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The Latest Breaking News from Cryptocurrency

Former crypto titan Sam Bankman-Fried pleads not guilty to fraud

The 30-year-old FTX founder, formerly worth an estimated $26bn, could face a sentence of up to 115 years in US prison.

Al Jazeera

How will the ultrawealthy ride out the recession? 1,200 investors worth $130 billion have one big strategy—and it's not playing the stock market

The über-rich are keeping their powder dry in the new year, a poll of ultra-high-net-worth investors found. Then they'll "pounce."

Fortune

Will 2023 bring more crypto bankruptcies to weed out ‘the pumps and the frauds’?

The crypto industry had a rough go of it in 2022, with crashing cryptocurrency prices and a series of catastrophic bankruptcies.

Tribune News Service

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FTX founder Sam Bankman-Fried faces arraignment in New York

FTX founder Sam Bankman-Fried is returning to a Manhattan federal court to face charges of cheating investors and looting customer deposits on his cryptocurrency trading platform

The Independent UK

Reasons to be cheerful in 2023

MANY of the main reasons to be cheerful in 2023 are negative ones. For instance, Liz Truss is not our prime minister and it is looking increasingly unlikely that any of us will need to take the tech bros promoting cryptocurrency and NFTs seriously; above all, it’s not 2022 anymore.…

Evening Standard

Senior Provincial Official Pleads Guilty to Graft and Flouting Crypto Ban

Xiao Yi, a former political advisor and party chief in Jiangxi, received more than $18 million worth of bribes

Caixin Global

PSNI warning after person lost £350K in cryptocurrency scam

"Due to the advances in technology, criminals can find their way into someone’s home, and access their banking and personal date without physically having to go to someone’s door"

Belfast Live

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2022 was the year crypto came crashing down to Earth

For the world of crypto, 2022 started with exuberance and ended with its unofficial spokesman in handcuffs.

WEKU

Analysts upbeat on outlook for Thai stocks

Analysts are bullish on the Thai stock market's prospects in 2023 after China announced the country's reopening in January, while cryptocurrency is likely to remain volatile in the first six months, perhaps improving in the latter half when inflation eases.

Bangkok Post

The Shiba Inu behind the famous 'doge' meme is sick with cancer, its owner says

The 17-year-old pooch, Kabosu, reached global recognition after social media users turned her face into a viral meme and cryptocurrency branding. Her owner says she's in a "very dangerous condition."

WEKU

Crypto player Kraken to exit Japan amid sector’s annus horribilis

US-based cryptocurrency exchange’s announcement comes amid plummeting asset values and sector-wide reckoning over FTX.

Al Jazeera

FTX customers sue Sam Bankman-Fried as part of Chapter 11 case

Customers of failed cryptocurrency exchange FTX sued in bankruptcy court in hopes of being first in line to recover some of the billions lost in the meltdown of Sam Bankman-Fried’s digital-asset empire.

Tribune News Service

US probes how $372 million vanished in hack after FTX bankruptcy

Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million out of FTX just hours after the cryptocurrency exchange filed for bankruptcy last month.

Tribune News Service

Crypto will survive FTX, Sam Bankman-Fried

Today, there are people all over the world committed to cryptocurrency's endurance.

Axios

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Los Angeles Times

Emails reveal Sam Bankman-Fried’s courtship of federal regulators

ALAMEDA, Calif. — Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader who sought more regulation of cryptocurrency and wanted his industry to be part of the mainstream financial system.

The Independent UK

Tory minister’s Twitter account hijacked by crypto fraudsters

Fake ‘special giveaway’ of cryptocurrency promoted to Chichester MP’s 32,000 followers

The National (Scotland)

Tory minister's Twitter account 'hacked' and flooded with Elon Musk and crypto tweets

A TORY minister's Twitter account has changed its profile picture to an image of Elon Musk while promoting a fake cryptocurrency event after being…

Daily Mirror

Tory minister's Twitter account hijacked by crypto fraudsters in embarrassing hack

Education Secretary Gillian Keegan’s Twitter account started sending messages promoting cryptocurrency - raising fresh questions about the security of ministers' phones

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The Independent UK

Judge kept FTX execs' plea deals secret to get founder to US

A judge agreed to keep secret that two of Sam Bankman-Fried's executive associates were cooperating with investigators so that the cryptocurrency entrepreneur would not change his mind and fight extradition from the Bahamas to the United States

Evening Standard

Sam Bankman-Fried released to parents’ home on $250 million bail while awaiting crypto fraud trial

The 30-year-old is accused of stealing billions in customer funds from cryptocurrency exchange FTX

Tribune News Service

Bankman-Fried released on $250 million bond in FTX fraud case

NEW YORK — Sam Bankman-Fried was released on a $250 million bail package after making his first U.S. court appearance to face fraud charges over the collapse of FTX, the cryptocurrency exchange he co-founded.

Al Jazeera

What is the post-FTX future of cryptocurrency?

Cryptocurrencies, experts say, have mainly been speculative, which only worked as long as real dollars were there.

WEKU

North Korea has hacked $1.2 billion in crypto and other assets for its economy

North Korean hackers have stolen an estimated $1.2 billion in cryptocurrency and other virtual assets in the past five years, more than half of it this year alone, South Korea's spy agency says.

The Independent UK

FTX founder Bankman-Fried to make 1st US court appearance

The cryptocurrency entrepreneur Sam Bankman-Fried is expected to make his initial U.S. court appearance Thursday on charges that he swindled investors and looted customer deposits on his FTX trading platform

France 24

FTX founder Bankman-Fried to appear in court after extradition to US

FTX founder Sam Bankman-Fried is expected to appear before a U.S. court on Thursday after being extradited from The Bahamas, where he had remained since the collapse of his now-bankrupt cryptocurrency exchange.

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