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The cryptocurrency firm FTX filed for bankruptcy last week, leaving investors and brokers scrambling. FTX CEO Sam Bankman-Fried stepped down, and government regulators are looking into potential criminal charges. Founder and CIO of TrueCode Capital, Joshua Peck, joins CBS News’ Tony Dokoupil and Lilia Luciano to try to make sense of it all…
The startling collapse of FTX Trading has cast a pall on the entire cryptocurrency sector, sowing fears that even the world’s biggest exchange for digital assets may not be safe…
Crypto investors have endured more than their fair share of sudden market meltdowns this year thanks to shocking revelations about poorly managed crypto projects.
This week brings yet another seismic disruption. This time it’s FTX…
He drives a Toyota Corolla to work, lives in a house with 10 roommates and a goldendoodle dog named Gofer, sometimes sleeps under his desk on a beanbag and was, until this week, worth tens of billions of dollars…
The stunning downfall of the FTX exchange, one of the biggest and most reputable players in the market for digital assets, is sparking alarm among people who own cryptocurrencies as investors run for cover…
For many proponents of digital currencies, the demise of crypto exchange FTX shows the line between “bad” centralized crypto and its “good” decentralized counterpart. Unfortunately, the two are more intertwined than fans may care to admit…
Three Arrows Capital (3AC), a Singapore-based crypto hedge fund that at one point managed over $10 billion worth of assets, became one of the many crypto firms that went bankrupt…
