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The Latest Breaking News from FTX

Crypto Nowhere To Be Seen On Super Bowl Night

Cryptocurrency companies did not buy any of the expensive Super Bowl ads this year, a break from 2022.

The Street

Dude, where's my bitcoin? Crypto sits out the Super Bowl after a miserable year

Well, that was fast.

Los Angeles Times

Super Bowl 2023 ad pageant: Beer is in, crypto is out

New York (AFP) - After a starring role in last year's Super Bowl broadcast, cryptocurrency firms are expected to sit out the 2023 game.

AFP

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Judge leaves in place bail conditions for FTX founder Sam Bankman-Fried

NEW YORK — A New York City judge on Thursday extended his restrictive bail conditions for disgraced FTX founder Sam Bankman-Fried.

Tribune News Service

Tennis player banned for life over match-fixing, FTX founder's bail restrictions extended, and India asks citizens to hug cows — as it happened

The news Australia is searching for, and all the news that happened while you snoozed: This is The Loop, your quick catch-up for this morning's stories as they happened.

ABC News

Embattled FTX founder Sam Bankman-Fried bucks legal norms and keeps talking in fraud case

Sam Bankman-Fried, the founder and former CEO of FTX, has been unusually talkative following the November collapse of the cryptocurrency exchange and his subsequent indictment on fraud and other charges

The Independent UK

Jesús ‘Chuy’ García's congressional campaign says it will return Bankman-Fried money to investors

CHICAGO — Chicago mayoral candidate Jesús “Chuy” García’s congressional campaign says it will cut a check for $2,900 to repay clients of a collapsed cryptocurrency exchange the same amount of money the disgraced former head of the business contributed to García’s reelection war chest.

Chicago Tribune

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‘I’ve read all the spy novels’: Judge and Sam Bankman-Fried's lawyers spar over his use of messaging apps

The latest hearing in the disgraced FTX founder’s criminal trial focused on his communication with potential witnesses.

Fortune

Investors still trust anonymous crypto founders with millions—even after the FTX meltdown

Crypto investors have put millions into ventures run by 'anons.' Sam Bankman-Fried and the FTX collapse have only strengthened their faith.

Fortune

Robinhood to buy back Sam Bankman-Fried's stake in brokerage

The decision follows a months-long fight over who owns the 7.6% stake in Robinhood after FTX declared bankruptcy.

Fortune

HOOD Stock: Robinhood To Repurchase Hefty Bankman-Fried Stake, Reveals Costly Error

Robinhood earnings were worse than feared. But two announcements from the zero-fee trading app sent HOOD stock near buy point.

Investors Business Daily

FTX founder keeps talking, ignoring typical legal strategy

The Independent UK

‘Sam? Are you there?!’ The bizarre and brutal final hours of FTX

How Sam Bankman-Fried and his band of millennial millionaires lost a $40bn crypto empire

Financial Times

Binance executive says balance sheet audit is ways off

After the fall of FTX, cryptocurrency exchanges have been pressured to show that their customers’ assets are secure.

Fortune

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The Independent UK

FTX founder heads to court after judge rejects bail request

FTX founder Sam Bankman-Fried will be in a New York courtroom Thursday for a bail-related hearing despite his lawyers claims that they've settled their differences with prosecutors

Tribune News Service

NYC judge refuses to sign off on new bail terms reached between Sam Bankman-Fried and the feds

NEW YORK — A Manhattan judge rejected a request Tuesday from embattled crypto entrepreneur Sam Bankman-Fried to modify the conditions of his $250 million bail.

The Street

Shark Tank's Kevin 'Mr. Wonderful' O'Leary Shares a Simple Path to Financial Freedom

Kevin O'Leary revives the old avocado toast trope.

The Street

Binance Has Some Bad News for Crypto Investors

The world's first cryptocurrency exchange no longer accepts dollar transfers to buy coins like Bitcoin.

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Fortune

Anthony Scaramucci says his experience with FTX and its ‘sociopathic’ founder Sam Bankman-Fried was ‘extremely disappointing.’ So why is he investing in a company run by a former executive of the imploded exchange?

Scaramucci accused the FTX founder Sam Bankman-Fried of intentionally duping many people, but said he had faith in former FTX exec Brett Harrison.

Investors Business Daily

Blockchain Regulation, Clarity Necessary Or America Will Fall Behind, Experts Say

Blockchain experts say America has a major chance to take the lead in the space. But first we need basic regulatory clarity.

The Street

FTX Seeking to Recover Political Donations (Bad News for Democrats)

Advisers to the failed cryptocurrency exchange are seeking to recover more assets from politicians to repay creditors.

Fortune

Crypto ads will vanish from the Super Bowl as the fall of FTX weighs on the industry’s reputation

Last year’s Super Bowl featured commercials from four crypto companies.

Fortune

Blockchain analyst firm Elementus is now worth $160M

The funding announcement reflects continuing investor interest in blockchain infrastructure and data analytics companies, even amid a Crypto Winter.

Irish Mirror

In-game ads for Super Bowl LVII sold out

Some ads went for more than $7 million (€6.5 million) for a 30-second spot

Chicago Sun-Times

Fox sells out Super Bowl ads this year

Anheuser-Busch remains the biggest advertiser with three minutes of national airtime. And after making a splash last year, cryptocurrency companies won’t have a presence Sunday.

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