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The Latest Breaking News on Crypto

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

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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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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.

WEKU

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’

The Guardian - US

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.

Zenger

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

The Guardian - US

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

Zenger

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

Episode 474 of the Cyberlaw Podcast

Reason

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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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The Independent UK

Sam Bankman-Fried on trial: Fallen crypto king faces 110 years in prison for alleged FTX fraud

SBF will have to convince a jury that he was ‘just a kid moving too fast in a young industry’ and had no intent to defraud investors in the FTX crypto exchange, a legal expert tells Bevan Hurley ahead of fraud trial in Manhattan

Al Jazeera

What is FTX founder Sam Bankman-Fried’s trial about?

Bankman-Fried, who had his bail revoked in August, faces multiple charges of money laundering and fraud.

The Independent UK

Sam Bankman-Fried weighed paying Trump $5bn to stay out of 2024 race, author claims

‘Sam was not sure that number came directly from Trump,’ author Michael Lewis said

AAP

Facebook demands Twiggy docs in clickbait scam battle

Facebook parent company Meta has issued a summons for billionaire Andrew Forrest to hand over documents it says his lawyers failed to disclose.

The Independent UK

Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook

For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J

WEKU

It's not just FTX's Sam Bankman-Fried. His parents also face legal trouble

FTX's lawyers allege Sam Bankman-Fried's mom and dad helped shape their son's crypto empire and received millions of dollars worth of gifts and benefits from the now-bankrupt company.

The Independent UK

Chase crypto ban unlikely to be copied by UK rival banks, lawyer says

The outright ban by JP Morgan’s consumer bank Chase was a ‘brave call’ unlikely to be echoed by high street banks.

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