Stay updated with breaking news from Ftx Implosion. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The exemption allowed Alameda to keep borrowing funds from FTX irrespective of the value of the collateral securing those loans.
Considering all of his legal options. kate. >> thank you so much. so the sudden collapse of ftx is attracting the attention of lawmakers, some would argue a bit too late but the new ceo is testifying at a house hearingch it is the first time that he's spoken publicly since ftx implosion last month. matt egan is live in washington and watching all of this for us. a big question has been how does this happen? or was it -- how was it allowed to happen? what does john ray tell lawmakers about this? >> well, kate, the new ftx ceo is painting the picture of a company that is basically a dumpster f...
Biggest single day loss of assets in the history of money. billions of dollars evaporated in moments and it's not clear what happened to a lot of the money. it just disappeared and as it did, it spark add growing financial crisis across the entire sector of the economy. disaster that quite possibly could get very worse, very soon. but the story of ftx implosion is bigger than even in the global recession it may cause. it is the story of the complete and utter corruption of the people that run our country. the very people who should have been covering and regulating and reigning ftx and the 30-...
0 felled or harold ford jr.? he had one on his head last night and that's not all he had. i'm behaving because i'm chaperoning him and he needs a chaperon among other things. if he's running for president, he's got to clean himself up. all for tonight, dvr the show. tucker carl son is up next and i'm watters and this is my world. >> tucker: oh, the free state of florida here for the patriot awards. a highlight of the year. good evening and welcome to tucker carlson tonight. the collapse of the crypto currency exchange ftx is, even if you're not interested in cryptocurrency, a history changing ...