The collapse in cryptocurrency prices last year forced a procession of major firms into bankruptcy, trigging a government crackdown and erasing the savings of millions of inexperienced investors.But for a […]
Virtual Currency
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Back to news homeSam Bankman-Fried Sent to Jail After Judge Revokes Bail
Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, was sent to jail on Friday after a federal judge in New York revoked his bail, accusing him of trying […]
Crypto’s Next Craze? Orbs That Scan Your Eyeballs.
One evening last month, a crowd of cryptocurrency enthusiasts gathered at an art gallery in downtown Manhattan. They were greeted by a scene from science fiction.At one end of the […]
Caroline Ellison Writes About Ex-Crypto Mogul Sam Bankman-Fried
Three months before the cryptocurrency market imploded last year, Caroline Ellison, the 27-year-old chief executive of the crypto hedge fund Alameda Research, was racked with self-doubt.“I have been feeling pretty […]
Founder of Bankrupt Crypto Firm Celsius Arrested on Fraud Charges
Alex Mashinsky, the founder and former chief executive of the bankrupt cryptocurrency firm Celsius, was arrested on Thursday and charged with fraud, federal prosecutors said.Mr. Mashinsky was also sued by […]
How Tom Brady’s Crypto Ambitions Collided With Reality
As the FTX cryptocurrency exchange imploded last fall, Tom Brady, the seven-time Super Bowl-winning quarterback, made an urgent phone call.He dialed Sina Nader, FTX’s head of partnerships. The exchange’s staff […]
He Went After Crypto Companies. Then Someone Came After Him.
“That was the first moment I thought, ‘Oh, wow, maybe I can do something with this,’” he said.By then, Mr. Roche was a first-year associate at Boies Schiller Flexner, where […]
Founders of Three Arrows, Failed Crypto Fund, Are Living Large
Mr. Zhu said he was tuning out the criticism. On Twitter, he responded to a negative article in The Wall Street Journal by quoting John F. Kennedy: “We choose to […]
Binance Halts Trading in Dollars on Binance.US
The American branch of Binance, the giant cryptocurrency exchange, said late on Thursday that it would no longer allow customers to trade on its platform using U.S. dollars, after its […]
Crypto Firms Start Looking Abroad as U.S. Cracks Down
The wave of government enforcement against cryptocurrency companies is beginning to remake the industry.Coinbase, the largest crypto exchange in the United States, has opened a business in Bermuda. Gemini, a […]