Tag: Collapse
FTX Debtors Say ‘Greed & Incompetence’ Triggered Collapse
At FTX under Sam Bankman-Fried, financial oversight was apparently something of a joke.
That's according to a report issued Sunday (April 9) by the collapsed cryptocurrency exchange’s debtors, which...
Biden Calls For ‘Full Accounting’ Of SVB Collapse
President Joe Biden has called for an investigation into the collapse of Silicon Valley and Signature banks.
“There are important questions of how these banks got into the circumstances...
Penguin Random House CEO Quits After Mega-Merger Collapses
“Following the antitrust decision in the U.S. against the merger of Penguin Random House and Simon & Schuster, I have decided, after nearly 15...
FTX Collapse Has Historical Parallels; Will We Learn From Them?
By Pymnts
As details emerge surrounding the collapse of crypto trading firm FTX, investors should believe them.
In much the same way as Shakespeare’s famous adage...
