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FTX’s

Mint Images/Getty Images (NEW YORK) — Sam Bankman-Fried took naps on a bean bag while living with 9 other employees at a $35 million apartment in the Bahamas, a witness testified at the FTX founder’s criminal trial on seven counts stemming from the collapse of the crypto-exchange. The witness, Adam Yedidia, who worked as a […]

Namthip Muanthongthae/Getty Images (NEW YORK) — FTX’s new chief executive told a bankruptcy court Monday there is “a danger” to authorizing an independent investigation of the crypto exchange’s collapse. John Ray said he had no use for prior court-supervised investigations into other companies he steered through bankruptcy. “Neither in Enron nor in Residential Capital did […]