K. Lerner, a psychiatrist who has worked at the collapsed crypto exchange FTX since last year, said he had no knowledge of wrongdoing at the firm.
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FTX, Collapsed Crypto Exchange, Could Owe More Than 1 Million Creditors
In a court filing on Monday, the cryptocurrency exchange said it was in touch with “dozens” of regulators across the world.
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How Sam Bankman-Fried’s FTX Crypto Empire Collapsed
Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds.