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Articles by

Kari McMahon

Kari McMahon is a London-based freelance journalist who writes about markets, business and technology topics with a specialist focus on the crypto industry. Her work has appeared in The Block, Business Insider and Unchained. She holds a Masters in Journalism from Northwestern University and spent the first part of her career as a python software developer.

November 2023

MakerDAO’s Christensen wants to make DAOs fun again. He’s not alone.

Projects are rethinking how to make DAOs more fun and less disappointing.

October 2023

Take two: Sam Bankman-Fried testifies, for real this time

FTX founder Sam Bankman-Fried denied defrauding anyone as he took to the stand in his criminal trial.

Sam Bankman-Fried’s testimony gets a test run as the defense presents its case

In a rare move, Judge Lewis Kaplan sent the jury home early so he can decide what is and isn’t admissible in FTX founder Sam Bankman-Fried’s testimony.

Prosecution winds up case against Bankman-Fried ahead of six-day pause in trial

FTX’s former general counsel Can Sun testified he was “shocked” by $7 billion in missing customer funds as the prosecution’s case starts to draw to a close.

FTX top lieutenant Nishad Singh bought US$3.7 million house after learning about the exchange’s misuse of customer funds

Nishad Singh testified he bought a house a month before FTX’s collapse despite learning of the exchange’s misuse of customer funds weeks prior.

FTX exec Nishad Singh testifies on Bankman-Fried’s ‘excessive’ and ‘flashy’ spending

FTX co-founder Nishad Singh testified on Bankman-Fried’s “excessive” spending including political donations coordinated in a group chat titled “Donations Processing.”

Binance: One year on from FTX’s downfall

Inside the world’s largest crypto exchange’s annus horribilis.

Sam Bankman-Fried planned to raise money from Saudi crown prince, Ellison testifies

Caroline Ellison details how Sam Bankman-Fried planned to raise capital from Saudi Crown Prince Mohammed Bin Salman as FTX struggled to repay lenders.

Former Alameda CEO Caroline Ellison testifies in ex-boyfriend Sam Bankman-Fried’s trial

Caroline Ellison, Sam Bankman-Fried’s ex-girlfriend and former CEO of Alameda Research, details how the trading firm took around $14 billion from FTX customers to repay lenders.

Little-known FTX co-founder Gary Wang testifies in Sam Bankman-Fried trial

Wang admits he implemented special privileges in the exchange’s code to enable Alameda Research to withdraw unlimited funds.

Sam Bankman-Fried committed ‘massive fraud,’ says prosecutor in opening statements

Prosecutors allege the founder of the failed FTX cryptocurrency exchange had a reputation that was “built on lies” as hotly awaited trial begins.

September 2023

Back from the dead: Can FTX stage a comeback?

The prospect of FTX’s return to the competitive exchange landscape is being keenly watched by stakeholders, reflecting on its meteoric rise, groundbreaking approach, and tumultuous fall.

Who’s who in the Sam Bankman-Fried trial?

FTX’s former CEO, Sam Bankman-Fried, faces DOJ scrutiny with seven charges. Here are the six key figures in the coming crypto courtroom showdown.

The rise and continuing fall of Sam Bankman-Fried: A step-by-step guide to his case so far

The 9 key pieces of information you need to know ahead of the FTX founder’s first trial on Oct. 2

August 2023

By royal decree — the UK moves toward regulating crypto

This first installment in a 3-part series on the U.K. digital asset industry looks at recent efforts to regulate crypto and expand the sector.