The NYU professor said recent turbulence in the crypto market showed major players in the industry needed to go, and that regulators should be wary.
‘It feels very much like the Wild West.’ Crypto hedge funds linked to FTX fallout may struggle to recover lost assets, say managers
Crypto hedge funds scrambled to recoup investors' assets on the collapsed FTX exchange and their future is uncertain.
Nouriel Roubini slams Binance boss CZ as a ‘walking time bomb’ and says crypto is totally corrupt
Roubini also bashed Shark Tank investor Kevin O'Leary, who he called "a paid hack for FTX" at an event hosted by CNBC.
The downfall of the ‘king of crypto’ could reverberate for years
Now, at 30 years old, SBF has lost his fortune and admitted to loaning FTX customer funds to Alameda Research, a trading firm he co-founded. Cryptocurrency already had a reputation for carrying more ...
Japan Checks Impact of FTX Collapse on Local Crypto Exchanges
Japan’s financial regulator has checked with local digital assets exchanges about whether the failure of Sam Bankman-Fried’s crypto empire has had any impact on their businesses, according to an ...
Roundup: Japan’s Nikkei ends slightly higher, U.S. economic concerns cap gains
Japan's benchmark Nikkei stock index closed marginally higher Wednesday amid eased geopolitical concerns, although gains were capped over fears of a U.S. economic slowdown. The 225-issue Nikkei Stock ...
Japan’s Nikkei ends higher as fears of escalation in Ukraine crisis fade
Japan's Nikkei share average reversed course to end higher on Wednesday, after fears of an escalation in the Ukraine crisis faded as U.S. President Joe Biden said a blast in NATO member Poland may not ...
Japan struggles to find the staff as tourists return in their droves after full border reopening
The number of people working at Japan’s hotels and inns is well below pre-pandemic levels, but the country has seen a 15-fold year-on-year increase in inbound tourists since fully reopening its ...
Elizabeth Warren wants to pass a major crypto bill. Sherrod Brown says not so fast.
Leaders of the SEC and CFTC are vying for pieces of the crypto market, and the split is reflected in legislation that’s started to emerge from Capitol Hill.
From $32 billion to criminal investigations: How Sam Bankman-Fried’s crypto empire vanished overnight
Part of why SBF, as he’s also called, earned street cred for carrying out a relatively straightforward trading strategy had to do with the fact that it wasn’t the easiest thing to execute on crypto ...
What FTX’s collapse means for crypto
The exchange’s swift descent into bankruptcy shocked the financial industry. FT reporters explain what went wrong, and what it all means ...
Wall Street has made serious strides to embrace crypto this year. But after FTX’s implosion, a regulatory crackdown is imminent.
From BlackRock to Apollo, the biggest names on the Street have been dabbling in crypto. FTX's implosion, however, is a huge setback for the industry.
FTX Latest: Fears of Contagion Darken the Crypto Sector Outlook
(Bloomberg) -- The crypto industry braced for more contagion from the fall of Sam Bankman-Fried’s FTX empire. The US and The Bahamas are talking about bringing him to America for questioning, people ...
Another Crypto Company Is Going Broke Because of FTX
The digital asset lender BlockFi said it had "significant exposure" to the FTX fiasco after a bailout from SBF. It's laying off staff and may go bankrupt.
FTX Collapse Comes Amid a Surge in Crypto Related Scams
Bad actors are using crypto assets to cheat consumers and you should take steps to protect yourself, according to the U.S. government.
FTX Collapse Leads the Way for New Crypto Regulations
Now, regulators may try to enact similar regulations for crypto markets in the wake of the FTX crisis. In the US, the Securities and Exchange Commission (SEC) has already hinted that the collapse may ...