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The Latest Breaking News from Binance

Who is Sam Bankman-Fried and why was the FTX founder arrested in the Bahamas?

The former ’King of Crypto’ is currently behind bars

Evening Standard

Sam Bankman-Fried Arrest: Binance Boss May Dismiss 'FUD', But Should Focus On Feds

Crypto bosses have long dismissed negative news as 'FUD'. They need to start fearing the Feds.

The Street

Who Sam Bankman-Fried was going to blame for FTX’s collapse – until his arrest

Founder and CEO of cryptocurrency exchange could not appear before Congress

The Independent UK

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Crypto Hit with Bad News About Two of Its Stars

Two of crypto's most prominent players found themselves making headlines for the wrong reasons.

The Street

Jitters spread around crypto market amid FTX founder arrest

Crypto exchange Binance has sought to reassure customers it had enough reserves

Evening Standard

Timeline: The rise and spectacular fall of FTX

The crypto exchange was founded in 2019 and attracted big-name investors such as Singapore’s sovereign fund Temasek.

Al Jazeera

Former FTX CEO Sam Bankman-Fried arrested by Bahamian authorities

The Bahamian government said the U.S. has filed criminal charges against Bankman-Fried.

Fortune

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Federal prosecutors can't decide whether to hit Binance and its execs with indictments after 4 years of investigating

The U.S. began looking at the company in 2018 after reports that criminals were among users of the exchange.

Fortune

Crypto Problems Grow: Binance Might Face Money-Laundering Charges

U.S. prosecutors are considering charges against the cryptocurrency exchange and its executives, including CEO Changpeng Zhao, according to Reuters.

The Street

Crypto Crash: Damage Report Ahead Of SBF Testimony

The Crypto Crash continues with Sam Bankman-Fried set to testify before Congress Tuesday; Binance reserves questioned; Argo Blockchain eyes bankruptcy.

Investors Business Daily

Coinbase tells customers to switch to stablecoin it cofounded—without fees

The company implied that the fallout of FTX put “some stablecoins to the test.”

Fortune

FTX, Crypto Collapse Costs Taylor Swift a Huge Payday

Sam Bankman-Fried's ambition for celebrity endorsements might have snared the "Anti-Hero" singer, but she proved to be smarter than a lot of other famous people.

The Street

Why sports sponsorship is unlikely to save cryptocurrency firms from 'crypto winter'

If you have been watching the Fifa World Cup in Qatar closely, you will have noticed the advertising on the hoardings around the pitch. Alongside the usual names – Adidas, Coca-Cola, Visa – there are some new ones, including Crypto.com, the Singapore-based cryptocurrency and payment platform.

The Conversation

The crypto billionaire who helped expose SBF's insolvency calls him 'one of the greatest fraudsters in history' and accuses media and thought leaders of being manipulated

Binance CEO CZ is speaking out against SBF after FTX’s collapse and arguing he had nothing to do with his rival’s downfall.

Fortune

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Fortune

KuCoin CEO defends exchange amid high-yield product backlash

Are crypto platforms adequately educating users about risk?

Bangkok Post

Crypto's path to deep crisis is well-worn

Swiftly rising interest rates have punctured the cryptocurrency bubble, exposing fragility, bad governance and even fraud in many corners, most notably at the crypto exchange FTX. And FTX's spectacular collapse comes on the heels of other recent failures in the cryptosphere, such as Terra-Luna, Three Arrows Capital or Voyager Digital.…

The Street

FTX's Bankman-Fried Said Things Were "Fine" Knowing It Wasn't True

The founder of the cryptocurrency exchange was seeing alarming signs but told the outside world otherwise.

The Street

FTX, BlockFi, Voyager, Celsius: Awful Year For Crypto Investors

Millions of retail investors have lost their savings in the resounding bankruptcies of crypto firms.

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news in one place.

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The Street

FTX Collapse: Bankman-Fried May End Up in Jail, Says Mark Cuban

The founder of the cryptocurrency exchange has become a persona non grata.

Fortune

Wall Street’s ‘Dr. Doom’ calls crypto ‘corrupt gambling’ and rips ‘proof of reserves’ trumpeted after FTX collapse

Nouriel Roubini warned on Saturday, “Crypto is corrupt gambling where the house always & systematically front runs the retail suckers that get rekt.”

The Street

FTX Collapse: Binance Stores $2 Billion to Save Struggling Firms

The world's largest cryptocurrency exchange and its founder Changpeng Zhao pose as saviors of the crypto industry.

Bangkok Post

Equities pause as market takes stock of Covid cases

RECAP: Asian equities fell yesterday in subdued activity after the Thanksgiving holiday in the US. Chinese shares led declines as investors weighed recent gains against an upswing in Covid-19 infections, which reached a new single-day high above 30,000 infections.

Investors Business Daily

Dow Jones Rises; Tesla, Ford Recalls; Apple Eyes Soccer; Binance's Crypto Saving Fund

Dow Jones rises in shortened Black Friday session; Binance's crypto bailout.

The Guardian - AU

‘I am not a rich person’: 30,000 Australian FTX customers left out of pocket after collapse

Exchange’s local administrators flooded with emails from investors, with claims of up to $1m to date

ABC News

ASX closes up, Euro stocks rise on hopes of smaller US rate hikes, Binance in $US1 billion crypto bailout

Australian shares close higher as European stocks rise on hopes of smaller interest rate rises from the US. Meanwhile, Binance announces a $US1 billion crypto bailout.

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