Category: The Block

The Block: SBF tells New York Times that he ‘could be worse’

Bankman-Fried touched on the exchange’s margin position, his wish that he’d taken on less and whether or not he relied to heavily on a small group of close colleague in the wide-ranging interview. The post SBF tells New York Times that he ‘could be worse’ appeared first on The Block. 

The Block: Rapid Insights: An Initial Look at The Fallout from FTX’s Collapse

Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. This issue of Rapid Insights summarizes the latest developments surrounding the now-insolvent FTX  In the span of 4 days, FTX has filed for bankruptcy after experiencing one of the largest bank runs in the history of crypto Sam Bankman-Fried had misrepresented the state of FTX’s finances to users and investors alike and covered an $8b hole in FTX’s balance sheet As FTX is liquidated, there will be far-reaching impacts on the crypto ecosystem, some of which will only be revealed in time 

Generated by Feedzy