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The Latest Breaking News from Sam Bankman-Fried

As FTX burned, lawmakers said to be dithering over regulator

WASHINGTON — Congress opted to tread water on legislation that would clarify the agency in charge of the cryptocurrency industry, leaving lawmakers now without a regulator to blame for missing the signs of the FTX collapse this month and facing deep skepticism about some proposals.

Tribune News Service

FTX, BlockFi, Voyager, Celsius: Awful Year For Crypto Investors

Millions of retail investors have lost their savings in the resounding bankruptcies of crypto firms.

The Street

In 2020 Sam Bankman-Fried tweeted about a VC ‘horror story.’ Now that investor reveals what he saw at Alameda Research—and why he walked

Alexander Pack said he and his Dragonfly team met with Alameda executives, including Bankman-Fried, more than a dozen times over a five-to-six-month period from 2018 to 2019.

Fortune

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As FTX burned, lawmakers said to be dithering over regulator - Roll Call

FTX founder Sam Bankman-Fried’s prominence on Capitol Hill is said to have tainted bills deemed too favorable to the cryptocurrency industry.

Roll Call

Sam Bankman-Fried: Crypto’s Wolf of Wall Street

City Voices: Crypto still has a great future despite recent scandals

Evening Standard

Beto O’Rourke returned $1 million check from FTX’s Sam Bankman-Fried

O’Rourke’s campaign said they gave the money back before the company’s scandals became widely public, because they were taken aback by such a large unsolicited donation.

The Texas Tribune

Sam Bankman-Fried: Trust Is Everything

Ironically, the FTX meltdown is the best illustration yet of why the world needs bitcoin.

Reason

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Crypto lender BlockFi goes bankrupt in aftermath of FTX

BlockFi Inc. filed for bankruptcy, the latest crypto firm to collapse in the wake of crypto exchange FTX’s rapid downfall.

Tribune News Service

A VC who’s been panning crypto since 2017 discusses where he’s investing now

Ramy Adeeb says his firm, 1984 Ventures, tries to avoid the flavor of the day, whether it’s [hotlink]Google[/hotlink] Glass, 3D printing, virtual reality, autonomous driving, crypto, or the current obsession with generative A.I.

Fortune

Miami-Dade County will add millions to FTX bankruptcy claim unless the arena naming rights deal with the crypto exchange is terminated

If the agreement isn’t terminated by Jan. 1, the county said it will add $5.5 million to its $16.5 million claim in bankruptcy court.

Fortune

Installation of crypto ATMs hits record low in September as downturn continues

The impact of Crypto Winter has spread far and wide.

Fortune

FTX Collapse: Bankman-Fried Will Receive Zero Dollars

The founder of the bankrupt cryptocurrency exchange lost his entire fortune.

The Street

3 crypto storylines to follow

The news frenzy around FTX is finally abating as people look for new stories. Here's what to watch for.

Fortune

From Theranos to FTX, a corporate fraud tidal wave is starting to crash

There are few fraud victims while markets are green, but during a global economic downturn, misdeeds and subterfuge rise to the surface.

Crikey

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Fortune

Mark Cuban says he’d ‘be afraid of going to jail for a long time’ if he were Sam Bankman-Fried

The billionaire Dallas Mavericks owner still believes in crypto’s potential, but FTX founder Sam Bankman-Fried’s future could be bleak.

The Guardian - UK

Sam Bankman-Fried’s fall hasn’t killed off ‘effective altruism’

Brief letters: FTX collapse | Replica of William the Conqueror’s ship | A seat for the privileged | Giant otters | Matt Hancock’s ‘junglewashing’

The Street

FTX Collapse: Bankman-Fried May End Up in Jail, Says Mark Cuban

The founder of the cryptocurrency exchange has become a persona non grata.

The Street

Bankman-Fried Gave $1M to Senate Republicans 15 Days Before FTX Collapsed

The founder of the cryptocurrency exchange was also a major donor to the Democratic Party.

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The Guardian - UK

If greed can ever be good, that philosophy didn’t work at FTX’s charity

The ‘ethics stuff’ was just a front, says the bankrupted cryptocurrency billionaire Sam Bankman-Fried

Salon

Is America finally sick of billionaires?

Between Elon Musk, Sam Bankman-Fried, Donald Trump and Elizabeth Holmes, who still believes that money = brains?

Orlando Sentinel

Congressman-elect Maxwell Frost knows tough road lies ahead in GOP-led House

ORLANDO, Fla. — Incoming U.S. Rep. Maxwell Frost has suddenly become one of the most prominent members of his generation. But like many other 25-year-olds, he’s still looking for a place to crash.

Chicago Tribune

Commentary: The practice of proclaiming virtue while amassing wealth and power is not new

What do Elizabeth Holmes, Sam Bankman-Fried and Al Capone have in common? No, they are not all convicted felons. Capone did serve time for tax evasion, and Holmes was recently sentenced to 11 years in prison for defrauding the public through her blood-testing company Theranos. But Bankman-Fried, founder of the…

The Independent UK

‘Foot massage to a criminal’: Elon Musk leads attacks on WSJ for Sam Bankman Fried article

Bankman Fried’s FTX is now reportedly under investigation by authorities in the US and the Bahamas after up to $2bn in client funds vanished

The Guardian - UK

The gods of Silicon Valley are falling to earth. So are their warped visions for society

Tech titans like Elon Musk and Sam Bankman-Fried have been feted for their wealth, but see the world in ways that also merit scrutiny , says Moya Lothian McLean

The Street

Crypto Is Full Of FTX's Bankman-Fried

The downfall of crypto exchange FTX starkly displays the ties between those who sell the ideas and those who write the big checks.

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