FTX Was Run as ‘Personal Fiefdom,’ Faces Hacks and Missing Assets: Attorneys

Share!

Insurance Journal - Nov 23, 2022

FTX was run as a “personal fiefdom” of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchange said in its first bankruptcy hearing as they detailed ongoing challenges such as hacks and substantial missing assets. In the highest-profile crypto …...

Read Full Article

Recommended Articles

Viewpoint: The 2026 Forecast for European Insurers Is Partly Cloudy

Posted: Dec 17, 2025

The European insurers that S&P rates displayed good operating performance in the life and non-li...

Passenger Ferry Held for Hours After Suspected Russian Hack

Posted: Dec 17, 2025

European investigators are probing whether Russian military hackers breached computer systems on a v...

Risksmith Launches New Earthquake Program for Hard-to-Place Property Risks

Posted: Dec 17, 2025

ATLANTA, G.A. (Dec. 17, 2025) – Risksmith Insurance Services, a specialty Managing General Underwrit...