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The Latest Breaking News from BankmanFried

Judge Finds Losses Exceeding 0 Million In Bankman-Fried Case

Judge Kaplan determines 0 million loss in Bankman-Fried's crimes, with skepticism on full FTX customer reimbursement.

Top News

US Charges 3 In $400 Million Sim-Swapping Hack Linked To FTX

A U.S. court has charged three individuals for staging a SIM-swapping hack that reportedly victimized FTX, Sam Bankman-Fried's fallen crypto exchange.

International Business Times

OpenAI's crackup is another black eye for effective altruism

Effective altruism—made famous by Sam Bankman-Fried—is back in the news for all the wrong reasons.

Fortune

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Inside the FTX straw donor machine, where customer funds were funneled into campaign contributions

"It was for advantageous optics," former FTX engineering chief Nishad Singh testified on Monday.

Fortune

Bankman-Fried’s trial enters week 2: What’s happened so far, and what to expect when his ex takes the stand

Ellison is the former CEO of Alameda Research, Bankman-Fried’s ex-girlfriend, and the prosecution’s star witness.

Fortune

Sam Bankman-Fried was not surprised by $8bn FTX shortfall, key witness says

Gary Wang says Bankman-Fried had ‘neutral demeanor’ when told crypto exchange had lost billions days before collapse

The Guardian - US

How Binance's CEO outwitted Bankman-Fried, and helped topple FTX

"CZ" appears to have laid a trap for Bankman-Fried in a transaction between the men that preceded FTX's collapse.

Fortune

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Did Sam Bankman-Fried's mother enable the FTX straw donor scheme?

A new lawsuit alleged that Sam Bankman-Fried's mother was instrumental to campaign finance violations.

Fortune

Prosecutors say Sam Bankman-Fried's arguments to dismiss cryptocurrency charges are meritless

New York prosecutors say Sam Bankman-Fried's lawyers made meritless arguments in a bid to convince a judge to toss out criminal charges alleging that the FTX founder stole from investors in his multibillion dollar cryptocurrency fund

The Independent UK

Why must big City firms always fall for scams like FTX?

THERE must be some very awkward meetings taking place across the City and Wall Street right now. The sort of encounters where people bang tables and demand explanations, where they look at PowerPoints and Excels, and gasp.

Evening Standard

FTX Collapse: Bankman-Fried Receives Very Bad News

A former lieutenant of SBF, Nishad Singh, pleaded guilty to fraud and is cooperating with investigators looking into the crypto exchange's bankruptcy.

The Street

Former FTX head of engineering Nishad Singh pleads guilty in billion-dollar fraud case

NEW YORK — The former head of engineering at Sam Bankman-Fried’s bankrupt cryptocurrency trading firm FTX owned up to fraud charges on Tuesday, federal prosecutors said.

Tribune News Service

FTX founder Sam Bankman-Fried’s secret bail co-signers are Stanford dean and a researcher

NEW YORK — The names of two secret signers of Sam Bankman-Fried’s staggering $250 million bond package were revealed Wednesday.

Tribune News Service

Matt Damon-Backed Crypto.com Cuts 20% of Jobs to Address FTX Damage

Cryptocurrency exchange crypto.com is paring jobs, just a few months after an initial round of cuts.

The Street

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The Independent UK

Judge kept FTX execs' plea deals secret to get founder to US

A judge agreed to keep secret that two of Sam Bankman-Fried's executive associates were cooperating with investigators so that the cryptocurrency entrepreneur would not change his mind and fight extradition from the Bahamas to the United States

The Street

FTX: Bankman-Fried Arrives in New York to Face Fraud Charges

The disgraced former king of cryptocurrencies will answer a series of criminal and civil charges linked to the fall of his empire.

The Street

Shark Tank Kevin O'Leary Says Rival Binance "Put FTX Out of Business"

The reality star investor was a spokesperson for the bankrupt cryptocurrency exchange.

The Guardian - US

Sam Bankman-Fried charged with fraud as first congressional hearing closes – as it happened

US Congress commences hearing on the collapse of the cryptocurrency exchange, less than 24 hours after its former chief executive was arrested

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The Street

FTX Collapse: Not Sure Creditors Get Their Money Back, Says Moody's

The bankruptcy of the cryptocurrency exchange will have long-lasting effects on the crypto industry.

The Street

FTX's Bankman-Fried Isn't the Tragic Hero He Believes He Is

His media offensive inflicts another wound to the victims of his bankrupt crypto empire.

The Street

FTX's Bankman-Fried Admits Client and Company Funds Were in Same Account

The fallen founder of the cryptocurrency exchange gave his first interview since the collapse of his empire on November 11.

The Street

For Clients of Bankrupt FTX: a Bit of Good News

The bankruptcy of Sam Bankman-Fried's cryptocurrency empire came as a shock to customers and investors.

The Street

FTX Collapse: Binance Stores $2 Billion to Save Struggling Firms

The world's largest cryptocurrency exchange and its founder Changpeng Zhao pose as saviors of the crypto industry.

Fortune

The Bahamas' endangered status as a crypto hub

The Caribbean nation is setting up a battle with the U.S. to protect its reputation.

Fortune

The latest on Solana, Serum, other ‘Sam coins’ amid FTX fallout

Solana, Serum, and other “Sam coins” are struggling in the wake of FTX’s implosion.

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