FTX regulators in the Bahamas conceded they had seized FTX digital assets after being accused of doing so by FTX's U.S. attorneys in an emergency filing.
Tech layoffs are more a matter of perception than a matter for broader concern yet, a Morgan Stanley note read, with the larger workforce still understaffed.
A filing from FTX's new CEO reveals a culture of permissiveness and laxity, where expenses were approved with emoji and company funds paid for employee homes.
The chief executive of the largest online exchange for cryptocurrency, Binance, criticized the former CEO of bankrupt exchange FTX and took aim at economist Nouriel Roubini.
Microsoft's Satya Nadella says the tech giant wants to create more competition among game publishers, with its proposed offer to buy Activision Blizzard.
Meta Platforms fired or disciplined more than two dozen employees and contractors who took control of user accounts, according to The Wall Street Journal.
Newly appointed FTX CEO John Ray III excoriated Sam Bankman-Fried, declaring he had never seen such a failure of corporate controls or trustworthy information.
A crypto VC says he saw obvious "red flags" with Sam Bankman-Fried in 2018 when the FTX founder was seeking an investment for Alameda, his trading firm.
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