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The Latest Breaking News from Sam Bankman-Fried

Explainer: cryptocurrency and cryptocurrency exchanges

Almost all cryptocurrencies have declined significantly this year but this doesn’t seem to be putting people off, writes Alex Sims

Newsroom.co.nz

Warren pushes bipartisan bill to regulate crypto firms after FTX collapse

Move co-sponsored by Republican Roger Marshall aims to crack down on money laundering after arrest of Sam Bankman-Fried

The Guardian - US

Binance founder insists ‘business as usual’ after $1bn pulled out in a day

Changpeng Zhao calls withdrawals a ‘stress test’ as investors continue to react to FTX collapse

The Guardian - UK

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Everyone has had enough of Gary Gensler

The SEC chair’s publicity antics have worn thin. The industry deserves a real regulator.

Fortune

FTX’s venture investments in limbo with SBF in custody and prosecutors and lawyers circling crumbs of his crypto empire

The SEC claims Sam Bankman-Fried used FTX customer funds to make venture investments.

Fortune

Crypto: The white male privilege scam

The downfall of Sam Bankman-Fried serves as a reminder of how many white male "geniuses" are just full of crap

Salon

Sam Bankman-Fried: Arrested crypto exchange boss hugs parents as he is denied bail on fraud charges

Former cryptocurrency exchange entrepreneur Sam Bankman-Fried hugged his parents as he was denied bail after being charged with “one of the biggest financial frauds in American history”.

Evening Standard

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Stocks Edge Higher, Fed Dot Plots, Oil, Tesla And Binance - Five Things To Know

Stock futures bump higher ahead of Fed rate decision; Fed 'dot plots' in focus as markets lock bets on 50 basis point hike; IEA report sees firming oil demand in 2023 as China reopens; Tesla shares extend biggest drawdown on record and Binance says deposits returning but Bankman-Fried arrest rattles…

The Street

Who is Sam Bankman-Fried and why was the FTX founder arrested in the Bahamas?

The former ’King of Crypto’ is currently behind bars

Evening Standard

FTX Collapse: Bankman-Fried Remains in Jail

An extradition hearing has been set for February 8, 2023.

The Street

"Dirty money": Unpacking the campaign finance charges against Sam Bankman-Fried

It's a significant footnote in what prosecutors are calling "one of the biggest financial frauds in American history."

Axios

Lightfoot supporter questions indicted crypto billionaire’s donation to Garcia

State Rep. Kelly Cassidy (D-Chicago) questioned Samuel Bankman-Fried’s motives for spending $151,420 on direct mail pieces for Chuy Garcia’s congressional reelection.

Chicago Sun-Times

Five things we know about the collapse of FTX and Sam Bankman-Fried

Company founder was arrested and charged with running a ‘house of cards’ in ‘one of the biggest financial frauds in US history’

The Guardian - US

‘Uniquely destined to fail’: New FTX CEO describes to Congress mess left behind by SBF

FTX CEO John Ray III was the sole witness during the House Financial Services Committee hearing.

Fortune

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Fortune

Prosecutors give a stark warning to other crypto platforms in the wake of the SBF indictment and call it 'one of the biggest financial frauds in American history'

Federal prosecutors warn crypto companies to get in line, lest Sam Bankman-Fried and FTX’s fate befall them.

The Street

FTX Was a Fraud From the Beginning, Regulators Say

U.S. regulators paint a bleak picture of the crypto empire of Sam Bankman-Fried.

ABC News

Sam Bankman-Fried promised his FTX crypto empire would save the world. US authorities say he was lying from the start

Sam Bankman-Fried insists the collapse of $32 billion crypto empire is the result of bad accounting, human error and rotten luck. US authorities say it was a "massive, years-long fraud".

Fortune

Former FTX CEO Sam Bankman-Fried was arrested, and the memes can barely keep up

The 30-year-old crypto entrepreneur likely will be extradited to the U.S.

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Tribune News Service

Silvergate Capital faces questions from lawmakers amid FTX crypto exchange collapse

San Diego's Silvergate Capital made its name in recent years as one of a few traditional banks providing deposit, fund transfer, security and other services for the cryptocurrency trading market.

Investors Business Daily

Dow Jones Rallies; Elon Musk Loses This Title As Tesla Tumbles; Bitcoin Up Amid Sam Bankman-Fried Arrest

The Dow Jones moved higher. Tesla CEO Elon Musk lost a famous title. Bitcoin rose after the Sam Bankman-Fried arrest. Moderna stock jumped.

The Street

FTX's Bankman-Fried Violated Campaign Finance Laws, DoJ Alleges

Founder of bankrupt cryptocurrency exchange FTX also faces criminal charges of fraud and conspiracy.

AFP

Sam Bankman-Fried: crypto rock star facing life in jail

Washington (AFP) - Sam Bankman-Fried has had a dizzying fall from top of the heap in the world of cryptocurrencies to staring down a hefty jail sentence on a raft of fraud charges.

The Independent UK

US lawmakers slam timing of arrest of FTX boss Sam Bankman-Fried

Republican says House GOP ‘was ready to grill him six ways to Sunday’

Daily Mirror

Inside wild life of polyamorous 'Crypo king' who lost $32billion in FTX collapse

Sam Bankman-Fried went from a multi-billionaire to destitute overnight when his cryptocurrency exchange FTX collapsed after it was revealed billions were being funnelled into another of his companies

AFP

US charges crypto tycoon Bankman-Fried with 'massive' fraud

New York (AFP) - Disgraced cryptocurrency tycoon Sam Bankman-Fried was hit with multiple criminal charges Tuesday, accused of committing one of the biggest financial frauds in US history.

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