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The Latest Breaking News on Crypto

Full Extent of COVID Fraud Will 'Never Be Known With Certainty'

A new GAO report details federal prosecutors' attempts to put the horse back in the barn.

Reason

EXCLUSIVE: How Google Is Tapping Into Its Own DNA To Help Fuel The Growth Of Web3

Alphabet Inc is using its deep-rooted technology experience to help Web3 companies pull the right levers in the crypto world

Zenger

Scams: Senior Investors Targeted As Crypto Payment Use Grows

Crypto investment scams are climbing, costing senior victims about $35,000 each last year, the FBI reports.

Kiplinger

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How did Sam Bankman-Fried attract investors? Well, Fomo probably helped

The cryptocurrency fraudster talked a lot of venture capitalists into pouring millions of dollars into his business. Maybe they should be more careful next time

The Guardian - UK

Sam Bankman-Fried is guilty, and the industry he helped build wants to move on

As Sam Bankman-Fried prepares to go to prison for one of the largest financial frauds in history, the cryptocurrency industry is looking ahead to a future without its former "golden boy."

WEKU

Digested week: Ivanka Trump provides the calm after the storm

Donald Trump’s daughter fulfils her filial role. Plus, De Niro in the dock and Fiona on the farm

The Guardian - UK

Ex-minister Gavin Williamson warned as he takes job at payment card provider

Advisory committee on business appointments tells MP he must not utilise contacts in government in Lanistar role

The Guardian - UK

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Ripple Upgrades Payments Platform, Expands Business Interests In US And Africa

Ripple boosts payments platform to expand in US & Africa, partners with African fintech Onafriq

Zenger

Users of Fintech App Brigit to Get $18M in Refunds

The fintech app falsely promised cash-strapped users instant cash advances and locked them into monthly memberships that they couldn't cancel, the FTC charges.

Kiplinger

French FTX cryptocurrency clients welcome Bankman-Fried guilty verdict

French victims of the collapse of the FTX cryptocurrency exchange were pleased with the guilty verdict handed down to founder Sam Bankman-Fried by a jurry in New York, even as they have yet to see any of their money recovered from the collapse of the company a year ago.

Radio France Internationale

Crypto Mining Version of RTX 2080 Ti Crippled By PCIe Lanes in Gaming Test

Nvidia didn't want anyone gaming on its CMP GPUs for crypto mining, and removing PCIe lanes was part of its solution to block such use. But what happens if you try to work around the limitations?

Tom’s Hardware

WeWork seeks bankruptcy protection in stunning fall for a firm once valued at close to $50B

WeWork, which has locations in Chicago, is also requesting the “ability to reject the leases of certain locations” that the company says are largely non-operational, as part of the filing.

Chicago Sun-Times

The problem with tech bro philanthropy

They claim altruistic motives, but billionaires’ favoured brand of do-gooding, which allows no scrutiny or pluralism, is worse than unhelpful, writes Zoe Williams

The Guardian - UK

Vonage Users to Get Nearly $100 Million In Refunds In Junk Fee Case

The FTC says Vonage made it hard for customers to cancel service and charged hundreds of dollars in surprise junk fees in some cases.

Kiplinger

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Evening Standard

Bank of England unveils plans to regulate stablecoins

Stablecoin issuers would be required to fully back the digital currencies with deposits at the Bank of England

The Guardian - UK

The problem with Sam Bankman-Fried? We wanted to believe in him

Hungry for innovation, we’re blind to hubris, misguided egos and wishful thinking, says the journalist and broadcaster Josie Cox

The Guardian - US

Was crypto on trial with Sam Bankman-Fried?

Binance and Coinbase are under investigation – but bitcoin was trading at highest value in a year as FTX founder convicted of fraud

The Guardian - UK

It’s easy to be dazzled by the super-rich, but don’t believe that they’ll do the right thing

Silicon Valley tech showmen like Elon Musk and Sam Bankman-Fried can blind us with science. A little more scepticism would not go amiss

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news in one place.

100's of premium titles.
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The Guardian - US

Dramatic fall for Sam Bankman-Fried and ‘unkempt visionary’ persona

Jury did not believe T-shirt, cargo shorts and messy hair could prevent someone defrauding people out of billions of dollars

The Independent UK

Bankman-Fried's trial exposed crypto fraud but Congress has not been eager to regulate the industry

The conviction of former cryptocurrency mogul Sam Bankman-Fried for stealing at least $10 billion from customers and investors is the latest black mark for the crypto industry

The Independent UK

When will Sam Bankman-Fried be sentenced?

Crypto billionaire Sam Bankman-Fried faces a maximum sentence of 110 years in prison

The Independent UK

How Sam Bankman-Fried’s ex-girlfriend helped topple the crypto king

Sam Bankman-Fried is staring down 25 years behind bars after he was convicted on all charges at his fraud trial. His former girlfriend – and accomplice – Caroline Ellison played a key role in bringing him down. Martha McHardy reports

Al Jazeera

What to know about the Sam Bankman-Fried trial verdict

The FTX founder has been found guilty on seven charges, and he may face decades in prison.

The Independent UK

From crypto king to convicted fraudster: Sam Bankman-Fried’s spectacular fall from grace

The once-hailed ‘boy wonder’ of the crypto industry rose to prominence after founding trading firm Alameda Research in 2017 at the age of 25. So what went wrong? Bevan Hurley looks back at Bankman-Fried’s remarkable rise – and even more dramatic fall as he begins his 25-year prison sentence

The Independent UK

FTX fraudster Sam Bankman-Fried may die behind bars as he’s convicted of all charges

Cryptocurrency founder was once worth $26bn

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