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The Latest Breaking News from FTX

What’s the true value of crypto? It lays bare the lies of libertarians

The downfall of the FTX cryptocurrency exchange proves how much markets need rules, writes Zoe Williams

The Guardian - UK

Japan pushes global counterparts to regulate crypto like banks

Japan is urging the world’s regulators to treat crypto as strictly as they do banks, adding to the calls for tougher rules following the collapse of Sam Bankman-Fried’s FTX digital-asset exchange.

Tribune News Service

Anthony Scaramucci Invests In Former FTX US CEO’s New Company Showing New Interest In Crypto

Skybridge Capital founder Anthony Scaramucci, who was among the featured speakers at Future Of Crypto event.

Zenger

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The Hidden History of the World’s Top Offshore Cryptocurrency Tax Haven

The Bahamas represents how global capitalism can go very right, and very wrong, at exactly the same time.

Foreign Policy

Cryptocurrency Solana Roars Back With Dramatic Price Surge

Cryptocurrency was linked to disgraced crypto king Sam Bankman-Fried.

The Street

Bitcoin Is On the Rise as Bulls Return

The prices of the most popular cryptocurrency have been on an upward slope for several days now.

The Street

FTX Collapse: Bankman-Fried Takes On a Powerful Law Firm

The disgraced former crypto king continues to tell a version of events that ignores regulators' allegations against him.

The Street

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Heat Announce Temporary Arena Name After FTX Fallout

The organization has been working with Miami-Dade County on a resolution after the arena cut ties with its naming rights partner late last year.

Sports Illustrated

Heat home to be renamed Miami-Dade Arena

Miami (AFP) - The Miami Heat's arena, which had been sponsored by failed crypto giant FTX, will be known as the Miami-Dade Arena until a new naming partner is found, the basketball team announced on Friday.

AFP

Miami Heat home arena gets temporary name after FTX collapse

The home of the Miami Heat has yet another name: Miami-Dade Arena

The Independent UK

Miami Heat NBA arena gets temporary name after FTX collapse

The home of the Miami Heat has yet another name: Miami-Dade Arena

The Independent UK

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

FTX’s Sam Bankman-Fried launches newsletter to defend himself: ‘I didn’t steal funds’

Disgraced cryptocurrency CEO Sam Bankman-Fried launched a newsletter Thursday in his latest attempt to defend himself.

Tribune News Service

Tom Brady Wins At Football, But Loses Big at Crypto

The NFL star had promoted Sam Bankman-Fried's cryptocurrency ambitions before its infamous collapse.

The Street

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The Street

'I Didn't Steal Funds,' FTX's Sam Bankman-Fried Asserts

The former king of crypto has just given his first answers to the allegations of fraud filed against him by regulators.

Fortune

Genesis is on the hook for $3 billion

The Financial Times also reported that Genesis has a portfolio valued at $500 million.

The Street

Crypto Price Check: Bullishness Is Back but Scandal Impact Lingers

While crypto prices have shown some life recently, investors are still contending with a series of scandals and bankruptcies.

France 24

What next for crypto? Industry faces new challenges after rollercoaster year

2022 was a tumultuous year for crypto. One company fell after another, culminating with the spectacular collapse of the FTX cryptocurrency exchange and the arrest of its founder Sam Bankman-Fried, who is now under investigation for fraud. So what's in store for the industry this year? FRANCE 24's Kate Moody…

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The Guardian - US

Sam Bankman-Fried claims ‘I didn’t steal funds’ in first response to FTX case

Disgraced cryptocurrency boss says FTX customers could get their money back in statement published on Substack

Investors Business Daily

Bitcoin Spikes To $19,800 Price After FTX Asset Recovery

Bitcoin price jumped to a one-month high after FTX lawyers announced they recovered $5 billion in liquid assets.

The Street

Binance Announces Big Staffing Plans as Rivals Falter

Binance swims against the tide of red ink in the crypto sector with plans to increase the number of staff by between 15% and 30%.

Daily Mirror

Tom Brady and New England Patriots owner 'lose fortune' as £26billion crypto goes bust

Cryptocurrency site FTX has gone bankrupt and lots of rich investors have taken a big financial hit, including the likes of Tom Brady and New England Patriots owner Robert Kraft

The Independent UK

Individual creditor names remain secret in FTX bankruptcy

The judge presiding over the bankruptcy of cryptocurrency exchange FTX Trading is allowing the company to maintain a veil of secrecy over the names of individual customers and creditors

The Street

Coinbase Strikes a Massive Blow to Bankman-Fried and FTX

Cryptocurrency exchange CEO Brian Armstrong delivers a scathing critique of his rival.

Fortune

Ripple: ‘Congress must examine the SEC’s role in the recent crypto contagion’

For the last two years, Ripple has been arguing that the SEC is overreaching on crypto regulation. It's time for the new Congress to provide certainty.

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