There were no expense controls for employees whose expenses were approved by chat with personalized emojis, according to the new CEO. The news will cause unprecedented anger among customers of FTX ...

"I'm deeply sorry that we got into this place, and for my role in it," Sam Bankman-Fried to FTX employees. "That's on me, and me alone, and it sucks, and I'm sorry." FTX, the crypto trading ...

Founded by former FTX and Alameda employees, Backpack aims to expand its derivatives offerings in the EU. The acquisition positions Backpack as a pioneer in offering regulated perpetual futures in ...

President Trump’s long-promised trade war could start as soon as Saturday, leaving companies scrambling for a workaround for ...

Ryan Salame, the former CEO of FTX Digital Markets, is headed to prison, but not before sharing his side of the story. Ryan talks candidly about the decisions he made at FTX, why he withdrew ...

The two cofounders were reportedly roommates for three years at college and later lived together in a Bahamas house that was home to several other FTX employees. After graduating from MIT with ...

The same goes for the Bahamas, which banked on the crypto industry—with FTX and its employees' lavish pastimes at the center—to bolster its economy. Today, FTX’s collapse has left a super ...

Update 11:00 am UTC: This article has been updated to include quotes from Philipp Zentner. FTX is preparing to distribute more than $1.2 billion in repayments to the bankrupt former cryptocurrency ...

The collapse of FTX, already one of the most spectacular disasters in financial history, worsened as hundreds of millions of dollars were drained from the cryptocurrency exchange hours after it ...