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Sam Bankman-Fried to be released on $250 million bail into parents' custody
The founder of cryptocurrency exchange FTX appeared in court after being extradited from the Bahamas. He's charged with alleged fraud, conspiracy, money laundering and illegal campaign contributions.
Listen
•
2:19
The downfall of FTX's Sam Bankman-Fried sends shockwaves through the crypto world
Sam Bankman-Fried received huge plaudits and superstar status as the head of cryptocurrency exchange FTX. Now the comments aren't so kind after FTX filed for bankruptcy protection.
FTX investors fear they lost everything, and wonder if there's anything they can do
More than one million people may have lost their money in the spectacular collapse of the cryptocurrency trading firm. Some had big chunks of their life savings disappear into a black hole.
Listen
•
4:12
FTX made a cryptocurrency that brought in millions. Then it brought down the company
The now-bankrupt cryptocurrency exchange FTX made real money off of its own digital currency, called FTT. That currency is practically worthless now, but investors continue to trade it.
The charges against crypto's Bankman-Fried are piling up. Here's how they break down
A one-time unofficial spokesman for crypto who was reportedly worth billions, FTX's former CEO has been arrested on charges he committed fraud and conspiracy.
Fears of crypto contagion are growing as another company's finances wobble
After the collapse of FTX, many are wondering if another cryptocurrency platform called Genesis will fall next.
Wringing its hands over FTX's collapse, Washington hopes to prevent more crypto pain
Congress, which has been unable to pass comprehensive crypto legislation, is digging into what happened as regulators try to police the new, mysterious world of virtual currencies with old laws.
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•
4:00
As Walter Isaacson and Michael Lewis wrote, their books' heroes became villains
What happens when the hero you plan to write about becomes a villain in much of the public's eye? We asked bestselling authors Michael Lewis and Walter Isaacson about Sam Bankman-Fried and Elon Musk.
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•
7:02
2022 was the year crypto came crashing down to Earth
For the world of crypto, 2022 started with exuberance and ended with its unofficial spokesman in handcuffs.
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•
4:42
Coinbase lays off around 20% of its workforce as crypto downturn continues
This latest round of job cuts, around 950, comes after the company laid off about 1,100 people back in June.
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