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FTX Investors Are Back in the Spotlight—as Victims
By
Aidan Ryan
· Sept. 27, 2023 10:19 AM PDT ·
3 comments
Sam Bankman-Fried’s criminal trial, set to kick off with jury selection on Oct. 3, will thrust the FTX founder and the collapse of one of the world’s biggest crypto exchanges back in the spotlight. It will be a brutal reminder of a huge misstep by Sequoia Capital, Paradigm and other investors who poured a total of $2 billion into...
Sam Bankman-Fried’s criminal trial, set to kick off with jury selection on Oct. 3, will...
Crypto Global
crypto
How the SBF Trial Could Upend Crypto Policy
By
Aidan Ryan
· Sept. 27, 2023 9:00 AM PDT
All eyes will be on the trial of Sam Bankman-Fried next week, which is set to kick off in a Manhattan court on Oct. 3. The trial will bring FTX and its dramatic collapse back into the news, which could spell trouble for crypto proponents who have been advocating for pro-crypto legislation in Washington.“We realize it's going to be the major...
All eyes will be on the trial of Sam Bankman-Fried next week, which is set to kick off in a...
Crypto Global
crypto
Behind the Scenes at Paradigm
By
Aidan Ryan
· Sept. 20, 2023 9:06 AM PDT
Paradigm has established itself as one of the premier crypto-focused investors. More recently, though, it’s had to navigate the blowup of FTX and faced criticism from the crypto community, who took a website redesign to mean the firm was ditching crypto in favor of AI. I took a look at what’s next for Paradigm in a deep dive published...
Paradigm has established itself as one of the premier crypto-focused investors. More recently,...
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‘People Think He’s Just a Straight-Up Sociopath’: The 5 Biggest Warning Signs We Missed About SBF
By
Margaux MacColl
· Nov. 11, 2022 4:29 PM PST ·
36 comments
Another day, another fallen crypto titan. But this one has shocked the system more than most. This week, all of Silicon Valley watched with mouths agape as blockchain golden boy Sam Bankman-Fried tumbled from his very high pedestal. Many are now asking the same question: What signs did we miss? (For a good recap of everything that’s happened to...
Another day, another fallen crypto titan. But this one has shocked the system more than most....
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FTX’s Bankman-Fried Quietly Invested More than $500 Million in Sequoia and Other VCs
By
Kate Clark
· Nov. 10, 2022 11:53 AM PST ·
3 comments
FTX founder Sam Bankman-Fried was not only a tireless fundraiser from venture capital firms including Paradigm and Sequoia Capital, but also quietly made investments in those same funds, according to two people familiar with the matter. The unusual moves show how entangled Silicon Valley VC firms are in Bankman-Fried’s collapsing crypto...
FTX founder Sam Bankman-Fried was not only a tireless fundraiser from venture capital firms...
Data Point
crypto
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The Metaverse Real Estate Boom Turns Into a Bust
By
Aidan Ryan
· Aug. 3, 2022 2:08 PM PDT ·
9 comments
The metaverse is in the midst of a real estate meltdown. Sales volumes and average prices for virtual land have plunged this year, part of a broader slide in crypto and non-fungible token prices. Soaring interest in virtual property spawned an industry that mirrors traditional commercial real estate—buyers develop land by adding virtual...
The metaverse is in the midst of a real estate meltdown. Sales volumes and average prices for...
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