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The Latest Breaking News on Crypto

A crypto security CEO did business with Sam Bankman-Fried and sent a team to the Bahamas. He was shocked by the lack of interest in security controls and FTX’s grand ideas: ‘Maybe we’ll buy Goldman Sachs’

“If I said [my company] was thinking of buying Goldman Sachs, people would laugh,” notes Gauthier. “But somehow, when SBF said he might buy Goldman, the financial world thought it was possible.”

Fortune

FTX Collapse Slaps the Winklevoss Brothers

The cryptocurrency exchange debacle is spreading to other platforms.

The Street

FTX Collapse: Coinbase, Robinhood Fall

Shares of Robinhood and Coinbase both declined as their competitors Gemini and Genesis faced issues from the downfall of FTX.

The Street

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Brady, Curry, Shaq Among Athletes Facing Lawsuit in FTX Debacle

The cryptocurrency exchange platform filed for bankruptcy last week.

Sports Illustrated

US sports stars named in lawsuit over FTX's deceptive practices

New York (AFP) - High-profile US sports stars and personalities have been named in a lawsuit over deceptive practices targeting investors who became victims of the stunning collapse of cryptocurrency exchange FTX.

AFP

The Crypto Bros Turn Against Fallen FTX Founder Bankman-Fried

The club of cryptocurrency kings has turned against its unofficial former president Sam Bankman-Fried following his downfall.

The Street

FTX Collapse: Billionaire Mike Novogratz Warns of More Failures

Michael Novogratz believes the cryptocurrency industry could see more collapses.

The Street

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The Troubling Past of Matt Damon's Crypto.com CEO Resurfaces

Crypto.com and its CEO Kris Marszalek have been under pressure since the FTX debacle.

The Street

For embattled FTX founder Sam Bankman-Fried, incompetence could be a legal strategy

If federal authorities want to pursue criminal charges, they'll have to prove intent, experts say.

Axios

Why were so many smart people so dumb about FTX? Did they seriously just like Sam Bankman-Fried’s ‘vibe’?

The collapse of the cryptocurrency exchange will cost investors billions. But why would anyone give money to a man who plays video games in important meetings?

The Guardian - UK

Michael Hiltzik: Crypto tycoon Sam Bankman-Fried didn't lose a $16 billion fortune. His 'fortune' was never real

The Greek tragedy unfolding in the financial press over the last week is the story of Sam Bankman-Fried, the would-be cryptocurrency tycoon and political kingmaker whose multibillion-dollar empire has sunk like the Titanic after its encounter with the iceberg.

Los Angeles Times

Sam Bankman-Fried was hailed as a crypto wonder child. What happened?

Bankman-Fried promoted himself as an eccentric genius. In reality, his image was a distraction from what was going on inside FTX

The Guardian - US

Bitcoin Billionaire Saylor Blasts "Corrupt Crypto-Bank" FTX

The crypto evangelist believes that the debacle of the cryptocurrency exchange is a very bad publicity for bitcoin.

The Street

Three out of four bitcoin investors have lost money: study

Zurich (AFP) - Roughly three-quarters of people who have bought bitcoin have lost money according to a study published Monday as the cryptocurrency sector reels from the collapse of a major exchange that has sapped confidence.

AFP

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The Guardian - US

Sam Bankman-Fried’s $40m Bahamas penthouse reportedly up for sale

Entrepreneur at center of FTX scandal put luxury residence up for sale the same day crypto exchange filed for bankruptcy

The Independent UK

Binance proposes fund to save crypto from future failures

Cryptocurrency exchange giant Binance is proposing the creation of a rescue fund that would save otherwise healthy crypto companies from failure

The Guardian - UK

FTX crypto king Sam Bankman-Fried subject of new book by Michael Lewis

Bestselling writer Lewis has been shadowing Bankman-Fried as the cryptocurrency founder’s company, FTX, failed

The Guardian - UK

Binance boss says no one can be protected from a ‘bad player’

Changpeng Zhao announces plans for an industry ‘recovery fund’ for struggling crypto firms

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news in one place.

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The Street

FTX Collapse: Sam Bankman-Fried Questioned By Police, Crypto Market Wobbles

The fallout from FTX's spectacular collapse last week continues to echo through crypto markets as officials probe mysterious withdraws and pick through the failed exchanges complicated balance sheet.

The Independent UK

Sam Bankman-Fried's downfall sends shockwaves through crypto

Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s first trillionaire

Benzinga

Chronicling Luke Skywalker And Darth Vader, Bestselling Author Michael Lewis Has Book In Works Covering Sam Bankman-Fried and Changpeng Zhao

With the world fascinated and intrigued by the story of FTX and its co-founder Sam Bankman-Fried, many have wondered how long it will take until a movie or series on the storyline pops up in theaters or on

The Guardian - UK

How Binance played a key role as FTX collapse unfolded

Cryptocurrency exchange run by Changpeng Zhao pulled out of deal to rescue its rival

The Street

FTX On The Brink As It Halts Client Onboarding After Binance Scraps Rescue

"I'm deeply sorry that we got into this place, and for my role in it," Sam Bankman-Fried to FTX employees. "That's on me, and me alone, and it sucks, and I'm sorry."

Al Jazeera

Binance deal for FTX collapses

Binance pulled out of the deal after its corporate due diligence and reports of mishandled funds.

Evening Standard

Over a million customer crypto accounts at risk as Binance abandons FTX acquisition

The US Securities and Exchange Commission is reported to be expanding its investigation into the beleaguered crypto exchange

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