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The Latest Breaking News on Crypto

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 Independent UK

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

The Guardian - US

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

Salon

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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 Times of India

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’

The Independent UK

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.

WEKU

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 Independent UK

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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

The Guardian - US

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.

RideApart

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

‘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

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Zenger

FloorDAO Schism Highlights Challenges In NFT Finance Projects

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

The Guardian - UK

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

Zenger

Basel Committee Pushes For Crypto Asset Disclosure In Banking Sector

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

Kiplinger

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.

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news in one place.

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The Times of India

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 Guardian - US

‘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 Independent UK

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 Guardian - 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

Evening Standard

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.…

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

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