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The Latest Breaking News on Crypto

Himachal Pradesh crypto currency scam: SIT searches 35 locations across 3 states

SHIMLA: In a significant operation the Special Investigation Team (SIT), constituted to investigate the cases related to the multi-crore crypto currency fraud in Himachal Pradesh, conducted searches in 35 locations 7 districts and one police district of Himachal Pradesh beside Punjab and Chandigarh on Saturday.

The Times of India

‘Math nerd’ or crypto criminal? Question at heart of Sam Bankman-Fried’s trial

Prosecutors have depicted a malicious financial mastermind, but his defense says he’s just a wayward boy genius. Which will jurors believe?

The Guardian - US

Sam Bankman-Fried stole customer funds from the beginning of FTX, exchange's co-founder tells jury

Sam Bankman-Fried authorized the illegal use of FTX customers’ funds and assets to plug financial gaps at an affiliated hedge fund from the exchange’s earliest days, FTX’s co-founder Gary Wang told a New York jury on Friday, as prosecutors pressed their case that Bankman-Fried was the mastermind behind one of…

The Independent UK

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Aviva shares leap on speculation of takeover by foreign buyer

Rumours of potential swoop by international rivals drives up shares in UK’s biggest insurer

The Guardian - UK

Going Infinite review: The inside story of how Sam Bankman-Fried crashed to earth

Sam Bankman-Fried was just 24 when he delivered what looked to be the most profitable day in history for his employers, Jane Street Capital. He had devised an intricate system to predict electoral college votes in different states in the 2016 US election faster than they were called on CNN.…

Evening Standard

Sam Bankman-Fried was not surprised by $8bn FTX shortfall, key witness says

Gary Wang says Bankman-Fried had ‘neutral demeanor’ when told crypto exchange had lost billions days before collapse

The Guardian - US

The trials of SBF and DJT: Trump isn’t clean on crypto but he did warn us about it

Two trials – and Michael Lewis’s new book on Sam Bankman-Fried – cast light on the everlasting nexus of power and greed

The Guardian - US

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FTX co-founder testifies against Sam Bankman-Fried, saying they committed crimes and lied to public

FTX's co-founder has begun to tell a New York jury that he and Sam Bankman-Fried committed financial crimes and lied to the public before the cryptocurrency trading platform collapsed last year

The Independent UK

YouTuber Coffeezilla Slams Lewis’ Book For Downplaying Allegations Against FTX’s Sam Bankman-Fried

Coffeezilla criticizes Michael Lewis' book for defending FTX founder facing fraud trial.

Zenger

Sam Bankman-Fried’s ‘young, eccentric billionaire’ shtick was just another part of the grift

As with Elizabeth Holmes and Billy McFarland, the story seemed too good to be true – because it was, says Guardian columnist Emma Brockes

The Guardian - UK

FTX co-founder testifies he committed crimes with Sam Bankman-Fried

Gary Wang, who previously pleaded guilty to his role in FTX’s downfall, is testifying under a plea agreement

The Guardian - US

Ripple Withdraws From Fortress Deal, Gains Spot On NBG List

CEO Brad Garlinghouse announces significant developments for Ripple, including the withdrawal from Fortress acquisition and inclusion in NBG's exclusive list.

Zenger

Morning Mail: new tax cuts push, World Cup to span three continents, crypto empire ‘built on lies’

Thinktank suggests four ways the treasurer could reform stage-three cuts as Fifa reveals the (many) hosts of the 2030 tournament

The Guardian - AU

Sam Bankman-Fried trial: Billion dollar crypto fortune was ‘built on lies’, prosecutors say

Fallen crypto billionaire has gone on trial accused of stealing billions in cash and cryptocurrency from FTX investors

The Independent UK

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WEKU

SBF on trial: A 'math nerd' in over his head, or was his empire 'built on lies'?

Sam Bankman-Fried's trial in New York kicked off with lawyers from both sides delivering their opening statements, painting him as a villain or as an innocent nerd.

The Guardian - US

Sam Bankman-Fried trial: ‘I may have unwittingly contributed to a crime’, FTX developer tells court – as it happened

Second witness Adam Yedidia also tells trial the pair were close friends; defense says Bankman-Fried was ‘math nerd who acted in food faith’

Zenger

Former Crypto Billionaire Sam Bankman-Fried’s Trial Begins, Shaping Crypto Regulation

FTX founder faces charges of multi-billion dollar fraud, trial outcome to impact industry and legislation.

The Guardian - US

Sam Bankman-Fried built empire on ‘lies’, prosecutor says in fraud trial

Second day of trial featured prosecutors’ first witness as defense presented Bankman-Fried as ‘math nerd’ with good intentions who got in over his head

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news in one place.

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Zenger

FTX Founder Sam Bankman-Fried Faces Trial Amidst Cryptocurrency Scandal

Allegations of financial misconduct and market manipulation send shockwaves through crypto community

Zenger

Binance Faces Class-Action Lawsuit Over Alleged Role In FTX’s Downfall

California resident accuses Binance and CEO Zhao of unfair competition, seeks monetary damages

Reason

Is silencing a few million Americans a form of protected speech?

Episode 474 of the Cyberlaw Podcast

WEKU

FTX founder Sam Bankman-Fried's trial is about to start. Here's what you need to know

Sam Bankman-Fried faces seven criminal charges, including for defrauding investors. His blockbuster trial is set to begin on Tuesday, and he could face an over 100-year prison term if convicted.

The Guardian - US

Sam Bankman-Fried trial: what is he accused of and does he face prison time?

The key facts in the case against the former cryptocurrency whiz over fraud, political donations and the collapse of FTX

The Guardian - US

Sam Bankman-Fried arrives in Manhattan court as fraud trial kicks off

FTX founder shed his signature T-shirt and shorts look to don a suit with freshly cut hair as day one of fraud trial commencedExplained: what to know about Sam Bankman-Fried trial

The Independent UK

Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-Fried

Sam Bankman-Fried once promoted his FTX digital coin exchange as a safe way for regular people to get into cryptocurrency

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