Latest FTX News

logo of the FTX, a cryptocurrency exchange is displayed on a smartphone screen
Business 16 November 2022

Japan orders FTX to suspend operations

FTX Japan has gone into “close-only” mode, where users can only close out existing positions but can’t create new ones following the FSA’s suspension order.

FTX coin with man on the side
Business 11 November 2022

The Sam Bankman-Fried illusion has been shattered

In June, Sam Bankman-Fried said many 'crypto' companies are secretly insolvent while assuring that his firm, FTX, has enough to cover all client holdings, in contrast to what FTX personnel are claiming.

FTX cryptocurrency trading application on a smartphone in hand against the background of monitors with financial charts
Business 11 November 2022

FTX implosion is the real ‘red wave’

This week’s dramatic implosion of the FTX exchange continues to disgorge a seemingly nonstop parade of machinations and sordid revelations that threatens to engulf the entire digital asset sector.