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The Latest Breaking News on Crypto

Promotion of crypto assets in sport poses risks to clubs and fans, MPs warn

The Culture, Media and Sport Committee is recommending the Government take steps to reduce the risk to those who deal in NFTs and other crypto assets

The Independent UK

Star witness Caroline Ellison starts testimony at FTX founder Sam Bankman-Fried's trial

The trial of FTX founder Sam Bankman-Fried has taken a star turn as his former fellow top executive and ex-girlfriend Caroline Ellison began testifying against him

The Independent UK

Sam Bankman-Fried trial: ex-girlfriend says he directed her to commit crimes

Caroline Ellison, who dated Bankman-Fried for years, tells court that he gave the orders to commit $10bn in fraud

The Guardian - US

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‘I felt powerless’: how a crypto scam cost a finance boss £300,000

Investment manager tells of how fraudsters managed to persuade him to hand over his life savings

The Guardian - UK

Sam Bankman-Fried’s ex-girlfriend’s testimony could be the most damning evidence yet

Caroline Ellison, former CEO of Alameda Research, will take the stand as the prosecution’s star witness on Tuesday

The Guardian - US

FloorDAO Schism Highlights Challenges In NFT Finance Projects

Disagreements over treasury transfers lead to the emergence of new faction FloorkDAO

Zenger

Going Infinite by Michael Lewis review – the downfall of crypto king Sam Bankman-Fried

In this extraordinary book, the author of The Big Short digs into the roots of the ideological fantasy land created by the cryptocurrency billionaire now on trial in the US

The Guardian - UK

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Basel Committee Pushes For Crypto Asset Disclosure In Banking Sector

BCBS aims to increase transparency and oversight as digital assets gain prominence

Zenger

What Cryptocurrency Is and How Bitcoin Works

Now is the time to gain basic knowledge about cryptocurrency and bitcoin – before you put your hard-earned money to work in a high-risk space.

Kiplinger

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

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

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The Guardian - US

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 Independent UK

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

Zenger

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.

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news in one place.

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The Guardian - UK

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 - US

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

Zenger

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.

The Guardian - AU

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 Independent UK

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

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’

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