Inside FTX’s All-Night Race to Stop a $1 Billion Crypto Heist
By the evening of November 11 of last year, FTX’s staff had already endured one of the worst days in the company’s short life. What had recently been one of …
ftx trial
‘A Galactic Embarrassment’: The Crypto World Is Already Sick of SBF’s Trial
“The idea that crypto is on trial, I find ludicrous. An individual is on trial,” says Sheila Warren, CEO of the Crypto Council for Innovation, a body advocating for regulation …
Everybody’s Talking About the Wrong Sam Bankman-Fried Book
Lewis got more access to Sam Bankman-Fried than anyone, but his book doesn’t tell a new story. It’s a perfectly serviceable primer for people who haven’t been following the FTX …
Sam Bankman-Fried Made Reasonable Business Decisions, Lawyers Claim
Sam Bankman-Fried’s cryptocurrency exchange FTX may have lost at least $8 billion in customer money, but he “didn’t intend to defraud anyone,” his defense team said Wednesday during the opening …
Sam Bankman-Fried Is a Terrible Client
In the weeks after Sam Bankman-Fried’s FTX crypto exchange began to crumble last November, he chose to ignore the most basic piece of legal advice: Say nothing, or risk incriminating …
Why Silicon Valley Falls for Frauds
Aditiya Baradwaj joined crypto-trading firm Alameda Research when it was run out of an anonymous first-floor office in downtown Berkeley, California. It was September 2021, and the day Baradwaj arrived, …