The Latest Breaking News from FTX

Mumbai (AFP) - India's central bank governor warned Wednesday that cryptocurrency markets risked causing the next global financial crisis, saying the recent collapse of FTX was proof of the sector's "inherent risks".

Crypto mogul faces up to 115 years in prison if convicted of wire fraud and securities fraud charges

Collapsed cryptocurrency exchange had reputation for corporate philanthropy to tune of hundreds of millions of dollars

Stock futures mixed, treasury yields jump after Bank of Japan policy shift; housing starts in focus amid record slump in homebuilder sentiment; Sam Bankman-Fried to make second attempt to surrender to U.S. Authorities; FedEx edges higher with eyes on costs into Q2 earnings and Nike earnings to highlight inventory pressure…

FTX co-founder Sam Bankman-Fried’s preparations to be extradited to the United States have hit an abrupt and confusing snag in a Bahamas courtroom.

Nassau (Bahamas) (AFP) - Sam Bankman-Fried, wanted in the United States for fraud after the collapse of his FTX cryptocurrency group, remained in a Bahamas prison Monday after an abortive court hearing that was to consider his possible extradition.

The former Tory MP and universities minister stepped back as scrutiny over the cryptocurrency exchange grows

The crypto tycoon has acknowledged failures at FTX but says he does not believe he has criminal liability

Disgraced FTX co-founder Sam Bankman-Fried has indicated he’s preparing to be extradited to the U.S. from the Bahamas as soon as Monday, according to a person with direct knowledge of the matter.