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The Latest Breaking News from FTX

After a year of collapses, cryptocurrency’s future in the balance

WASHINGTON — Spectacular cryptocurrency failures in 2022 have raised the stakes for the industry amid questions about the enduring viability of a technology that advocates say has the potential to revolutionize finance.

Tribune News Service

Crypto took such a beating in 2022 that U.S. regulators have teamed up for the first time to sound the alarm to banks

Deutsche Bank, Wells Fargo, Citigroup and Bank of America have all invested in crypto staffing divisions in recent years.

Fortune

After a year of collapses, cryptocurrency’s future in the balance - Roll Call

The cryptocurrency industry's failures in 2023 could mean its demise or a chance to regroup and build on its cultural reach.

Roll Call

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read the most diverse news in one place.

FTX Collapse: Sam Bankman-Fried Will Stand Trial in October

The former crypto king has pleaded not guilty to criminal fraud allegations leveled against him by federal prosecutors.

The Street

Citigroup Passed On Alameda Research Partnership Due To Lack Of Risk Management: Report

Banking giant Citigroup considered partnering with Alameda Research, now-bankrupt crypto trading firm, to launch a crypto lending.

Zenger

FTX founder Sam Bankman-Fried pleads not guilty in NYC court to stealing billions from clients

NEW YORK — FTX founder Sam Bankman-Fried pleaded not guilty Tuesday in the multibillion-dollar fraud case against him in Manhattan Federal Court.

Tribune News Service

Unusual Statement From Fed Agencies Warns Banks of Crypto Risks

The Fed, OCC and FDIC issue a cautionary statement highlighting concerns they have for banking organizations about the crypto-asset sector.

The Street

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Sam Bankman-Fried asks judge to keep his bail guarantors secret

FTX founder Sam Bankman-Fried asked a judge to keep confidential the identities of two people who will help secure his bail to protect them from public scrutiny and potential harassment.

Tribune News Service

A judge just froze Sam Bankman-Fried’s ability to access FTX and Alameda funds days after reports of transactions from crypto wallets previously associated with him

Bankman-Fried tweeted on Dec. 30 that he was not behind the transfers, but federal prosecutors are reportedly looking into the transactions.

Fortune

Former crypto titan Sam Bankman-Fried pleads not guilty to fraud

The 30-year-old FTX founder, formerly worth an estimated $26bn, could face a sentence of up to 115 years in US prison.

Al Jazeera

Sam Bankman-Fried asks judge to keep his bail guarantors secret

FTX founder Sam Bankman-Fried asked a judge to keep confidential the identities of two people who will help secure his bail to protect them from public scrutiny and potential harassment.

Tribune News Service

FTX founder Sam Bankman-Fried pleads not guilty in court to stealing billions from clients

NEW YORK — FTX founder Sam-Bankman-Fried pleaded not guilty in the multibillion-dollar fraud case against him in Manhattan federal court on Tuesday.

Tribune News Service

Sam Bankman-Fried pleads not guilty to fraud and other charges tied to FTX's collapse

The co-founder and former CEO of FTX pleaded not guilty to eight criminal counts related to the spectacular collapse of his crypto exchange.

WEKU

Ex-crypto boss Bankman-Fried pleads not guilty to fraud

New York (AFP) - FTX co-founder Sam Bankman-Fried pleaded not guilty Tuesday to US criminal fraud charges over the spectacular collapse of his crypto exchange.

AFP

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Evening Standard

Sam Bankman-Fried pleads not guilty in FTX crypto fraud case

He is accused of looting billions of dollars in FTX customer deposits to support his hedge fund

Axios

Sam Bankman-Fried pleads not guilty in charges stemming from FTX collapse

The former crypto mogul faces a range of charges stemming from the dramatic collapse of FTX.

The Street

FTX Collapse Wreaks Havoc in Crypto

The consequences of FTX's bankruptcy have just caused an unprecedented conflict between big names in the crypto space.

The Independent UK

Sam Bankman-Fried fights through media scrum for first US court appearance

The FTX founder pleads not guilty to all charges in federal court

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news in one place.

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Tribune News Service

Bankman-Fried pleads not guilty, faces trial in October

FTX founder Sam Bankman-Fried pleaded not guilty to criminal charges Tuesday and is set to face a trial in October, a courtroom showdown likely to be one of the highest-profile white-collar fraud cases in recent years.

Fortune

SBF to face criminal charges in Manhattan Tuesday

FTX founder expected to plead not guilty to eight criminal counts.

Tribune News Service

Will 2023 bring more crypto bankruptcies to weed out ‘the pumps and the frauds’?

The crypto industry had a rough go of it in 2022, with crashing cryptocurrency prices and a series of catastrophic bankruptcies.

Fortune

Cameron Winklevoss gives crypto baron one week to come up with a $1 billion solution to make his Gemini customers whole

Winklevoss and his identical twin brother first rose to prominence through their lawsuit against Mark Zuckerberg, who they claimed stole their idea for Facebook.

The Independent UK

FTX founder Sam Bankman-Fried faces arraignment in New York

FTX founder Sam Bankman-Fried is returning to a Manhattan federal court to face charges of cheating investors and looting customer deposits on his cryptocurrency trading platform

Fortune

Why did no one short FTX? It’s complicated

One Wall Street short-seller says crypto was “the world’s best party”—and wishes he had made a “Big Short”–type bet.

The Street

FTX Collapse: Bankman-Fried To Plead Not Guilty

A hearing for the former CEO of bankrupt cryptocurrency exchange FTX is scheduled for January 3.

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