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 ...

Nov. 17: Ray gives a damning description of FTX’s operations under Bankman-Fried, from a lack of security controls to business funds being used to buy employees homes and luxuries. Nov. 30 ...

Welcome to our live coverage of the trial of FTX founder Sam-Bankman-Fried ... He asked her why she had sent a 2022 mid-year review to Alameda employees that seemed positive; Ellison responded ...

"I'm deeply sorry that we got into this place, and for my role in it," Sam Bankman-Fried to FTX employees ... Earlier this month, the crypto-focused news website CoinDesk reported that Alameda ...

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 ...

The spectacular downfall of FTX last year has cost investors and customers ... able to recover all of the losses here," Ray said last month. During typical bankruptcy proceedings, bond holders ...