Posted on

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 […]







Posted on

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 […]




Posted on

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 […]




Posted on

FTX Investigating Possible Hack Hours After Bankruptcy Filing

Hours after it filed for bankruptcy, the collapsed cryptocurrency exchange FTX said early on Saturday that it was investigating “unauthorized transactions” flowing from its accounts, as crypto researchers documented transfers […]




Posted on

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 […]




Posted on

The Humbling of Coinbase

The bloat was especially severe on Coinbase’s customer-service team. New staff members often felt as if they didn’t have enough to do. “I got maybe four phone calls a day […]




Posted on

All Those Celebrities Pushing Crypto Are Not So Vocal Now

In the latest commercial from the virtual currency exchange Crypto.com, titled “Bravery Is a Process,” the star basketball player Joel Embiid walks through Philadelphia while Bill Self, his former college […]




Posted on

Sam Bankman-Fried, Crypto Billionaire, Wants Washington to Follow His Lead

Mr. Bankman-Fried spent much of Crypto Bahamas shuttling back and forth from his laptop to the convention stage. Even his mother, Barbara Fried, had trouble getting time alone with him: […]




Posted on

Crypto Nomads: Surfing the World for Risk and Profit

It is just after midnight in Hong Kong, and Sam Bankman-Fried stares at the trading data on his six monitors, watching a global cryptocurrency crash happening in real time.Mr. Bankman-Fried, […]