The Latest Breaking News from Crypto

Are crypto platforms adequately educating users about risk?

Company expects further significant drops in trade and ‘the potential for more black swan-type events’

FTX founder says he will testify when he has ‘finished learning and reviewing’ collapse of cryptocurrency exchange.

FTX founder Sam Bankman-Fried “steered clear of anything that sounded like intentional misconduct,” said U.S. securities lawyer James Murphy.

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.…

Tech billionaires seem intent on giving away a lot of money. But are those who support ‘longtermism’ and ‘effective altruism’ ignoring the very real problems of today?

LOS ANGELES – With a six-game road trip ahead, the Los Angeles Kings might have wanted to get away during stretches of a 4-2 loss to the Carolina Hurricanes at Crypto.com Arena Saturday.

“There’s a very open and shut case for fraud,” said Armstrong, adding it’s “bizarrre” the media isn’t calling Bankman-Fried a “criminal.”

The crypto industry was already facing a trust deficit, and this has set it back far.

SBF, as Bankman-Fried was often called, says he didn’t commit fraud. But bankruptcy specialists say the findings so far are ‘pretty devastating.’

By the time his bank account hit zero, the man who insisted he would one day be the "world's first trillionaire" had left only a trail of destruction in his wake.