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The Latest Breaking News from Alameda Research

FTX Collapse: Bankman-Fried Flip-Flops On His Extradition

The fallen founder of the cryptocurrency exchange is in prison in the Bahamas, where he was arrested at the request of the US authorities.

The Street

Why were the media hypnotised by Sam Bankman-Fried?

Credulous or ignorant interviewers made it easier for the disgraced crypto wunderkind to pull the wool

The Guardian - UK

After FTX, Are Binance's Days Numbered?

FTX rival Binance is at the center of wide bankruptcy speculation.

The Street

From analysis to the latest developments in health,
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Bankman-Fried made Agriculture panel members focus of campaign support

Sam Bankman-Fried and other FTX employees put House and Senate Agriculture panel members at the focus of campaign spending and donations.

Roll Call

FTX ally warned authorities days before Bankman-Fried arrest

Ryan Salame told the Bahamian securities commission that funds were being used improperly

The Guardian - UK

Sam Bankman-Fried: the crypto pioneer behind one of the largest financial frauds in history

The 30-year-old is facing decades in jail after being found guilty of fraud. So how did the FTX founder end up here? Amy Francombe reports

Evening Standard

FTX’s venture investments in limbo with SBF in custody and prosecutors and lawyers circling crumbs of his crypto empire

The SEC claims Sam Bankman-Fried used FTX customer funds to make venture investments.

Fortune

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Who is Sam Bankman-Fried and why was the FTX founder arrested in the Bahamas?

The former ’King of Crypto’ is currently behind bars

Evening Standard

FTX Was a Fraud From the Beginning, Regulators Say

U.S. regulators paint a bleak picture of the crypto empire of Sam Bankman-Fried.

The Street

Silvergate Capital faces questions from lawmakers amid FTX crypto exchange collapse

San Diego's Silvergate Capital made its name in recent years as one of a few traditional banks providing deposit, fund transfer, security and other services for the cryptocurrency trading market.

Tribune News Service

Inside wild life of polyamorous 'Crypo king' who lost $32billion in FTX collapse

Sam Bankman-Fried went from a multi-billionaire to destitute overnight when his cryptocurrency exchange FTX collapsed after it was revealed billions were being funnelled into another of his companies

Daily Mirror

Former FTX CEO Bankman-Fried hit with 8-count indictment

Former CEO Sam Bankman-Fried is accused of raising more than $1.8 billion from equity investors since May 2019 by promoting FTX as a safe, responsible platform for trading crypto assets. Instead, the complaint says, Bankman-Fried diverted customers’ money into his privately-held crypto fund without…

Chicago Sun-Times

Sam Bankman-Fried and other FTX staff allegedly had ‘Wirefraud’ chat group

Chat group on the platform Signal was reportedly used to send end-to-end encrypted information about FTX and its hedge fund

The Guardian - US

FTX Collapse: Bankman-Fried Sued by the CFTC

The CFTC has filed a lawsuit against the founder of the FTX cryptocurrency exchange.

The Street

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Reason

FTX's Sam Bankman-Fried Used Customer Assets to Fund Political Donations, Says SEC

Plus: moral panic about department stores, the obvious cause of homelessness, and more...

Tribune News Service

SEC says Bankman-Fried defrauded investors of $1.8 billion

FTX co-founder Sam Bankman-Fried was accused by U.S. regulators of carrying out a multi-year scheme to defraud investors.

The Street

FTX Collapse: Bankman-Fried's Rise Ends in a Jail Cell

Until the morning of Nov. 8, Sam Bankman-Fried, the founder of the cryptocurrency exchange sat on top of the crypto world.

Roll Call

US unseals fraud and conspiracy charges against Bankman-Fried - Roll Call

The U.S. brings criminal and civil charges Tuesday against former FTX CEO Sam Bankman-Fired, including one related to campaign finance law.

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news in one place.

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Fortune

SBF was arrested before a pivotal congressional hearing on FTX’s monumental collapse. Here’s how to watch and what to expect

What questions will lawmakers ask with SBF in custody?

Al Jazeera

Timeline: The rise and spectacular fall of FTX

The crypto exchange was founded in 2019 and attracted big-name investors such as Singapore’s sovereign fund Temasek.

Tribune News Service

Sam Bankman-Fried arrested in Bahamas as US files FTX charges

Sam Bankman-Fried, the disgraced co-founder of digital-asset exchange FTX, was arrested in the Bahamas after the US government filed a criminal indictment, following weeks of speculation that client funds were misused before his empire’s collapse.

The Street

FTX Collapse: Bankman-Fried Wants to Avoid Arrest on US Soil

The deposed founder of the bankrupt cryptocurrency exchange will not testify in person before Congress on December 13.

The Street

Crypto Problems Grow: Binance Might Face Money-Laundering Charges

U.S. prosecutors are considering charges against the cryptocurrency exchange and its executives, including CEO Changpeng Zhao, according to Reuters.

Salon

Why did we need cryptocurrency?

It's deeply surprising that investing in money that isn't money, at a bank that isn't a bank, didn't go well

The Street

Crypto Price Check: Lawmakers Want Answers in Light of FTX Collapse

Lawmakers worldwide are looking to increase regulatory oversight of the crypto sector in light of FTX's collapse.

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