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The Latest Breaking News from Cryptocurrency

Sam Bankman-Fried has been arrested. What happens next to the FTX founder?

The former CEO has been arrested in the Bahamas, a day before he was due to appear at a House committee hearing on the collapse of the cryptocurrency exchange

The Guardian - AU

FTX cryptocurrency founder Sam Bankman-Fried arrested in the Bahamas

His firm filed for bankruptcy last month when customers were unable to withdraw their money

Wales Online

Sam Bankman-Fried news – FTX founder charged with wire fraud, money laundering after Bahamas arrest

FTX founder was arrested in The Bahamas late Monday night after weeks of financial chaos that took down world’s third-largest cryptocurrency exchange

The Independent UK

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Sam Bankman-Fried arrested - latest: FTX founder arrested in Bahamas as US debates fraud case

Arrest comes after six weeks of financial chaos that took down world’s third-largest cryptocurrency exchange

The Independent UK

FTX founder Sam Bankman-Fried arrested in Bahamas over US criminal charges

Sam Bankman-Fried was arrested in the Bahamas on Monday in the wake of the spectacular failure of his cryptocurrency exchange FTX.

Tribune News Service

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’

The Independent UK

FTX founder Sam Bankman-Fried arrested in the Bahamas ahead of possible extradition to the US

The founder of bankrupt cryptocurrency exchange FTX has reportedly been arrested in the Bahamas, where his now defunct business was based.

ABC News

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SEC readies stricter rules for digital assets

The Thai Securities and Exchange Commission (SEC) is preparing to impose more stringent regulations on digital assets to mirror the global market, with the aim of increasing investor protection.

Bangkok Post

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

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

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)

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

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

The Conversation

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

Football London

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Salon

Why did we need cryptocurrency?

It's deeply surprising that investing in money that isn't money, at a bank that isn't a bank, didn't go well

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

Reason

Governments Scramble To Manage, Regulate, and Throttle Crypto

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

ABC News

Cryptocurrency broker Digital Surge goes into administration, as the FTX fallout continues

Tens of thousands of Australian investors with superannuation and savings tied up in cryptocurrency remain in suspense, as a major Australian broker collapses into voluntary administration.

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The Conversation

Why sports sponsorship is unlikely to save cryptocurrency firms from 'crypto winter'

If you have been watching the Fifa World Cup in Qatar closely, you will have noticed the advertising on the hoardings around the pitch. Alongside the usual names – Adidas, Coca-Cola, Visa – there are some new ones, including Crypto.com, the Singapore-based cryptocurrency and payment platform.

Tribune News Service

Overshadowed by failures, crypto hacking exacts higher price

The cryptocurrency industry is circling the wagons in defense as hackers siphon more money from the sector each year.

WEKU

Rep. Madison Cawthorn broke rules over a 'meme' crypto, a House panel finds

The investigation examined the one-term North Carolina Republican's promotion and purchase of LGB Coin, named for the chant "Let's Go Brandon" mocking Democratic President Joe Biden.

Bangkok Post

Thousands of illegal cryptocurrency mining units seized

Special investigators have seized about 3,500 illegal cryptocurrency-mining units operating from rented buildings in Bangkok and Nonthaburi and stealing vast amounts of electricity.

Tribune News Service

House Ethics Committee says Rep. Madison Cawthorn ‘improperly promoted’ cryptocurrency

WASHINGTON — The House Ethics Committee found that outgoing Rep. Madison Cawthorn “improperly promoted” a cryptocurrency in which he had a financial interest in violation of House conflict of interest rules, according to an 81-page report released Tuesday on the North Carolina Republican.

The Independent UK

Cawthorn broke rules over 'meme' crypto, told to pay $14K

The House Ethics Committee has told departing U.S. Rep. Madison Cawthorn of North Carolina to pay over $14,000 to charity

StockNews.com

Cathie Wood Keeps Buying These 2 Crypto Securities – Should You?

Following the FTX debacle, the crypto universe was hard hit. However, popular investor Cathie Wood keeps buying stocks from the crypto space despite the rising interest rates and recession risks. As investors access the macroeconomic risks, their risk-off approach will keep the cryptocurrency market under pressure. Therefore, it could be…

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