FTX


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FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange

The federal indictment doesn't identify Sam Bankman-Fried's FTX as the pilfered company, but Bloomberg reported that's who it was.

FTX's Sam Bankman-Fried exiting a federal courthouse in New York last year. (Nikhilesh De/CoinDesk)

Videos

Bitcoin Slips as Fed Leaves Rates Unchanged; Celsius to Distribute $3B Crypto to Creditors

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines shaping the industry today, including an update that Celsius will be shipping out more than $3 billion to its creditors as the firm's bankruptcy is officially closed. A U.S. Federal Reserve decision dents market hopes of a rate cut at its next meeting in March. And, FTX customers get a hopeful legal update.

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Finance

Larry David Calls Himself an 'Idiot' for Doing Infamous FTX Super Bowl Ad

Sam Bankman-Fried's cryptocurrency exchange infamously collapsed months after the commercial.

Larry David on Super Bowl ad for Sam Bankman-Fried's FTX: 'Like an Idiot, I Did It' (Axelle/Bauer-Griffin/FilmMagic)

Policy

FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange

An initial surge in the FTT token after the news turned negative, leaving FTT plummeting 15% today.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)

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Markets

FTT Bucks Market Turmoil as FTX Estate Revealed to Be Behind GBTC Sales

FTT was up 11% in the past 24 hours as the broader market tracked by CoinDesk 20 slumped 4%.

(CoinDesk)

Policy

FTX Affiliate Alameda Research Drops Grayscale Lawsuit

FTX liquidators are scrapping a costly legal battle to secure money for FTX creditors, following GBTC's conversion into a spot bitcoin ETF.

The now-former FTX Arena (Danny Nelson/CoinDesk archives)

Finance

FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

BTC's price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.

FTX logo (Adobe Firefly)

Videos

Sam Bankman-Fried Saga Continues in FTX Lawsuit; Bitcoin's ‘De-Dollarization’ Narrative

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines shaping the crypto industry, including Sam Bankman-Fried's parents asking a court to dismiss a lawsuit by FTX seeking to recover funds. Plus, insights on the dollar's popularity and the real-world focus of the metaverse.

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Sam Bankman-Fried's Parents Ask Court to Dismiss FTX's Lawsuit Seeking to Recover Funds

Bankman and Fried, both professors at Stanford Law School, argued that Bankman did not have a fiduciary relationship with FTX .

Barbara Fried and Joe Bankman at the federal courthouse where their son, Sam Bankman-Fried, was preparing to testify on Oct. 26, 2023 (Victor Chen/CoinDesk)

Videos

Could Crypto Lobbying Make a Comeback in 2024?

As part of CoinDesk's "Gen C" podcast, hosts Sam Ewen and Avery Akkineni discusses some of their predictions for 2024, including crypto lobbying returning after FTX's implosion, game engine-powered shopping experiences finding its place and why events and experiences could become more valuable.

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