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The Latest Breaking News from Crypto

From crypto king to convicted fraudster: Sam Bankman-Fried’s spectacular fall from grace

The once-hailed ‘boy wonder’ of the crypto industry rose to prominence after founding trading firm Alameda Research in 2017 at the age of 25. So what went wrong? Bevan Hurley looks back at Bankman-Fried’s remarkable rise – and even more dramatic fall as he begins his 25-year prison sentence

The Independent UK

FTX fraudster Sam Bankman-Fried may die behind bars as he’s convicted of all charges

Cryptocurrency founder was once worth $26bn

The Independent UK

Sam Bankman-Fried convicted for massive FTX fraud, in stark reminder of risks of crypto trading

It is not just crypto tokens that have spectacular downfalls. So can crypto personalities.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

Sam Bankman-Fried Found Guilty On All Seven Charges In Criminal Trial

Former FTX CEO Sam Bankman-Fried was found guilty on all seven criminal charges for his role in the collapse of the cryptocurrency exchange.

Investors Business Daily

Crypto tycoon Sam Bankman-Fried found guilty on all charges in fraud trial

Bankman-Fried faces up to 110 years behind bars following guilty verdict.

Al Jazeera

Shattered wunderkind image: five key takeaways from Sam Bankman-Fried’s fraud trial

The trial of the FTX founder has ended after a month with a guilty verdict. What did we learn?

The Guardian - US

Sam Bankman-Fried found guilty of defrauding FTX customers out of billions

The prosecutor said that ‘while the cryptocurrency industry might be new … this kind of corruption is as old as time’

The Guardian - US

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FTX founder Sam Bankman-Fried found guilty of all charges in ‘one of the biggest financial frauds in American history’

Sentencing is scheduled for March. He could face decades in prison.

Fortune

Coinbase Stock Rises After Earnings, Crypto Futures Launch; Bankman-Fried Found Guilty On All Counts

Coinbase stock climbed Friday after earnings, launching crypto futures offerings. FTX CEO Bankman-Fried found guilty on all seven counts.

Investors Business Daily

Here are 3 of the most damning documents in the trial of Sam Bankman-Fried, according to the prosecution’s final rebuttal

The jury is set to deliberate Thursday afternoon after the judge instructs them on how to weigh the evidence.

Fortune

The story behind the story: Why the real star of Sam Bankman-Fried’s trial is the one-man news operation Inner City Press

An SDNY mainstay, Matthew Russell Lee became a Crypto Twitter legend while covering SBF’s trial.

Fortune

Tether is nearly a decade old—and its books are still a mystery

The giant stablecoin maker is as opaque as ever but, by now, the market has grown used to its lack of transparency.

Fortune

Lawyers swap closing statements in trial of Sam Bankman-Fried: ‘Pyramid of deceit’ or just ‘bad business judgements’?

"The defendant is overwhelmingly, beyond reasonable doubt, guilty," said a prosecutor. "Bad business decisions are not a crime," said Bankman-Fried's lawyer.

Fortune

Sam Bankman-Fried’s fraud trial testimony: six key takeaways

FTX founder, once the darling of Washington and Silicon Valley, blamed his ex-girlfriend and said ‘I do not recall’ a lot

The Guardian - US

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Fortune

SEC says SafeMoon executives withdrew $200 million from crypto project to spend on McLarens and luxury homes

SafeMoon reached a market cap of $5.7 billion at its peak in 2021.

Evening Standard

It's time for the UK to forge its own crypto future

City Voices: There are big benefits that the growth of cryptocurrency can bring for the UK

Creative Bloq

Secure your crypto with a Ledger hardware wallet

A hardware wallet is the most secure way to store your cryptocurrency keys. Ledger is one of the most trusted names in the business, and their hardware wallets are now available in four new colours as well as the original black.

Fortune

The CFTC just received the most whistleblower tips ever. Most were crypto-related

The agency awarded a total of $16 million to whistleblowers this year.

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Zenger

Bitcoin Interest Surges As ETF Approval Looms

Bitcoin's Wikipedia page sees highest traffic since mid-2022, while inflows into crypto products hit 15-month high.

Fortune

The Sam Bankman-Fried trial is an indictment of the crypto industry

Blockchain acolytes are trying to pretend that FTX never happened.

Zenger

Bittrex Granted Approval For Bankruptcy Plan, Shuts Down U.S. Operations

Seattle-based crypto exchange to repay creditors and continue global operations

Fortune

Coinbase now lets smaller investors in the U.S. trade Bitcoin and Ethereum futures

The crypto exchange adding futures to its stateside crypto products follows the launch of its exchange in Bermuda.

Zenger

Cryptocurrency Market Sees Diverse Performance Amid Bitcoin ETF Optimism

BTC rallies to 17-month high as investors await potential approval of Bitcoin ETFs in the US.

Zenger

Biden Signs Executive Order To Regulate AI Amidst Crypto And Tech Industry Gains

Microsoft, Meta Platforms, and Alphabet commit to safe AI deployment as Biden aims to govern the technology.

TechRadar

Millions in crypto has been stolen following LastPass breach

Hackers recently stole more than $4 million from more than two dozen accounts who've all had LastPass in common.

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Leo Schwartzleoschwartzfortunecomleomschwartz

From analysis to the latest developments in health,
read the most diverse news in one place.

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