World’s Biggest Crypto Fund Hits Record 42% Discount to Value of Bitcoin It Holds
Problems are multiplying for the world’s biggest crypto fund as chaos engulfs the industry.
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Bankman-Fried’s Assets Plummet From $16 Billion to Zero in Days
Entire $16 billion fortune of former FTX co-founder Sam Bankman-Fried has been wiped out, one of history’s greatest-ever destructions of wealth.
Scaramucci’s SkyBridge Is Trying to Buy Back FTX’s 30% Stake
Scaramucci said SkyBridge Capital is trying to repurchase 30% of his company that Sam Bankman-Fried’s FTX acquired before crypto exchange imploded.
Former Billionaire Behind Crypto Crash Apologizes: "I F----- Up"
Sam Bankman-Fried has apologized as the damage caused by the fall of his empire is still far from fully known.
JPMorgan Team Says Crypto Markets Face ‘Cascade’ of Margin Calls
Crypto markets face weeks of deleveraging in the fallout from the crisis at digital-asset exchange FTX.com.
FTX Fiasco Hits Investors From Tiger Global to Tom Brady
FTX.com fiasco ensnared biggest names in finance. FTX faces existential threats as regulators descend and a rival’s proposed bailout is uncertain.
Cathie Wood’s ARK Loads Up on COIN Despite FTX Crisis
Cathie Wood is doubling down on Coinbase (COIN). The fund reported that it's increasing its stake in Coinbase across its three funds.
