The Latest Breaking News from FTX

After growing up amid upper-middle-class affluence in Silicon Valley as the children of two Stanford Law School professors, as a super-smart kid who got into MIT to study physics, Sam Bankman-Fried decided in those teen years that he wanted to save the world in the worst way.

Together, the family, the company and its executives bought nineteen properties over two years

The mainstream coverage of SBF and FTX is more than a little blasé.

The best con artists are the ones who identify the system’s frailties and then exploit them.

The former FTX CEO became the Democratic party’s top donor apart from George Soros during the last election cycle.

Mark Cuban shares his stance on crypto after exchange FTX collapsed and disgraced former CEO Sam Bankman-Fried disrupted the industry.

City comment: Far from quashing innovation, crypto regulation will set essential ground rules and protections for market participants

BlockFi is likely the just first of some big dominoes to fall in the wake of the FTX collapse. Here are some others to watch.

City Comment : There is something of the Fyre Island festival debacle about the downfall of crypto platform FTX. Like the 2017 scandal, there is a backdrop of sun kissed silver beaches - FTX operated largely out of the Bahamas - an apparently credible charismatic 30 year old entrepreneur running…