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Sam Bankman-Fried Blames ‘Huge Management Failures’ for FTX Collapse

On Wednesday, Treasury Secretary Janet L. Yellen called FTX’s collapse a “Lehman moment” for the cryptocurrency industry, referring to the bankruptcy of the Wall Street bank Lehman Brothers at the […]




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‘No Cooperation’: How Sam Bankman-Fried Tried to Cling to FTX

“Sam this is an excellent pick and I wholeheartedly hope you sign this tonight,” Mr. Dexter wrote in an email on the evening of Nov. 10. “The faster John is […]







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Caroline Ellison Was a Little-Known Crypto Trader. Then FTX Collapsed.

When his cryptocurrency exchange started teetering in early November, Sam Bankman-Fried went on Twitter to calm everyone down. FTX was fine, he insisted. Nothing to worry about. Joining him in […]




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How Alameda, FTX’s Sister Firm, Brought the Crypto Exchange Down

In late 2017, Sam Bankman-Fried, then 25 years old, co-founded Alameda Research, a small trading firm that marked the beginning of his cryptocurrency empire.Now the relationship between Alameda and his […]







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FTX’s In-House Performance Coach Is Just as Surprised as You Are

Over the past week, Dr. Lerner has had a front-row seat to the implosion of Mr. Bankman-Fried’s empire. First, the dramatic collapse of FTX, which followed what was the equivalent […]




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How Sam Bankman-Fried’s FTX Crypto Empire Collapsed

“We won’t pretend to make love after divorce,” Mr. Zhao wrote on Twitter. “We won’t support people who lobby against other industry players behind their backs.”When FTX collapsed, Mr. Zhao […]




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FTX Files for Bankruptcy As CEO Sam Bankman-Fried Resigns

The bankruptcy is a stunning fall from grace for the 30-year-old Mr. Bankman-Fried, who cultivated a reputation as a boy genius with a host of endearing quirks, including a habit […]




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Celsius Network Plots a Comeback After a Crypto Crash

The collapse of the experimental cryptocurrency bank Celsius Network was one of the main drivers of this spring’s crypto crash, which erased nearly $1 trillion from the market and ruined […]