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The Latest Breaking News from Crypto

Sam Bankman-Fried: the crypto pioneer behind one of the largest financial frauds in history

The 30-year-old is facing decades in jail after being found guilty of fraud. So how did the FTX founder end up here? Amy Francombe reports

Evening Standard

PayPal launches integration with MetaMask Web3 wallet for Ethereum transactions

The company said the feature will be rolled out to U.S. users in the coming weeks.

Fortune

Warren pushes bipartisan bill to regulate crypto firms after FTX collapse

Move co-sponsored by Republican Roger Marshall aims to crack down on money laundering after arrest of Sam Bankman-Fried

The Guardian - US

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Everyone has had enough of Gary Gensler

The SEC chair’s publicity antics have worn thin. The industry deserves a real regulator.

Fortune

FTX’s venture investments in limbo with SBF in custody and prosecutors and lawyers circling crumbs of his crypto empire

The SEC claims Sam Bankman-Fried used FTX customer funds to make venture investments.

Fortune

Crypto: The white male privilege scam

The downfall of Sam Bankman-Fried serves as a reminder of how many white male "geniuses" are just full of crap

Salon

2022 was tech's year of big endings

From social media to the long bull market and from the techlash to the crypto bust, this year was full of finales.

Axios

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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

FTX Collapse: Bankman-Fried Remains in Jail

An extradition hearing has been set for February 8, 2023.

The Street

Lightfoot supporter questions indicted crypto billionaire’s donation to Garcia

State Rep. Kelly Cassidy (D-Chicago) questioned Samuel Bankman-Fried’s motives for spending $151,420 on direct mail pieces for Chuy Garcia’s congressional reelection.

Chicago Sun-Times

Five things we know about the collapse of FTX and Sam Bankman-Fried

Company founder was arrested and charged with running a ‘house of cards’ in ‘one of the biggest financial frauds in US history’

The Guardian - US

‘Uniquely destined to fail’: New FTX CEO describes to Congress mess left behind by SBF

FTX CEO John Ray III was the sole witness during the House Financial Services Committee hearing.

Fortune

Prosecutors give a stark warning to other crypto platforms in the wake of the SBF indictment and call it 'one of the biggest financial frauds in American history'

Federal prosecutors warn crypto companies to get in line, lest Sam Bankman-Fried and FTX’s fate befall them.

Fortune

FTX Was a Fraud From the Beginning, Regulators Say

U.S. regulators paint a bleak picture of the crypto empire of Sam Bankman-Fried.

The Street

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ABC News

Sam Bankman-Fried promised his FTX crypto empire would save the world. US authorities say he was lying from the start

Sam Bankman-Fried insists the collapse of $32 billion crypto empire is the result of bad accounting, human error and rotten luck. US authorities say it was a "massive, years-long fraud".

Fortune

Former FTX CEO Sam Bankman-Fried was arrested, and the memes can barely keep up

The 30-year-old crypto entrepreneur likely will be extradited to the U.S.

Tribune News Service

Silvergate Capital faces questions from lawmakers amid FTX crypto exchange collapse

San Diego's Silvergate Capital made its name in recent years as one of a few traditional banks providing deposit, fund transfer, security and other services for the cryptocurrency trading market.

The Street

FTX's Bankman-Fried Violated Campaign Finance Laws, DoJ Alleges

Founder of bankrupt cryptocurrency exchange FTX also faces criminal charges of fraud and conspiracy.

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AFP

Sam Bankman-Fried: crypto rock star facing life in jail

Washington (AFP) - Sam Bankman-Fried has had a dizzying fall from top of the heap in the world of cryptocurrencies to staring down a hefty jail sentence on a raft of fraud charges.

Daily Mirror

Inside wild life of polyamorous 'Crypo king' who lost $32billion in FTX collapse

Sam Bankman-Fried went from a multi-billionaire to destitute overnight when his cryptocurrency exchange FTX collapsed after it was revealed billions were being funnelled into another of his companies

AFP

US charges crypto tycoon Bankman-Fried with 'massive' fraud

New York (AFP) - Disgraced cryptocurrency tycoon Sam Bankman-Fried was hit with multiple criminal charges Tuesday, accused of committing one of the biggest financial frauds in US history.

The Street

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.

Zenger

FTX Co-Founder Sam Bankman-Fried To Testify In Front Of US House Financial Committee

Bankrupt cryptocurrency exchange FTX’s co-founder Sam Bankman-Fried announced on Friday that he will testify before Congress

The Independent UK

New FTX CEO says lax oversight, bad decisions caused failure

The new CEO of the cryptocurrency exchange FTX is appearing before a House committee Tuesday, detailing for lawmakers the lack of oversight and financial controls that he discovered since taking over the company a month ago

The Independent UK

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

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