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The Latest Breaking News from Crypto

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

US files criminal charges against crypto tycoon Bankman-Fried

New York (AFP) - US prosecutors slapped disgraced cryptocurrency tycoon Sam Bankman-Fried with multiple criminal charges on Tuesday for massive fraud as he built his FTX crypto empire.

AFP

Former FTX CEO Bankman-Fried hit with 8-count indictment

Former CEO Sam Bankman-Fried is accused of raising more than $1.8 billion from equity investors since May 2019 by promoting FTX as a safe, responsible platform for trading crypto assets. Instead, the complaint says, Bankman-Fried diverted customers’ money into his privately-held crypto fund without…

Chicago Sun-Times

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FTX Collapse: Bankman-Fried Sued by the CFTC

The CFTC has filed a lawsuit against the founder of the FTX cryptocurrency exchange.

The Street

FTX's Bankman-Fried Used Client Money for Political Donations: SEC

The SEC has filed charges against the founder of the bankrupt crypto exchange FTX.

The Street

House Financial Services presses FTX CEO on crypto's regulatory needs - Roll Call

John Ray III, who took over FTX after its collapse, tells lawmakers the cryptocurrency exchange was "uniquely positioned to fail."

Roll Call

FTX's Bankman-Fried Committed $1.8B Fraud, SEC Complaint Alleges

The founder of the bankrupt cryptocurrency exchange was arrested on December 12 in the Bahamas, at the request of US authorities.

The Street

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FTX founder Sam Bankman Fried charged by SEC with defrauding investors

The former CEO was accused of having ‘built a house of cards on a foundation of deception’

Evening Standard

FTX Collapse: Bankman-Fried's Rise Ends in a Jail Cell

Until the morning of Nov. 8, Sam Bankman-Fried, the founder of the cryptocurrency exchange sat on top of the crypto world.

The Street

SEC charges disgraced crypto tycoon Bankman-Fried with defrauding investors

Washington (AFP) - The US Securities and Exchange Commission charged disgraced cryptocurrency tycoon Sam Bankman-Fried on Tuesday with defrauding customers of billions of dollars, a day after he was arrested in the Bahamas at the request of the United States.

AFP

Sam Bankman-Fried accused of fraud by SEC ahead of criminal charges

SBF was arrested on Monday night in the Bahamas at the request of U.S. authorities.

Axios

FTX founder Sam Bankman-Fried charged with defrauding investors

SEC says investigation into other alleged misconduct by former CEO of cryptocurrency exchange is ongoing

The Guardian - UK

SEC charges former FTX CEO with defrauding crypto investors

The U.S. Securities and Exchange Commission has charged the former CEO of failed cryptocurrency firm FTX with orchestrating a scheme to defraud investors

The Independent UK

SBF was arrested before a pivotal congressional hearing on FTX’s monumental collapse. Here’s how to watch and what to expect

What questions will lawmakers ask with SBF in custody?

Fortune

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Evening Standard

Jitters spread around crypto market amid FTX founder arrest

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

France 24

Sam Bankman-Fried, founder of failed crypto exchange FTX, arrested in Bahamas

Sam Bankman-Fried, the disgraced head of once-leading cryptocurrency trading platform FTX, is to be extradited to the US after being arrested in the Bahamas. US prosecutors have yet to unseal the indictment against 30-year-old Bankman-Fried, who became a billionaire during the cryptocurrrency boom. In this edition, we take a closer…

Daily Mirror

Bankrupt 'crypto king' charged in Bahamas after FTX collapse sees him lose £27billion

The former CEO of failed crypto firm FTX which obliterated millions of pounds of people's money, Sam Bankman-Fried, has been arrested in the Bahamas and will soon be extradited to the US

USA Today Sports Media Group

Boston Celtics at Los Angeles Lakers: How to watch, broadcast, lineups (12/13)

The Boston Celtics will play their second game in Crypto.com Arena in 24 hours as they face their longtime rivals the Los Angeles Lakers.

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Al Jazeera

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.

USA Today Sports Media Group

Boston Celtics vs. Los Angeles Clippers, live stream, prediction, TV channel, time, how to watch the NBA

The Boston Celtics will continue their road trip on Monday night when they visit the Los Angeles Clippers at Crypto.com Arena in LA.

Tribune News Service

Bahamas told Bankman-Fried to mint new crypto as FTX collapsed, lawyers say

Bahamas government officials are working closely with failed crypto magnate Sam Bankman-Fried and trying to help him regain access to key computer systems of bankrupt FTX Trading, lawyers for FTX said in a court filing.

AFP

Disgraced crypto tycoon Bankman-Fried arrested in Bahamas

Washington (AFP) - Disgraced cryptocurrency tycoon Sam Bankman-Fried was arrested Monday in the Bahamas at the request of the United States, according to US officials seeking to charge him after the spectacular collapse of his FTX platform.

The Independent UK

Former FTX CEO Sam Bankman-Fried arrested in the Bahamas

The former CEO of failed crypto firm FTX Sam Bankman-Fried has been arrested in the Bahamas at the request of U.S. authorities

WEKU

Bankman-Fried, disgraced former CEO of FTX crypto exchange, is charged with fraud

Sam Bankman-Fried was arrested in the Bahamas, based on a criminal indictment that was unsealed Tuesday. Authorities say he improperly diverted billions of dollars.

The Independent UK

Sam Bankman-Fried: Disgraced FTX crypto exchange founder detained in Bahamas at US request

Bahamas attorney general Ryan Pinder said that US was ‘likely to request his extradition’

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