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Posts published by “Sarah Emerson”

FTX Owes Money To Every Major Tech Company, Including Google, Meta, Amazon And Apple

Add Google, Meta, TikTok, Twitter and Apple to the list of companies owed money by the ill-starred crypto exchange FTX in the aftermath of its catastrophic collapse. A new “creditor matrix,” published by FTX’s lawyers on Wednesday to the United States Bankruptcy Court of Delaware, runs 115 pages-long and contains thousands of names. The extensive

Crypto Darling Helium Promised A ‘People’s Network.’ Instead, Its Executives Got Rich.

Helium was touted as the best real-world use case of Web3 technology. But as it struggles to generate revenue, a Forbes investigation found that executives and their friends quietly hoarded the majority of wealth at the project's inception. By Sarah Emerson , David Jeans , & Phoebe Liu E ven for someone skeptical of crypto,…