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The Latest Breaking News from Sam Bankman-Fried

Bitcoin Sheds $3,000 As FTX Begins Customer Repayments, Crypto Users Divided Over Market Impact

Bitcoin plunged Tuesday after FTX revealed it was starting initial customer repayments over two years since the exchange's collapse, as lingering concerns re-emerge over the potential market and sentiment implications of the refunds.

International Business Times

Emboldened crypto industry seeks to cement political influence and mainstream acceptance

The cryptocurrency industry is emboldened, impatient and eager to cement its influence in politics and mainstream financial systems

The Independent UK

Will Trump Pardon Sam Bankman-Fried Of Collapsed FTX? Why It May Not Happen

Seemingly encouraged by the full pardon for Silk Road's Ross Ulbricht, Sam Bankman-Fried's parents are reportedly aiming to get their son freed through a presidential pardon and have supposedly met with some prominent people within the U.S. president's circle.

International Business Times

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How long till the next big crash?

Trump's crypto push amounts to betting the entire U.S. financial system on imaginary money. What could go wrong?

Salon

From crypto bro to commerce secretary pick: Howard Lutnick’s glaring conflict of interest

Trump’s choice shows how his friends and their business interests benefit from policy positions in his administration

The Guardian - US

FTX Executives Shave Time Off Prison Sentences

Former FTX executives convicted in a crypto fraud case see reductions in prison sentences. Salame's release date moved to March 1, 2031, and Ellison to Jul...

Top News

FTX co-founder gets no prison time after cooperating in case against Sam Bankman-Fried

An apologetic FTX co-founder has been sentenced to no time in prison after a prosecutor and a judge praised his cooperation against Sam Bankman-Fried and his efforts to recover money for victims of the cryptocurrency fraud

The Independent UK

Bankrupt and disgraced FTX sues Binance for $1.8 billion in bare-knuckle crypto feud

Imprisoned crypto king Sam Bankman-Fried is now accused of yet even more wrongdoing, this time by the defunct exchange he founded.

The Independent UK

US Seeks Recovery Of Millions In Crypto Linked To SBF's Alleged Chinese Officials Bribe

The U.S. has filed a legal complaint to recoup over $17 million in various cryptocurrencies linked to Sam Bankman-Fried's alleged bribery of Chinese officials in 2021.

International Business Times

Lena Dunham to write Sam Bankman-Fried movie for Apple

The Girls creator is set to adapt Michael Lewis’s bestselling 2023 book on the controversial FTX founder

The Guardian - US

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Fortune

FTX sues Binance and former CEO Zhao for $1.8 billion received as part of a “fraudulent” share deal

The lawsuit alleges that Bankman-Fried bought out Binance while knowing his firms were insolvent.

The Guardian - UK

Bitcoin breaks $83,000 for first time on Trump trades; UK government sells £1bn of NatWest shares – as it happened

Cryptocurrency more than doubles since January on hopes of lighter regulation; latest share sale takes UK Treasury’s holding in NatWest to 11.4%

The Independent UK

Caroline Ellison begins 2-year sentence for her role in Bankman-Fried's FTX fraud

A former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire has begun her two-year prison sentence

International Business Times

US Government-Linked Wallet Converts Seized Alameda $ANT To $ETH Ahead Of AragonDAO Deadline

The digital wallet that held cryptocurrencies seized from collapsed Alameda Research has converted its $ANT tokens into $ETH, two days shy of the deadline set by AragonDAO for token redemption.

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The Independent UK

Ex-FTX executive spared prison sentence after cooperating against Sam Bankman-Fried

An ex-FTX executive who testified against the cryptocurrency firm's founder at his trial last year has been spared a prison sentence

Top News

Former FTX Executive Spared Prison Sentence For Cooperation

Former FTX executive Nishad Singh spared prison sentence for cooperating in fraud case. His testimony helped uncover crimes and led to charges against others.

The Independent UK

What is cryptocurrency, how does it work – and what’s the point?

The PA news agency explains the basics behind one of the buzziest – but worst understood – areas of the financial world.

The Guardian - UK

Jane Street Capital: the trader paying its interns more than Keir Starmer

Secretive firm that has grown to rival Goldman Sachs is revealed to reward lowliest recruits with $250,000 salary

International Business Times UK

Who Is Ryan Salame? US Tech CEO Announces New Position On LinkedIn: Prison Inmate

Former FTX Digital Markets CEO Ryan Salame, known for his role in the collapse of the cryptocurrency exchange, has ironically announced his new position as a prison inmate on LinkedIn after being sentenced to seven and a half years for illegal political contributions and financial misconduct.

Latin Times

Convicted Crypto Executive Brags on LinkedIn About New Position as Prison Inmate

Ryan Salame, former co-CEO of FTX Digital Markets, has announced his new role as an inmate on LinkedIn ahead of a 7.5-year prison sentence.

Fortune

Former FTX lieutenant Ryan Salame updated his LinkedIn for his new role—federal inmate

Unlike Sam Bankman-Fried’s other deputies, Salame did not cooperate with prosecutors.

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