FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy
The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers.
FTX
How Effective Altruism Power Brokers Helped Make Sam Bankman-Fried
Sam Bankman-Fried leaving court on Feb. 16, 2023 (Liz Napolitano/CoinDesk)
FTX Paid Around $2.2B to Sam Bankman-Fried, New Management Says
The failed crypto exchange made a total of $3.2 billion in payments to Bankman-Fried and other key employees.
FTX Reaches $45M Deal to Sell Interest in Sequoia to Abu Dhabi’s Investment Arm
The agreement requires approval from a Delaware bankruptcy court as failed exchange seeks to raise funds for creditors.
FTX Bankruptcy Special Counsel, Advisers Bill $38M for January
FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants, and financial advisers working on the case.
Bankman-Fried Should Have Only Flip Phone, Website Whitelist, DOJ Says
Sam Bankman-Fried’s bail conditions should restrict his use of the internet, including the use of a non-internet connected flip phone, an attorney to the U.S. Department of Justice has proposed in court filings made late Friday.
‘Italian FTX’ Leaves Users in Limbo, Citing ‘Difficulties in Liquidity Management’
Andrea Medri, founder of The Rock Trading (YouTube)
Sam Bankman-Fried Cosplayed as a Genius. The Facts Reveal His Incredible Stupidity
New criminal charges against the FTX brain genius show a man who was thinking zero steps ahead.