The Fallout of the FTX Collapse

The Fallout of the FTX Collapse

Aaron Kaplan, a securities attorney and co-CEO of trading platform Prometheum, says that although the final outcome for FTX and its customers is not yet crystal clear, there is precedent in scenarios such as this for people never to recover their funds. Unfortunately,...
What the Hell Happened to FTX?

What the Hell Happened to FTX?

CZ has denied that he deliberately created a liquidity crisis at FTX—”I spend my energy building, not fighting,” he tweeted on November 7—but Tim Mangnall, whose company Capital Block has consulted for both Binance and FTX, says this was a “shrewd” business manoeuvre...
Welcome to the Zombie Cryptocalypse

Welcome to the Zombie Cryptocalypse

The owners of cryptocurrencies have had a rough few weeks. Bitcoin and Ethereum have lost more than half their value since their peak last November, a slide that has outpaced the broader markets’ decline. Earlier this month, a so-called algorithmic stablecoin, Terra,...