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The Latest Breaking News from FTX

FTX: Bankman-Fried Arrives in New York to Face Fraud Charges

The disgraced former king of cryptocurrencies will answer a series of criminal and civil charges linked to the fall of his empire.

The Street

Two associates of FTX founder Sam Bankman-Fried reach plea deals over crypto scandal

Pair faced hefty prison sentences for role in collapse of cryptocurrency exchange

The Independent UK

FTX Collapse: Two Bankman-Fried Associates Turn Against Him

The 30-year-old former trader faces a series of criminal and civil charges in the bankruptcy of his crypto empire.

The Street

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Coinbase CEO Brian Armstrong talks FTX, crypto regulation and DeFi

The crypto industry suffered a big black eye, but it isn't going anywhere, Armstrong says.

Axios

Bankman-Fried extradited to US to face fraud charges over FTX collapse

New York (AFP) - FTX co-founder Sam Bankman-Fried arrived in the United States from the Bahamas in FBI custody on Wednesday, US media reported, facing criminal fraud charges after the spectacular collapse of the crypto exchange.

AFP

FTX founder Sam Bankman-Fried touches down in New York to face fraud charges

Two of Sam Bankman-Fried’s top associates have pleaded guilty to criminal charges related to the operation of FTX

Evening Standard

Bankman-Fried in US custody, two associates plead guilty to FTX fraud

Nassau (Bahamas) (AFP) - US law enforcement on Wednesday took custody of Sam Bankman-Fried and were flying him from the Bahamas to New York, where prosecutors said two associates of the FTX founder had now pled guilty to charges related to the company's collapse.

AFP

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FTX founder Bankman-Fried’s colleagues plead guilty to fraud

Gary Wang and Caroline Ellison have agreed to cooperate with the authorities, according to US prosecutors.

Al Jazeera

Sam Bankman-Fried to be released on $250 million bail into parents' custody

The founder of cryptocurrency exchange FTX appeared in court after being extradited from the Bahamas. He's charged with alleged fraud, conspiracy, money laundering and illegal campaign contributions.

WEKU

Crypto firm Binance endures wild weeks in wake of FTX collapse

Paris (AFP) - Even by the extreme standards of cryptocurrency trading, the past few weeks have been a wild ride for Binance, the world's biggest exchange for crypto assets.

AFP

Two major FTX figures plead guilty to federal charges

Two close confidants of Sam Bankman-Fried are cooperating with federal prosecutors.

Axios

Sam Bankman-Fried lieutenant Caroline Ellison charged with fraud over FTX crypto price manipulation

Ellison, who is reportedly cooperating with the Justice Department against Sam Bankman-Fried, is accused of manipulating the price of FTX's FTT token.

Fortune

Sam Bankman-Fried, former CEO of FTX, to land in the U.S. tonight

The easiest way to convict Sam Bankman-Fried for the FTX fraud is to gain the cooperation of Caroline Ellison, the former CEO of Alameda and Bankman-Fried's former girlfriend.

Fortune

Sam Bankman-Fried arrives at Bahamas airport for extradition to US

Sam Bankman-Fried arrived at a private Bahamas airport on Wednesday evening to be flown to the US to face a litany of criminal charges after a tumultuous day in the island nation.

Tribune News Service

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AFP

Bahamas orders Bankman-Fried extradited to face US fraud charges

Nassau (Bahamas) (AFP) - The Bahamas ordered Sam Bankman-Fried, the founder of collapsed cryptocurrency business FTX, to be extradited Wednesday to face charges of fraud in New York.

The Conversation

Fuelled by hope and fear, cryptocurrency markets are primed for contagion

Financial contagions can be triggered easily, if conditions are right. First one financial institution falls and then others follow, like a chain of falling dominoes.

Tribune News Service

Sam Bankman-Fried is set to leave Bahamas to face charges in US

Sam Bankman-Fried’s extradition was approved by Bahamas judge on Wednesday, clearing one of the final hurdles for him to be sent to the U.S. to face a litany of criminal charges.

AFP

Bankman-Fried accepts extradition to US to face fraud charges: media

Nassau (Bahamas) (AFP) - Samuel Bankman-Fried, the onetime head of highflying cryptocurrency business FTX, agreed Wednesday to be extradited from the Bahamas to face charges of fraud in New York, local and US media reported.

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Axios

FTX founder Sam Bankman-Fried reportedly agrees in court to be extradited to U.S.

He faces eight counts of fraud, conspiracy, campaign finance law violations and money laundering in the U.S.

The Independent UK

Wyoming bullishly courts crypto, even after collapse of FTX

For decades, Wyoming has sought to escape the boom-and-bust cycles of its fossil-fuel-driven economy

Fortune

Sen. Boozman wants the SEC and CFTC to sign off on crypto legislation

A leading lawmaker discusses how he plans to advance oversight of crypto.

The Independent UK

FTX founder could be sent to US after extradition hearing

Sam Bankman-Fried is back in a Bahamian court Wednesday for an extradition hearing that could clear the way for the one-time billionaire to be sent to the U.S. to face criminal charges related to the collapse of cryptocurrency exchange FTX

Fortune

An FBI ace on how to build an airtight case against SBF

Gregory Coleman ran the criminal investigation against Jordan Belfort, and helped seize assets that went back to Bernie Madoff victims.

The Conversation

FTX's collapse mirrors an infamous 18th century British financial scandal

Enron. Bernie Madoff. FTX.

Salon

How dark money drove the crypto fraud

Citizens United has fueled any number of sleazy dark-money political bargains. At least Bankman-Fried got caught

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