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 ...

Kumanan Ramathan, an employee of Alvarez & Marsal, allegedly spent $1,733 on taxis in just one week in November 2022, while the FTX bankruptcy estate also paid $2,683.14 for three taxi rides on ...

The Justice Department wants to ban Sam Bankman-Fried, the former CEO of bankrupt FTX, from speaking to former employees of the crypto exchange. The founder and former CEO of bankrupt ...

Bankman-Fried's parents also claimed that the lavish villa in the Bahamas wasn't their "primary or exclusive residence," and that "FTX employees lived and worked there." They even went as far as ...

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 ...

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 ...