FTX Hearings: All the Big Moments in 12 Minutes

Congress recently held two hearings investigating the FTX collapse. Watch the big moments in this recap.

The Case Against Sam Bankman-Fried

Sam Bankman-Fried has been arrested, accused of engineering “one of the biggest financial frauds in American history.” 

In a Department of Justice indictment unsealed on Tuesday, Bankman-Fried has been charged with eight counts including conspiracy to commit wire fraud on customers and lenders, money laundering and violations of campaign finance laws. 

Bankman-Fried, who was arrested in the Bahamas on Monday, faces years in prison if convicted. 

The charges point to a long-running scheme to misappropriate the deposits of exchange customers to pay debts and expenses of Bankman-Fried’s private trading firm Alameda Research and to make investments. 

The conspiracy ran from 2019 — the year he founded FTX — until its collapse last month, according to the complaint.

‘This Company Was Uniquely Positioned to Fail:’ FTX Group CEO John Ray

Streamed live 14 hours ago. Watch coverage of a House Financial Services Committee hearing with FTX Group CEO John Ray following the arrest of former CEO Sam Bankman-Fried in the Bahamas.

Sam Bankman-Fried Arrested in Bahamas After US Files Charges

Sam Bankman-Fried was arrested in the Bahamas. His detention followed a notification from the US that it had filed criminal charges against the disgraced co-founder and former head of digital-asset exchange FTX, according to the Bahamas attorney general.

FTX And The Future of Crypto

FTX Founder Sam Bankman-Fried on the Crypto Exchange's Collapse

FTX founder Sam Bankman-Fried sat down with The Wall Street Journal to discuss what happened to the billions of dollars deposited by the exchange’s customers. This interview has been edited for length.

Citadel Advantage News Digest

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In this edition -

• "CBDCs: a potential game-changer for treasurers"
• "Why Meta Dropped 70%"
• "Ex-FTX boss Bankman-Fried: 'I didn't try to commit fraud' "
• "Examining the revolution in mobile banking”

NEWS about World Affairs, Banking, Fintech, Payments, Business, Blockchain, Crypto, Money and more…

CHECK IT OUT HERE>>.

Here’s Why FTX Collapsed — And Why It Matters -The Mehdi Hasan Show

FTX, a $32 billion cryptocurrency company that was supposed to change the world, evaporated seemingly overnight in a “liquidity crisis.” In other words, all the money's gone. The New Republic’s Jacob Silverman, along with actor and crypto skeptic Ben McKenzie, join Mehdi to discuss FTX’s downfall.

FTX Disaster - 7 Unbelievable Bankruptcy Discoveries

The FTX Disaster is Deeper Than you Think

A deep dive into Sam Bankman-fried (SBF) and the FTX / Alameda situation.

Investors learning this ‘painful lesson’ after FTX’s ‘crypto Ponzi scheme’

'Coin Stories' podcast host Natalie Brunell argues FTX's bankruptcy was a 'failure on so many levels.'

How FTX Went Bankrupt - What Went Wrong

Former CEO Sam Bankman-Fried was hailed as a savior of crypto before FTX’s implosion. 

Cryptocurrency exchange FTX was seen as a survivor in a struggling industry, but over the course of six days the exchange collapsed due to a sudden liquidity crunch. 

WSJ explains the factors that drove FTX’s growth and what led to its downfall. Illustration: Alexandra Larkin