The Latest Breaking News from FTX

FTX Is Gone, but Its Memory Still Drives Federal Crypto Policy

One line in a user agreement could bring every trade on a crypto exchange under federal oversight.

Reason · Oct 7

How ‘Effective Altruism’ went from fringe philosophy to Trump's AI villain

The Trump administration has gone after effective altruism for promoting AI "doom." But critics say the campaign is a distraction from growing public concern about AI risk.

Fortune · Sep 23

"Bitcoin Will Be Higher": The Editor Who Broke FTX Says We're Still in the First Inning

Ben Schiller has been in journalism since 1997 and in crypto for a decade, which makes him one of the few people who watched the dot-com bubble inflate and pop before he ever heard the word blockchain.

International Business Times · Jul 14

Bankman-Fried loses bid to overturn crypto fraud ruling

A three-judge panel has rejected Sam Bankman-Fried's bid to overturn his 25-year prison sentence over the collapse of the FTX cryptocurrency exchange.

AAP · Jun 12

Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim

After donating to the Democrats before his conviction, the onetime crypto billionaire has recently made overtures to the GOP.

Fortune · Jun 9

Who Is Sam Bankman-Fried? Trump Targeted by Jailed FTX Founder Seeking Presidential Pardon From Federal Cell

Sam Bankman-Fried, co-founder of FTX, seeks a presidential pardon after his conviction for fraud. Despite his efforts, his appeal remains a long shot due to political and industry challenges.

International Business Times UK · Jun 8

Sam Bankman-Fried Seeks Trump Pardon For 25-Year FTX Fraud Sentence

Federal records show that FTX co-founder Sam Bankman-Fried has filed an official request for a presidential pardon from President Donald Trump.

International Business Times · Jun 8

FTX cofounder Sam Bankman-Fried applies for Trump pardon

Sam Bankman-Fried, convicted in the FTX cryptocurrency empire collapse, has formally applied for a presidential pardon. He submitted his application to the Justice Department seeking relief after his prison sentence. Bankman-Fried has been using social media and interviews to seek executive clemency from President Donald Trump. Trump previously stated he…

The Economic Times · Jun 8

Law firm Fenwick agrees to pay $54 million in settlement over FTX work

US law firm Fenwick & West will pay fifty-four million dollars to settle claims from FTX customers. The firm advised FTX before its collapse. Plaintiffs alleged Fenwick helped facilitate the fraud. The settlement requires court approval. Fenwick states it was unaware of the fraud and disputes wrongdoing. This is part…

The Economic Times · May 23

Trump Eyes 250 Pardons to Mark America's 250th Birthday — Could Ghislaine Maxwell and Sam Bankman-Fried Be Included?

Donald Trump considers granting 250 pardons for America's 250th anniversary, sparking debate over high-profile figures like Ghislaine Maxwell and Sam Bankman-Fried. The move could overshadow national celebrations.

International Business Times UK · May 13