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The Latest Breaking News on Crypto

Aussies stung for millions in crypto crash

The FTX collapse wiped many crypto wallets and took out smaller exchanges, but administrators for Aussie platform Digital Surge are working on a rescue plan.

AAP

Prosecutors call for France’s former spy chief to stand trial

Bernard Squarcini and 10 others await magistrates’ decision on hearing charges including influence peddling and forgery

The Guardian - UK

1 Stock That Proves You Shouldn't Buy What You Know

Chip stock NVIDIA Corporation (NVDA) is highly popular among investors. However, the company is facing demand softness in China and export restrictions. Demand for GPUs from the gaming industry has been weak. Moreover, the stock trades at an expensive valuation amid an uncertain macroeconomic environment. Therefore, it could be wise…

StockNews.com

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After a year of collapses, cryptocurrency’s future in the balance

WASHINGTON — Spectacular cryptocurrency failures in 2022 have raised the stakes for the industry amid questions about the enduring viability of a technology that advocates say has the potential to revolutionize finance.

Tribune News Service

Madoff: The Monster of Wall Street review – grubby and jaw-dropping from start to finish

This pacy Netflix docu-series plays like a Hollywood thriller, with its trail of grimly fascinating testimonies and astonishing curveballs about the ‘financial serial killer’

The Guardian - UK

A global recession may be looming, but there is a way out of this rut

Last century investment, innovation and the fight for equality led to a huge rise in productivity. Policies to encourage those are vital now, says Guardian economics editor Larry Elliott

The Guardian - UK

George Santos scandal: Democratic predecessor calls him a ‘conman’

Tom Suozzi, Santos’s forerunner for New York’s third district, says the Republican winner should be ‘removed by Congress’

The Guardian - US

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FTX founder Sam Bankman-Fried pleads not guilty to fraud charges

The founder and former CEO of the cryptocurrency exchange FTX appeared in a New York court for an arraignment hearing on Tuesday. Sam Bankman-Fried's lawyers maintained his innocence amid accusations he misappropriated customer and investor funds. The trial is set for October 2 and Bankman-Fried could still change his plea.…

France 24

iPhone and Android users warned over 'pig butchering' crypto scam targeting lonely adults

The scammer creates an account for the victim on a fake app or internet platform, allowing them to see their supposed market growth

Irish Mirror

FTX founder Sam Bankman-Fried pleads not guilty in NYC court to stealing billions from clients

NEW YORK — FTX founder Sam Bankman-Fried pleaded not guilty Tuesday in the multibillion-dollar fraud case against him in Manhattan Federal Court.

Tribune News Service

News briefs

Runoffs targeted in latest effort to tweak Georgia elections

Tribune News Service

iPhone and Android users given warning over 'pig butchering' crypto scam

Sean Gallagher, a senior threat researcher, said the tactic sees scammers recommending victims invest in a cryptocurrency scheme - before "going after the whole hog"

Daily Mirror

Sam Bankman-Fried asks judge to keep his bail guarantors secret

FTX founder Sam Bankman-Fried asked a judge to keep confidential the identities of two people who will help secure his bail to protect them from public scrutiny and potential harassment.

Tribune News Service

Sam Bankman-Fried trying to hide identities of ‘people of considerable means’ guaranteeing his $250m bail

Mr Bankman-Fried wants the judge to keep the names of two people who are guaranteeing his bail secret

The Independent UK

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Al Jazeera

Former crypto titan Sam Bankman-Fried pleads not guilty to fraud

The 30-year-old FTX founder, formerly worth an estimated $26bn, could face a sentence of up to 115 years in US prison.

Tribune News Service

Sam Bankman-Fried asks judge to keep his bail guarantors secret

FTX founder Sam Bankman-Fried asked a judge to keep confidential the identities of two people who will help secure his bail to protect them from public scrutiny and potential harassment.

Tribune News Service

FTX founder Sam Bankman-Fried pleads not guilty in court to stealing billions from clients

NEW YORK — FTX founder Sam-Bankman-Fried pleaded not guilty in the multibillion-dollar fraud case against him in Manhattan federal court on Tuesday.

WEKU

Sam Bankman-Fried pleads not guilty to fraud and other charges tied to FTX's collapse

The co-founder and former CEO of FTX pleaded not guilty to eight criminal counts related to the spectacular collapse of his crypto exchange.

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StockNews.com

4 Cybersecurity Stocks to Buy and Hold for the Next Decade

The cyber security industry is gaining traction, thanks to the expanding digital economy. Therefore, it could be wise to buy quality cybersecurity stocks Fortinet (FTNT), Check Point Software Technologies (CHKP), Trend Micro (TMICY), and Radware (RDWR) and hold them for the next decade. Keep reading….

Evening Standard

Sam Bankman-Fried pleads not guilty in FTX crypto fraud case

He is accused of looting billions of dollars in FTX customer deposits to support his hedge fund

The Guardian - US

Sam Bankman-Fried pleads not guilty in FTX case

Crypto exchange founder accused of using deposits to support hedge fund, buy real estate and make political contributions

Axios

Sam Bankman-Fried pleads not guilty in charges stemming from FTX collapse

The former crypto mogul faces a range of charges stemming from the dramatic collapse of FTX.

The Independent UK

Sam Bankman-Fried fights through media scrum for first US court appearance

The FTX founder pleads not guilty to all charges in federal court

Tribune News Service

Bankman-Fried pleads not guilty, faces trial in October

FTX founder Sam Bankman-Fried pleaded not guilty to criminal charges Tuesday and is set to face a trial in October, a courtroom showdown likely to be one of the highest-profile white-collar fraud cases in recent years.

Tribune News Service

Will 2023 bring more crypto bankruptcies to weed out ‘the pumps and the frauds’?

The crypto industry had a rough go of it in 2022, with crashing cryptocurrency prices and a series of catastrophic bankruptcies.

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