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The Latest Breaking News from Crypto

Jesús ‘Chuy’ García's congressional campaign says it will return Bankman-Fried money to investors

CHICAGO — Chicago mayoral candidate Jesús “Chuy” García’s congressional campaign says it will cut a check for $2,900 to repay clients of a collapsed cryptocurrency exchange the same amount of money the disgraced former head of the business contributed to García’s reelection war chest.

Chicago Tribune

Investors still trust anonymous crypto founders with millions—even after the FTX meltdown

Crypto investors have put millions into ventures run by 'anons.' Sam Bankman-Fried and the FTX collapse have only strengthened their faith.

Fortune

Robinhood to buy back Sam Bankman-Fried's stake in brokerage

The decision follows a months-long fight over who owns the 7.6% stake in Robinhood after FTX declared bankruptcy.

Fortune

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Regulators unable to intervene with potential ponzi seminar

Unable to step into a regulatory grey area, NZ’s watchdogs have to rely on the media to spread caution.

Newsroom.co.nz

Here come the crypto intellectual property wars

Crypto is barely a decade old but already it has resulted in novel cases in the fields of copyright, patent, and trademark law.

Fortune

Welsh cryptocurrency protection firm Coincover secures $30m investment to expand

It is one of the biggest investment rounds ever into a Welsh start-up

Birmingham Post

ChatGPT mania spurs crypto fans’ stampede to ‘faddish’ AI tokens

Count on crypto fans to jump on any burgeoning trend as fast as they can.

The Times of India

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FTX founder keeps talking, ignoring typical legal strategy

Sam Bankman-Fried, the founder and former CEO of FTX, has been unusually talkative following the November collapse of the cryptocurrency exchange and his subsequent indictment on fraud and other charges

The Independent UK

‘Sam? Are you there?!’ The bizarre and brutal final hours of FTX

How Sam Bankman-Fried and his band of millennial millionaires lost a $40bn crypto empire

Financial Times

Robinhood’s crypto business continues to decline during Crypto Winter as customers steer clear of trading

The drop came amid a major retrenchment in the crypto industry.

Fortune

PHOTOS: Best images from the Thunder’s 133-130 win over the Lakers

Lots of good photos from this one as the Thunder come away with a win and the league celebrates LeBron James becoming the new all-time scoring leader.

USA Today Sports Media Group

Binance executive says balance sheet audit is ways off

After the fall of FTX, cryptocurrency exchanges have been pressured to show that their customers’ assets are secure.

Fortune

With crypto banking on the brink, rumors are flying

An obscure government office is at the center of uncertainty for two key companies.

Fortune

Lakers player grades: LeBron gains record, but L.A. loses to Thunder

While LeBron James got Crypto.com Arena excited on Tuesday by breaking the NBA's career scoring record, the Lakers fell to the Thunder.

USA Today Sports Media Group

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Tribune News Service

NYC judge refuses to sign off on new bail terms reached between Sam Bankman-Fried and the feds

NEW YORK — A Manhattan judge rejected a request Tuesday from embattled crypto entrepreneur Sam Bankman-Fried to modify the conditions of his $250 million bail.

Fortune

Former Coinbase employee admits to insider trading

This is the first time an insider has admitted guilt in an insider-trading case involving cryptocurrency, the Justice Department said in a statement.

Fortune

Why Barry Silbert and the Winklevoss twins are now damaged goods

The men made the crypto industry what it is today but now they are damaged goods.

Fortune

Anthony Scaramucci says his experience with FTX and its ‘sociopathic’ founder Sam Bankman-Fried was ‘extremely disappointing.’ So why is he investing in a company run by a former executive of the imploded exchange?

Scaramucci accused the FTX founder Sam Bankman-Fried of intentionally duping many people, but said he had faith in former FTX exec Brett Harrison.

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Fortune

Celsius report details red flags investors missed

Customers have been trying to claw back $4.7 billion in deposits.

The Times of India

What’s trending from 2023 Grammys

The 65th Annual Grammy Awards formed huge gridlock on the roads heading to the crypto.com Arena in Los Angeles. Beyoncé arrived fashionably late but ended up giving some jaw-dropping looks by changing her outfits a few times while winning many categories in abundance. Sunday evening got ignited by the music…

Evening Standard

The Bank of England’s proposed digital pound: what does it mean?

The Bank of England has begun a consultation on the introduction of its own digital pound as it seeks to gain a foothold in the unwieldy world of cryptocurrencies and stablecoins.

Fortune

Genesis, DCG reach initial deal with main creditors

The creditors who came to terms with the lending arm of Genesis and DCG are owed approximately $2.4 billion out of the total $3.4 billion the company reportedly owes.

Bangkok Post

Bangkok lauded as global hub for cryptocurrencies

Bangkok has emerged as the world's 10th largest crypto hub, according to new research from cryptocurrency tax software company Recap.

Fortune

Crypto ads will vanish from the Super Bowl as the fall of FTX weighs on the industry’s reputation

Last year’s Super Bowl featured commercials from four crypto companies.

Fortune

Blockchain analyst firm Elementus is now worth $160M

The funding announcement reflects continuing investor interest in blockchain infrastructure and data analytics companies, even amid a Crypto Winter.

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