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The Latest Breaking News from Cryptocurrency

SEC charges former FTX CEO with defrauding crypto investors

The U.S. Securities and Exchange Commission has charged the former CEO of failed cryptocurrency firm FTX with orchestrating a scheme to defraud investors

The Independent UK

Sam Bankman-Fried, founder of failed crypto exchange FTX, arrested in Bahamas

Sam Bankman-Fried, the disgraced head of once-leading cryptocurrency trading platform FTX, is to be extradited to the US after being arrested in the Bahamas. US prosecutors have yet to unseal the indictment against 30-year-old Bankman-Fried, who became a billionaire during the cryptocurrrency boom. In this edition, we take a closer…

France 24

Sam Bankman-Fried has been arrested. What happens next to the FTX founder?

The former CEO has been arrested in the Bahamas, a day before he was due to appear at a House committee hearing on the collapse of the cryptocurrency exchange

The Guardian - AU

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FTX cryptocurrency founder Sam Bankman-Fried arrested in the Bahamas

His firm filed for bankruptcy last month when customers were unable to withdraw their money

Wales Online

Sam Bankman-Fried news – FTX founder charged with wire fraud, money laundering after Bahamas arrest

FTX founder was arrested in The Bahamas late Monday night after weeks of financial chaos that took down world’s third-largest cryptocurrency exchange

The Independent UK

Sam Bankman-Fried arrested - latest: FTX founder arrested in Bahamas as US debates fraud case

Arrest comes after six weeks of financial chaos that took down world’s third-largest cryptocurrency exchange

The Independent UK

Disgraced crypto tycoon Bankman-Fried arrested in Bahamas

Washington (AFP) - Disgraced cryptocurrency tycoon Sam Bankman-Fried was arrested Monday in the Bahamas at the request of the United States, according to US officials seeking to charge him after the spectacular collapse of his FTX platform.

AFP

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FTX founder Sam Bankman-Fried arrested in Bahamas over US criminal charges

Sam Bankman-Fried was arrested in the Bahamas on Monday in the wake of the spectacular failure of his cryptocurrency exchange FTX.

Tribune News Service

Sam Bankman-Fried: Disgraced FTX crypto exchange founder detained in Bahamas at US request

Bahamas attorney general Ryan Pinder said that US was ‘likely to request his extradition’

The Independent UK

FTX founder Sam Bankman-Fried arrested in the Bahamas ahead of possible extradition to the US

The founder of bankrupt cryptocurrency exchange FTX has reportedly been arrested in the Bahamas, where his now defunct business was based.

ABC News

SEC readies stricter rules for digital assets

The Thai Securities and Exchange Commission (SEC) is preparing to impose more stringent regulations on digital assets to mirror the global market, with the aim of increasing investor protection.

Bangkok Post

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

Bankman-Fried to face off with lawmakers over FTX collapse

The former CEO of the failed cryptocurrency firm FTX will testify before a Congressional committee Tuesday, his first appearance under oath since FTX filed for bankruptcy roughly a month ago

The Independent UK

How FTX Australia was able to get away with claiming it was 'ASIC-licenced'

When cryptocurrency exchange FTX Group collapsed in the Bahamas last month, its local subsidiaries FTX Australia Pty Ltd and FTX Express Pty Ltd fell over too.

The Conversation

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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.

Chicago Tribune

FTX collapse shakes up Chicago crypto market, where its US trading platform was going to be the next big thing

CHICAGO — When the FTX.US headquarters opened in a gleaming new Fulton Market tower in May, Mayor Lori Lightfoot and her retinue stopped by to officially welcome the cryptocurrency exchange to Chicago, a city positioning itself as a financial center for the booming digital assets.

The National (Scotland)

Laird could sell off Scottish nudist beach after losing £130k in crypto 'scam'

A LAIRD who lost £130,000 in a cryptocurrency investment has warned he may have to sell off parts of his estate.

The Conversation

'I thought crypto exchanges were safe': the lesson in FTX's collapse

Anthony* (a friend) called a few weeks ago, deeply worried.

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The Street

FTX Collapse: Bankman-Fried Will Testify Before Congress on Dec. 13

The founder of the bankrupt cryptocurrency exchange was under the threat of a subpoena.

Football London

Why Chelsea are set to lose £20m from major cryptocurrency crash following FTX collapse

Chelsea news: Sponsorship could be cut short after massive market crash in digital assets

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

Liverpool Echo

Chelsea have encountered £20m problem Liverpool shouldn't ignore

Chelsea are to see their £20m per year sleeve sponsorship ended with cryptocurrency firm WhaleFin

Reason

Governments Scramble To Manage, Regulate, and Throttle Crypto

Most dangerously of all, they're starting to make their own central bank digital currencies.

AFP

Keep talking: Disgraced crypto king's high-risk strategy

New York (AFP) - Omnipresent on talk shows and conference panels, disgraced cryptocurrency tycoon Sam Bankman-Fried is defying the advice of the legal profession and staying in the public eye despite facing the real threat of prosecution and even jail time.

The Street

FTX Collapse: Bankman-Fried Reluctantly Agrees to Testify Before Congress

The founder of the bankrupt cryptocurrency exchange was under the threat of a subpoena.

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