Tag: Zhao, Changpeng

The Crypto Industry Struggles for a Way Forward After FTX Collapse

The implosion of the exchange FTX shows how an industry built in the wake of the 2008 financial crisis has drifted far from its original ideals.

Zero-Covid Protests in China Shake Global Markets

Stock markets in Asia and Europe fell on Monday, as did U.S. futures and crude prices, as investors worried about the fallout of social unrest in China.

Caroline Ellison Was a Little-Known Crypto Trader. Then FTX Collapsed.

Caroline Ellison, who ran the cryptocurrency trading firm Alameda Research, has found herself at the center of Sam Bankman-Fried’s collapsed crypto empire.

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.