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The Latest Breaking News on Crypto

They were Sam Bankman-Fried's friends. Now they could send him to prison for life

Bankman-Fried built a multibillion crypto business spearheaded by FTX with the help of a group of young colleagues. Now three of his closest associates have turned against him.

WEKU

Police raids uncover alleged money laundering scheme

Raids have been carried out across Sydney as police crack down on an organised crime scheme alleged to involve the conversion of cash to cryptocurrency.

AAP

Georgia doctor confesses to dark web murder-for-hire bitcoin plot

James Wan MD paid over $16,000 for the job, which he requested be made to look like an ‘accident’

The Independent UK

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Analyzing Block (SQ) and First American (FAF): Should You Buy, Sell, or Hold?

With another interest rate hike expected by the end of this year, the financial services industry remains well-positioned to gain. Given the financial services industry’s growth prospects, let’s evaluate Block (SQ) and First American Financial (FAF) to determine the best investment action. Keep reading….

StockNews.com

Baidu Unveils Ernie Bot 4.0, Competing With OpenAI’s ChatGPT-4

Ernie Bot 4.0 showcases advanced capabilities at Baidu World 2023, challenging OpenAI's latest model.

Zenger

Nishad Singh says working with Sam Bankman-Fried left him in ‘severe’ distress

NEW YORK: Nishad Singh, the third member of Sam Bankman-Fried’s inner circle to testify against him, detailed a rocky relationship with his former boss that at times left him “humiliated” and, as the company collapsed, suicidal.

The Times of India

Sam Bankman-Fried ‘needs more ADHD medication to be able to testify’, lawyers argue

Lawyers say the FTX cryptocurrency exchange founder’s daily dose wears off quickly

Evening Standard

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Bitcoin jumps as much as 10%, then slides after BlackRock's ETF clarification

Bitcoin reversed an earlier gain of as much as 10% after BlackRock said that its application for an exchange-traded fund that invests directly in the cryptocurrency is still under review.

The Times of India

3 Tech Stocks Pushing Boundaries in the Industry

Increased IT spending and the adoption of advanced technologies are expected to boost the technology services industry’s long-term prospects. Therefore, it could be wise to buy fundamentally strong tech stocks N-able (NABL), Xerox Holdings (XRX), and Zoom Video Communications (ZM) that are pushing boundaries in the industry. Keep reading….

StockNews.com

Ferrari Now Accepts Cryptocurrency Payments In United States

Europe will follow soon.

Motor1

Better protection for Australians' online crypto assets

Treasurer Jim Chalmers has unveiled a proposal for legislation to better protect Australians using digital currencies.

AAP

Criminal mastermind or hapless dude? A look into Sam Bankman-Fried's trial so far

The trial of the former FTX CEO concluded its second week, featuring explosive testimony from Caroline Ellison, a former girlfriend of Bankman-Fried.

WEKU

EDX Markets Launches As Crypto Trading Platform With Traditional Finance Practices

CEO Jamil Nazarali to Share Insights at Future of Digital Assets Event

Zenger

Caroline Ellison’s testimony against Sam Bankman-Fried: five key takeaways

The former Alameda CEO offered stunning testimony against her ex-boyfriend and failed crypto mogul being tried for fraud

The Guardian - US

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Newsroom.co.nz

Don't throw the crypto baby out with the mercenary bathwater

The Reserve Bank is preparing for the day when cryptocurrency goes mainstream in New Zealand but there are plenty of sceptics who doubt the benefits of digital assets. Ben Rose argues the case for moving forward.

The Guardian - US

Sam Bankman-Fried accused of scoffing and laughing as ex-girlfriend testified

Judge asks Bankman-Fried’s lawyer to ‘have a word with him’ after prosecutors complain of possible intimidation

The Independent UK

Sam Bankman-Fried's lawyer struggles in cross-examination of Caroline Ellison, govt's key witness

Sam Bankman-Fried’s defense lawyer has struggled through a meandering cross-examination of the FTX founder’s former girlfriend Thursday, keeping both the judge and the public guessing as to his strategy in countering the testimony of the government’s key witness

The Guardian - US

Bankman-Fried’s lawyers cast Caroline Ellison as architect of FTX collapse

Defense team suggests Ellison let heartbreak impede business communications on third day of her testimony

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Salon

Why it's easy to defraud conservatives

Their victims were bankers, tech bros, and GOP donors — what they have in common is giant egos fit for manipulation

The Times of India

Caroline Ellison: ‘Sam was the one’ who caused FTX collapse

In June 2022, amid the broader crypto meltdown, Caroline Ellison and FTX co-founder Sam Bankman-Fried were looking at a massive hole in Alameda Research’s balance sheet.

The Independent UK

Sam Bankman-Fried’s former CEO and girlfriend testifies that she committed fraud with him

Ms Ellison told the court that she went along with Mr Bankman-Fried’s alleged scheme because ‘Sam told me to’

WEKU

She's the star witness against Sam Bankman-Fried. Her testimony was explosive

Caroline Ellison accused Bankman-Fried of being the mastermind behind illegal activity at FTX. Her words carry weight: She worked with him and also once dated him.

The Independent UK

Caroline Ellison says FTX founder Sam Bankman-Fried corrupted her values so she could lie and steal

Sam Bankman-Fried's former top executive has blamed the FTX founder of corrupting her values so that she could lie and steal and create false balance sheets

The Guardian - US

Caroline Ellison says she felt ‘relief not to have to lie any more’ after FTX collapse

Former Alameda Research CEO describes in teary testimony how her ex-boyfriend Sam Bankman-Fried led her to commit fraud

RideApart

New Zealand’s FTN Motion To Make Australian Debut In 2024

New Zealand-based FTN Motion is eyeing entry into the Australian market by 2024 with its Streetdog electric motorcycle.

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