Bankruptcy


Policy

California Finance Regulator Revokes BlockFi's Lending License

FTX, which filed for bankruptcy Friday, had given BlockFi a $400 million line of credit.

BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)

Videos

A Timeline of Crypto Exchange FTX's Collapse

FTX, once one of the largest crypto exchanges in the world, filed for Chapter 11 bankruptcy protection in the United States. "All About Bitcoin" host Christine Lee breaks down how it all happened.

Recent Videos

Videos

Bitcoin Drops After FTX Bankruptcy Filing

Bitcoin (BTC) and other cryptocurrencies sharply fell on the news that troubled crypto exchange FTX is filing for bankruptcy and CEO Sam Bankman-Fried is resigning from the company. FTX US also froze crypto withdrawals, sending millions in assets to bankruptcy limbo. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Finance

From Enron to FTX: Wall Street Turnaround Titan John Jay Ray III Takes Reins from FTX CEO Sam Bankman-Fried

Sam Bankman-Fried handed over control of his company to the veteran Wall Street  bankruptcy lawyer, who will guide the company’s Chapter 11 process.

(Leon Neal/Getty Images)

Policy

FTX Employees Worldwide Learned of Bankruptcy Along With the Public

Staff from FTX Japan and other subsidiaries found out about the insolvency filing on Twitter, CoinDesk was told.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Videos

What FTX Filing For US Bankruptcy Protection Means For Crypto Markets

Sam Bankman-Fried has stepped down as CEO of crypto exchange FTX as the company files for Chapter 11 bankruptcy in the U.S. Forex.com Global Head of Research Matt Weller discusses FTX's downfall and what this means for bitcoin (BTC), altcoins, and the crypto industry at large.

Recent Videos

Videos

FTX Files for Bankruptcy Protections in US; Sam Bankman-Fried Resigns

Crypto exchange FTX announced that it is filing for Chapter 11 bankruptcy and Sam Bankman-Fried has stepped down from his role as CEO but will “remain to assist in an orderly transition.” CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in.

Recent Videos

Policy

FTX Files for Bankruptcy Protection in US; CEO Bankman-Fried Resigns

Bankruptcy filings attributed to FTX US and Alameda Research estimate each company has $10 billion to $50 billion in liabilities.

Former FTX CEO Sam Bankman-Fried in the Bahamas (Danny Nelson/CoinDesk)