Michael Lewis depicts Sam Bankman-Fried as delusional in his new book, Going Infinite, but says SBF's explanations remain “irritatingly difficult to disprove”
“Going Infinite,” by Michael Lewis, offers a behind-the-scenes account of Mr. Bankman-Fried's rise and fall.
Sources: spooked by a growing regulatory crackdown, US banks are backing away from crypto companies and re-evaluating their exposure, no matter how small
SEC and banking overseers step up scrutiny following collapse of FTX — Crypto's Crash Has Been Swift but Largely Self-Contained. Here's Why.
The US SEC proposes a rule that would bar investment advisers from storing assets at crypto platforms and lenders that are not registered as exchanges or banks
Jesse Hamilton / CoinDesk :
Bulgarian police say London-based crypto lender Nexo's office in Sofia was raided on Thursday, seeking information on suspected money laundering and tax crimes
Crypto lender Nexo's office in Sofia was raided by Bulgarian police on Thursday as part of an investigation into suspected money laundering and tax crimes.
Binance CEO Changpeng Zhao acknowledges temporarily suspending accounts over “abnormal” altcoin trading, following a spat with a high-profile crypto trader
The company says the observed activity had nothing to do with compromised accounts or leaked API keys.
Mazars' recent Binance “proof of reserve” report only covers a small set of financial data, raising fresh questions about Binance's ability to meet obligations
Crypto exchange has begun releasing data to shore up confidence following collapse of FTX — Crypto's Crash Has Been Swift but Largely Self-Contained.
Investor letter: Tiger Global's long-only fund ended Q2 down 63.6% and its flagship fund dropped 50% in H1, after it “underestimated the impact” of inflation
Chase Coleman's group sustains steep losses and admits it ‘underestimated’ effect of rising prices
Sources: Klarna is nearing a deal to raise ~$650M mostly from existing investors led by Sequoia Capital at a ~$6.5B valuation, down from $45.6B in June 2021
The deal would be a huge comedown for the company, which investors valued at $45.6 billion in 2021
An in-depth look at Tiger Global, the secretive hedge fund and VC firm led by Chase Coleman, as its huge bets on booming tech stocks led to a $25B+ loss by June
Secretive hedge fund Tiger Global changed the rules on tech investing. Then it all went bad. Tweets: @acfou , @nymag , @jcoviedo6 , @walt373 , @churchillcap1 , @alderlaneeggs , @g...
At Monday's close, the largest US tech companies lost $1T+ in value over three trading sessions; Apple lost $220B, Microsoft $189B, Amazon $173B, and Meta $70B
- Apple, the most valuable publicly traded company, has seen its market capitalization trimmed by over $200 billion since Wednesday …
Analysis: Tiger Global has lost about $17B in 2022 during the tech stock sell-off, erasing around two-thirds of its gains made since 2001 in four months
Hedge fund suffers ‘breathtaking’ drop as speculative stocks sink from pandemic peaks — Tiger Global has been hit by losses …