The Latest Breaking News from Sam Bankman-Fried

The collapse of FTX should provide a wake-up call to Rishi Sunak, who has been singing the praises of cryptocurrencies, says academic and author David A Banks

ORLANDO, Fla. — Maxwell Frost, Orlando’s Democratic congressman-elect, took to social media to explain his connection to Sam Bankman-Fried, the indicted founder of cryptocurrency exchange FTX.

Ryan Salame told the Bahamian securities commission that funds were being used improperly

Charges largely center on straightforward fraud allegations, rather than getting crypto specific.

Washington (AFP) - After years of benefitting from the enormous contributions of FTX founder Sam Bankman-Fried -- accused of massive financial fraud -- America's political elite are now skittering away, eager to put distance between themselves and the disgraced cryptocurrency darling.

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Thai cryptocurrency pundits are recommending investors withdraw digital assets from Binance amid a run on the world's largest crypto exchange, moving their money to a safer crypto exchange in Thailand regulated by the Securities and Exchange Commission (SEC).

Whether increased regulation would have prevented the spectacular collapse of cryptocurrency exchange FTX was fiercely debated at a hearing of the Senate’s banking committee Wednesday

Without Sam Bankman-Fried in attendance, senators focused on the future of the volatile industry.

FTX’s filing for bankruptcy was an existential event – and may signal the moment when grown-up thinking re-entered the room

The 30-year-old is facing decades in jail after being found guilty of fraud. So how did the FTX founder end up here? Amy Francombe reports