Tag: Inside the Frantic Texts Exchanged by Crypto Executives as FTX Collapsed

The day before FTX filed for bankruptcy, founder Sam Bankman-Fried obtained an “alarmed” text message from Binance CEO Changpeng Zhao, reports the New York Times: Inside the Frantic Texts Exchanged by Crypto Executives as FTX Collapsed Mr. Zhao became worried that Mr. Bankman-Fried was orchestrating crypto trades that might ship the enterprise right into a…