The Latest Breaking News on FTX claims Bybit, one of world’s largest crypto exchanges, used VIP status to pull hundreds of millions of dollars during collapse

The news Australia is searching for, and all the news that happened while you snoozed: This is The Loop, your quick catch-up for this morning's stories as they happen.

Mercedes is to keep the stickers of troubled crypto exchange firm FTX on its Formula 1 car for this weekend’s Brazilian Grand Prix, despite the near-collapse of the company.

"I was slammed with things to do and didn't give updates to you all. And so we are where we are. Which sucks, and that's on me. I'm sorry.”

The former Treasury secretary said the tech sector “has over-extrapolated from past success to believe that trees grow to the sky."

International exchange for crypto assets is in effect unregulated – and may have been built on sand

FTX is a lot like Lehman Brothers—minus the government having its back.

FTX's founder and CEO was apologetic, but not terribly forthcoming.

Life in the cryptocurrency industry is rarely quiet for long, and after a tumultuous summer, it seems the market is now entering a “crypto winter”. Over the past week, the founders of two of the largest cryptocurrency exchanges – Binance and FTX – have had a public Twitter spat that…

Bankman-Fried apologized to investors and said he would be “incredibly, unbelievably grateful” if they could help out.