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Unpacking the 2022 crypto credit crisis and its parallels with the 2008 financial crisis by analyzing Three Arrows Capital's collapse, FTX's implosion, and more (Matt Levine/Bloomberg)

[ad_1] Matt Levine / Bloomberg: Unpacking the 2022 crypto credit crisis and its parallels with the 2008 financial crisis by…

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A look at FTX's historical ties to Hong Kong, where SBF cultivated wealthy families for investment, and how Alameda-owned Genesis Block helped raise cash (Financial Times)

[ad_1] Financial Times: A look at FTX’s historical ties to Hong Kong, where SBF cultivated wealthy families for investment, and…

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Unlike Bernie Madoff, SBF has not confessed to any criminal conduct, arguing FTX's collapse was purely sloppiness, meaning a US prosecution could take some time (Ankush Khardori/New York Magazine)

[ad_1] Ankush Khardori / New York Magazine: Unlike Bernie Madoff, SBF has not confessed to any criminal conduct, arguing FTX’s…

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Sources: FTX's derivatives exchange LedgerX is for sale, attracting interest from Blockchain.com, Gemini, and others; Nov. 17 filing: LedgerX had ~$303M in cash (Bloomberg)

[ad_1] Bloomberg: Sources: FTX’s derivatives exchange LedgerX is for sale, attracting interest from Blockchain.com, Gemini, and others; Nov. 17 filing:…

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Internal doc: Alameda and FTX's largest venture bet was Bitcoin mining company Genesis Digital, investing a total of $1.15B between August 2021 and April 2022 (Bloomberg)

[ad_1] Bloomberg: Internal doc: Alameda and FTX’s largest venture bet was Bitcoin mining company Genesis Digital, investing a total of…

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Filing: US DOJ has requested that an independent examiner be appointed to review "substantial and serious allegations of fraud, dishonesty" in FTX's bankruptcy (CNBC)

[ad_1] CNBC: Filing: US DOJ has requested that an independent examiner be appointed to review “substantial and serious allegations of…

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Sources: LedgerX, known as FTX US Derivatives, plans to make $175M available for FTX's bankruptcy, part of a $250M fund reserved for a CFTC application (Bloomberg)

[ad_1] Bloomberg: Sources: LedgerX, known as FTX US Derivatives, plans to make $175M available for FTX’s bankruptcy, part of a…

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FTX's collapse was exacerbated by centralization; FTX being a decentralized exchange, based on smart contracts, could have prevented SBF draining customer funds (Wall Street Journal)

[ad_1] Wall Street Journal: FTX’s collapse was exacerbated by centralization; FTX being a decentralized exchange, based on smart contracts, could…

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A look at the dispute between FTX's new management and Bahamian regulators over who should control the company's assets, and how the fight may affect customers (Wall Street Journal)

[ad_1] Wall Street Journal: A look at the dispute between FTX’s new management and Bahamian regulators over who should control…

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FTX users flock to Telegram to reckon with their potential losses, where some say they believed FTX's links to the US made it unusually safe (John Herrman/New York Magazine)

[ad_1] John Herrman / New York Magazine: FTX users flock to Telegram to reckon with their potential losses, where some…

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