FTX

FTX

Finance

Failed Lender Voyager: ‘No Customer Will Be Made Whole’ Under FTX Proposal

FTX CEO Sam Bankman-Fried said his firm's offer would give Voyager customers back 100% of the remaining assets, while Voyager’s lawyers argue that it only benefits FTX.

Sam Bankman-Fried on CoinDesk TV (CoinDesk TV screenshot)

Finance

FTX to Offer Early Liquidity to Customers of Bankrupt Crypto Lender Voyager

The crypto exchange will allow the customers to create accounts funded by an early distribution of a part of their bankruptcy claims.

FTX CEO Sam Bankman-Fried (Craig Barritt/Getty Images)

Finance

Trading Firm Susquehanna Plots Bahamas Crypto Expansion: Sources

Call it the "SBF Effect": Crypto traders and market makers are opening outposts on FTX's home island en masse.

Bart Smith, Susquehanna global head of digital assets strategy, speaking at a conference in the Bahamas in May. (Danny Nelson/CoinDesk)

Finance

Crypto Lender BlockFi Had $1.8B in Open Loans at End of June and $600M of Exposure

The company has released a quarter-end snapshot of a number of operating statistics.

Publicidad de BlockFi en Union Station, Washington D. C. (Archivo de CoinDesk)

Vidéos

FTX’s Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry

FTX co-founder and CEO Sam-Bankman Fried said he isn’t bothered by losing some money if his bailouts keep the crypto infrastructure humming. “It’s OK to do a deal that is moderately bad in bailing out a place,” the outspoken industry leader said at the Bloomberg Crypto Summit in New York on Tuesday.

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Juridique

FTX's Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry

The crypto exchange's CEO is also willing to buy bitcoin for his company depending on the price.

FTX co-founder and CEO Sam Bankman-Fried says he's willing to lose money to help the crypto industry. (Jesse Hamilton/CoinDesk)

Vidéos

Bankruptcy Filing Reveals Biggest Celsius Creditors

Celsius Network's chapter 11 bankruptcy filing reveals the extended influence of crypto billionaire and FTX CEO Sam Bankman-Fried, according to Bloomberg. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Marchés

Celsius Sends $500M of Bitcoin Derivative to Crypto Exchange After Debt Payoff

The move comes just after the crypto lender reclaimed $450 million of collateral in WBTC, closing its loan from DeFi lending protocol Maker, blockchain data shows.

The Celsius booth at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)

Vidéos

Crypto Winter Hits NFTs; 3AC Files for Bankruptcy

Monthly NFT sales fall below US$1 billion for the first time in a year. Three Arrows Capital files for Chapter 15 bankruptcy in the US. Sam Bankman-Fried's FTX doubles down on BlockFi bailout. Experts weigh in on the future of stablecoins. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Finance

Sam Bankman-Fried Says He’d Consider Acquiring Troubled Crypto Miners Next

The FTX CEO said helping bail out crypto miners might help mitigate the credit contagion in the crypto sector.

Sam Bankman-Fried, CEO de FTX. (Stefani Reynolds/Bloomberg via Getty Images)