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The Latest Breaking News on Crypto

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.

WEKU

Two major FTX figures plead guilty to federal charges

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

Axios

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.

Tribune News Service

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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.

Bangkok Post

Biden hits Russia's Wagner group with tough new export curbs

The Biden administration on Wednesday unveiled new curbs on technology exports to Russia's Wagner military group, in a bid to further choke off supplies to the contractor over its role in the Russian invasion of Ukraine.

Reuters

Sam Bankman-Fried is set to leave Bahamas to face charges in US

Sam Bankman-Fried’s extradition was approved by Bahamas judge on Wednesday, clearing one of the final hurdles for him to be sent to the U.S. to face a litany of criminal charges.

Tribune News Service

FTX founder Sam Bankman-Fried reportedly agrees in court to be extradited to U.S.

He faces eight counts of fraud, conspiracy, campaign finance law violations and money laundering in the U.S.

Axios

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Wyoming bullishly courts crypto, even after collapse of FTX

For decades, Wyoming has sought to escape the boom-and-bust cycles of its fossil-fuel-driven economy

The Independent UK

FTX founder could be sent to US after extradition hearing

Sam Bankman-Fried is back in a Bahamian court Wednesday for an extradition hearing that could clear the way for the one-time billionaire to be sent to the U.S. to face criminal charges related to the collapse of cryptocurrency exchange FTX

The Independent UK

An FBI ace on how to build an airtight case against SBF

Gregory Coleman ran the criminal investigation against Jordan Belfort, and helped seize assets that went back to Bernie Madoff victims.

Fortune

What is cryptocurrency?

Cryptocurrencies are a type of digital asset, which rely on cryptography for security.

Evening Standard

Elon Musk will quit as Twitter CEO if he finds someone ‘foolish enough’ to take over

More than 10m Twitter users voted for Musk to step down in a poll he posted on Sunday

Manchester Evening News

How dark money drove the crypto fraud

Citizens United has fueled any number of sleazy dark-money political bargains. At least Bankman-Fried got caught

Salon

Next financial crisis will come from private cryptocurrencies: RBI chief Shaktikanta Das

NEW DELHI: Reserve Bank of India (RBI) chief Shaktikanta Das has once again warned about investment in cryptocurrencies.

The Times of India

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The National (Scotland)

Elon Musk to quit as Twitter chief if he finds someone ‘foolish enough’ to take job

Elon Musk has said he will step down as chief executive of Twitter once he finds someone "foolish enough to take the job".

ABC News

Blake banned himself from gaming venues, but he lost another $300,000 through online casinos

Many Australians are accessing virtual casinos via offshore gambling sites. The under-regulated industry is increasingly being fuelled by cryptocurrencies.

Evening Standard

Elon Musk says he will step down as Twitter chief once he finds a successor

Elon Musk has confirmed he will step down as chief executive of Twitter, as soon as he finds someone “foolish enough to take the job”.

Daily Mirror

Elon Musk to quit as Twitter boss once he finds 'someone foolish enough to take job'

Elon Musk has said that he will resign as chief executive of Twitter when he can find someone who is "foolish enough to take the job" after a majority in a poll he conducted wanted him to step down

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Wales Online

Elon Musk promises to quit as Twitter boss once he finds 'someone foolish enough to take the job'

'I will resign as CEO as soon as I find someone foolish enough to take the job'

The Independent UK

Sam Bankman-Fried reportedly fell asleep during extradition hearing

Crypto mogul faces up to 115 years in prison if convicted of wire fraud and securities fraud charges

Tribune News Service

Sam Bankman-Fried to fly to US Wednesday, escorted by FBI agents

WASHINGTON — Federal authorities are set to whisk Sam Bankman-Fried to the U.S. on Wednesday to face a range of criminal charges related to the collapse of the FTX crypto exchange.

The Independent UK

Hearing on FTX founder's extradition to US set for Wednesday

Sam Bankman-Fried will have a hearing Wednesday in a Bahamian court on his possible extradition U.S. in the coming days to face criminal charges related to the collapse of cryptocurrency exchange FTX

The Independent UK

Sam Bankman-Fried could be housed in same prison Ghislaine Maxwell was in after agreeing to extradition

The disgraced FTX founder will return to the US from The Bahamas to face criminal charges

Reuters

Luxembourg authorises some frozen Russian assets to be unblocked

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine)

WEKU

Could you be eligible for a Fortnite refund?

Epic Games has agreed to pay the Federal Trade Commission $520 million over allegations of privacy violations and unwanted charges. Nearly half of the money will go to refund consumers.

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