Tim Draper, founder and managing partner of Draper Associates and Draper University, balked at comparing the stunning implosion of crypto trading platform FTX to the notorious biotech startup Theranos, in Read more
Tag: collapse
FTX bankruptcy: Tom Brady, Steph Curry set to lose big from company’s collapse
Former FTX CEO Sam Bankman-Fried lost his entire $16 billion fortune in just a few days after his company filed chapter 11 bankruptcy protection on Friday, but he’s not the Read more
Sam Bankman-Fried’s philanthropic fund halts donations amid FTX collapse and ‘questions about legitimacy’ and why you need to understand the FTX debacle even if you have no investments in crypto
Hi, MarketWatchers. Don’t miss these top stories. Sam Bankman-Fried’s philanthropic fund halts donations amid FTX collapse and ‘questions about legitimacy’ Bankman-Fried has said his goal is to make as much Read more
Crypto lender BlockFi pauses withdrawals in wake of FTX’s collapse
Crypto lending platform BlockFi announced it was halting withdrawals Thursday night in the wake of the collapse of crypto exchange FTX. “We are shocked and dismayed by the news regarding Read more
Crypto lender BlockFi pauses withdrawals in wake of FTX’s collapse
Crypto lending platform BlockFi announced it was halting withdrawals Thursday night in the wake of the collapse of crypto exchange FTX. “We are shocked and dismayed by the news regarding Read more
‘Bedazzled by money’: Democratic ties to Sam Bankman-Fried under scrutiny after FTX collapse
Sam Bankman-Fried’s fall from grace has dealt an unprecedented blow to the crypto industry’s reputation — and some of this infamy may rub off on politicians who took his money, Read more
Hedge fund giant Elliott warns looming hyperinflation could lead to ‘global societal collapse’
“Investors should not assume they have ‘seen everything’” That was from executives at leading hedge fund Elliott Management, who warned that the world is heading towards the worst financial crisis Read more
Morbi bridge collapse: How a tourist spot became a bridge of death
One of India's worst disasters for years left 135 people dead – how did it happen? #touristspot #morbi #disasters #bridgecollapse #bridge
Argo Blockchain shares collapse as planned fundraising falls through
Argo Blockchain PLC shares fell Monday after it said it no longer expects to carry out a share subscription with a strategic investor, and warned it would need to complete Read more
Facebook in freefall: 5 charts that show Meta’s financial collapse
It seemed to start with the name change. When Mark Zuckerberg’s company was named Facebook, it was nipping at the heels of Big Tech juggernauts like Alphabet Inc. GOOGL, -2.85% Read more
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