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The Latest Breaking News on Crypto

Thanks to FTX, regulating crypto should be easy

As the demise of the FTX crypto empire unfolds — on Twitter, in bankruptcy proceedings, in congressional hearings and potentially in criminal court — lawmakers and regulators are grappling with a question: What, if anything, should they do to civilize a market so rife with abuse?

Tribune News Service

Judge kept FTX execs' plea deals secret to get founder to US

A judge agreed to keep secret that two of Sam Bankman-Fried's executive associates were cooperating with investigators so that the cryptocurrency entrepreneur would not change his mind and fight extradition from the Bahamas to the United States

The Independent UK

It was the end of easy money that took the shine off tech in 2022

City comment: After a period of naïve optimism and financial malpractice, it’s time for the tech sector to snap back to reality

Evening Standard

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Council warning as several elderly people are out of pocket after being targeted by rogue traders

Blaenau Gwent CBC has shared advice on how to spot rogue traders

Wales Online

Warning over new wave of scams conning people out of money and personal information

Phishing scams, which occur in the form of fraudulent texts and emails, have been on the rise with criminals impersonating the HSE, An Post, and other state organisations.

Irish Mirror

Iran Says Arrested Four Mossad-linked Cells

Iran said intelligence ministry forces arrested four cells tied to Israel’s Mossad spy agency on Thursday. The intelligence ministry said in a statement that “relentless efforts” led to the arrest of all operatives, IRNA reported. The statement said Israel took advantage of the riots in Iran over the past weeks…

Asharq Al-Awsat

Sam Bankman-Fried released to parents’ home on $250 million bail while awaiting crypto fraud trial

The 30-year-old is accused of stealing billions in customer funds from cryptocurrency exchange FTX

Evening Standard

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Bankman-Fried released on $250 million bond in FTX fraud case

NEW YORK — Sam Bankman-Fried was released on a $250 million bail package after making his first U.S. court appearance to face fraud charges over the collapse of FTX, the cryptocurrency exchange he co-founded.

Tribune News Service

Sam Bankman-Fried released on $250 million bond

He has been accused in a U.S. criminal complaint of engaging in a fraud scheme for FTX customers.

Axios

FTX founder Sam Bankman-Fried to be released on $250m bail after first US court appearance

Former head of failed crypto exchange was extradited to US after arrest in Bahamas

The Independent UK

How do you ask your city for a sex dungeon? In Fort Lauderdale, it took some domination

When people walk into City Hall, they usually want something. A vote against a big building down the street. Money for a community center.

Miami Herald

What is the post-FTX future of cryptocurrency?

Cryptocurrencies, experts say, have mainly been speculative, which only worked as long as real dollars were there.

Al Jazeera

FTCH Stock: It’s Cheap, but Is It a Buy?

London-based online luxury goods retailer Farfetch’s (FTCH) shares are trading below $4. However, as the company missed the analysts’ estimate in the last quarter, would it be wise to add the stock to your portfolio now? Read on to find out….

StockNews.com

FTX founder Bankman-Fried to make 1st US court appearance

The cryptocurrency entrepreneur Sam Bankman-Fried is expected to make his initial U.S. court appearance Thursday on charges that he swindled investors and looted customer deposits on his FTX trading platform

The Independent UK

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France 24

FTX founder Bankman-Fried to appear in court after extradition to US

FTX founder Sam Bankman-Fried is expected to appear before a U.S. court on Thursday after being extradited from The Bahamas, where he had remained since the collapse of his now-bankrupt cryptocurrency exchange.

The Independent UK

Two associates of FTX founder Sam Bankman-Fried reach plea deals over crypto scandal

Pair faced hefty prison sentences for role in collapse of cryptocurrency exchange

Financial Times

How professors’ children are shaping the world

Zelenskyy, Macron and Sam Bankman-Fried are all academics’ kids on a global stage

Axios

Coinbase CEO Brian Armstrong talks FTX, crypto regulation and DeFi

The crypto industry suffered a big black eye, but it isn't going anywhere, Armstrong says.

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Evening Standard

Computer expert faces contempt of court proceedings over Bitcoin libel ruling ‘leak’

A computer expert who claims to have invented cryptocurrency Bitcoin is facing contempt of court proceedings over the alleged leaking of a High Court ruling.

Evening Standard

FTX founder Sam Bankman-Fried touches down in New York to face fraud charges

Two of Sam Bankman-Fried’s top associates have pleaded guilty to criminal charges related to the operation of FTX

Al Jazeera

FTX founder Bankman-Fried’s colleagues plead guilty to fraud

Gary Wang and Caroline Ellison have agreed to cooperate with the authorities, according to US prosecutors.

WEKU

Sam Bankman-Fried to be released on $250 million bail into parents' custody

The founder of cryptocurrency exchange FTX appeared in court after being extradited from the Bahamas. He's charged with alleged fraud, conspiracy, money laundering and illegal campaign contributions.

Axios

Two major FTX figures plead guilty to federal charges

Two close confidants of Sam Bankman-Fried are cooperating with federal prosecutors.

Tribune News Service

Sam Bankman-Fried arrives at Bahamas airport for extradition to US

Sam Bankman-Fried arrived at a private Bahamas airport on Wednesday evening to be flown to the US to face a litany of criminal charges after a tumultuous day in the island nation.

Bangkok Post

SEC issues warning for Zipmex deals

The Securities and Exchange Commission (SEC) is warning investors to carefully review individual agreements proposed by crypto exchange Zipmex before deciding to make a deal with the company.

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