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The Latest Breaking News from Crypto

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

FTX Collapse: Bankman-Fried Wants to Avoid Arrest on US Soil

The deposed founder of the bankrupt cryptocurrency exchange will not testify in person before Congress on December 13.

The Street

Bankman-Fried to face off with lawmakers over FTX collapse

The former CEO of the failed cryptocurrency firm FTX will testify before a Congressional committee Tuesday, his first appearance under oath since FTX filed for bankruptcy roughly a month ago

The Independent UK

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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

SBF agreed to testify in Congress. Here’s what lawmakers are thinking about crypto legislation

How will the collapse of FTX shape regulation from Washington?

Fortune

How FTX Australia was able to get away with claiming it was 'ASIC-licenced'

When cryptocurrency exchange FTX Group collapsed in the Bahamas last month, its local subsidiaries FTX Australia Pty Ltd and FTX Express Pty Ltd fell over too.

The Conversation

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

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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

Crypto.com's name is all over the 2022 World Cup. Will it be around for the next one?

Crypto.com issued a report to reassure customers and the public its finances are just fine. Is that enough?

Fortune

Jimmy Fallon, Justin Bieber, and Serena Williams among big-name celebs sued over Bored Ape NFT promotions

Gwyneth Paltrow and Madonna were also named in the lawsuit.

Fortune

FTX collapse shakes up Chicago crypto market, where its US trading platform was going to be the next big thing

CHICAGO — When the FTX.US headquarters opened in a gleaming new Fulton Market tower in May, Mayor Lori Lightfoot and her retinue stopped by to officially welcome the cryptocurrency exchange to Chicago, a city positioning itself as a financial center for the booming digital assets.

Chicago Tribune

Laird could sell off Scottish nudist beach after losing £130k in crypto 'scam'

A LAIRD who lost £130,000 in a cryptocurrency investment has warned he may have to sell off parts of his estate.

The National (Scotland)

Crypto: Bieber, Madonna, Steph Curry, Snoop Dogg in Big Trouble

A new lawsuit accuses a dozen celebrities of contributing to significant financial losses, by promoting non-fungible tokens, aka NFTs.

The Street

Scots laird who owns nudist beach to sell off parts of estate after £130k loss in crypto scam

Michael Dudgeon, who owns Scotland's most northerly nudist beach, claims he lost tens of thousands in a crypto scam.

Daily Record

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The Conversation

'I thought crypto exchanges were safe': the lesson in FTX's collapse

Anthony* (a friend) called a few weeks ago, deeply worried.

The Street

FTX Collapse: Bankman-Fried Will Testify Before Congress on Dec. 13

The founder of the bankrupt cryptocurrency exchange was under the threat of a subpoena.

Football London

Why Chelsea are set to lose £20m from major cryptocurrency crash following FTX collapse

Chelsea news: Sponsorship could be cut short after massive market crash in digital assets

Liverpool Echo

Chelsea have encountered £20m problem Liverpool shouldn't ignore

Chelsea are to see their £20m per year sleeve sponsorship ended with cryptocurrency firm WhaleFin

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Reason

Governments Scramble To Manage, Regulate, and Throttle Crypto

Most dangerously of all, they're starting to make their own central bank digital currencies.

Fortune

Top economist Mohamed El-Erian says crypto is a canary in the coal mine for an era of ‘irresponsible risk taking’—and the fallout could lead to ‘financial accidents’

Mohamed El-Erian is worried that crypto’s risk-taking behavior is just an example of what became the norm over the past decade.

AFP

Keep talking: Disgraced crypto king's high-risk strategy

New York (AFP) - Omnipresent on talk shows and conference panels, disgraced cryptocurrency tycoon Sam Bankman-Fried is defying the advice of the legal profession and staying in the public eye despite facing the real threat of prosecution and even jail time.

The Independent UK

Former FTX chief Sam Bankman-Fried to testify before Congress next week

‘There is a limit to what I will be able to say, and I won’t be as helpful as I’d like,’ crypto founder says

The Street

Crypto: Founder of Bankrupt Celsius Calls on Elon Musk For Help

Celsius Network filed for bankruptcy in July, causing losses to many investors and customers.

Fortune

Goldman Sachs and the return of ‘Blockchain not Bitcoin’

Goldman Sachs CEO says Wall Street knows best when it comes to blockchain innovations.

Investors Business Daily

Sam Bankman-Fried To Testify; SEC Ratchets Up Oversight

Sam Bankman-Fried said he would go before Congress next week; the SEC wants crypto exposure disclosures.

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