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The Latest Breaking News from FTX

Sins of the father: Could Joe Bankman go to jail for helping his son run FTX?

“They were living high on the hog while advising a bunch of twentysomethings who had no idea what they were doing,” said a a white-collar defense specialist.

Fortune

Trump and SBF blamed their accountants – but your taxes are your responsibility

We business owners can’t just shrug and say it’s the accountant’s job – it’s our signature on those forms

The Guardian - US

FTX claims Bybit, one of world’s largest crypto exchanges, used VIP status to pull hundreds of millions of dollars during collapse

The bankruptcy estate is trying to claw back nearly $1 billion in its latest lawsuit.

Fortune

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How did Sam Bankman-Fried attract investors? Well, Fomo probably helped

The cryptocurrency fraudster talked a lot of venture capitalists into pouring millions of dollars into his business. Maybe they should be more careful next time

The Guardian - UK

Sam Bankman-Fried is guilty, and the industry he helped build wants to move on

As Sam Bankman-Fried prepares to go to prison for one of the largest financial frauds in history, the cryptocurrency industry is looking ahead to a future without its former "golden boy."

WEKU

Sixth Week Of Cryto Inflows Total Over $261M, 2023 Officially Eclipses All Of 2022

Digital asset investment products have recorded a sixth consecutive week of inflows, amassing a total of $767 million

Zenger

French FTX cryptocurrency clients welcome Bankman-Fried guilty verdict

French victims of the collapse of the FTX cryptocurrency exchange were pleased with the guilty verdict handed down to founder Sam Bankman-Fried by a jurry in New York, even as they have yet to see any of their money recovered from the collapse of the company a year ago.

Radio France Internationale

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The battle to revive FTX is down to a former NYSE president, a fintech startup, and a private investment firm

Bullish, a crypto exchange run by former NYSE president Tom Farley; Figure, a fintech startup; and Proof Group, a private investment firm are reportedly the finalists.

Fortune

Once a Sam Bankman-Fried favorite, Solana has ‘moved beyond the FTX overhang’ and gained more than 300% this year

The coin has seen more than $30 million in inflows from investors over the past two weeks.

Fortune

Sam Bankman-Fried was convicted of fraud following the collapse of the cryptocurrency exchange FTX. Here's what investors need to know

In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022, the crypto exchange FTX was valued at more than US$30 billion. By the middle of that month, FTX was in bankruptcy proceedings. And less than…

The Conversation

Crypto Payments Reshaping Global Transactions, Says Solana Foundation’s Head Of Strategy

Blockchain technology revolutionizes cross-border payments, reducing fees and intermediaries

Zenger

The SEC is struggling to hire crypto experts—partly because the agency’s employees can’t own cryptocurrency

The federal regulator has continued to double down on crypto enforcement actions, most recently suing the company SafeMoon and its executives.

Fortune

Was crypto on trial with Sam Bankman-Fried?

Binance and Coinbase are under investigation – but bitcoin was trading at highest value in a year as FTX founder convicted of fraud

The Guardian - US

Dramatic fall for Sam Bankman-Fried and ‘unkempt visionary’ persona

Jury did not believe T-shirt, cargo shorts and messy hair could prevent someone defrauding people out of billions of dollars

The Guardian - US

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The Independent UK

When will Sam Bankman-Fried be sentenced?

Crypto billionaire Sam Bankman-Fried faces a maximum sentence of 110 years in prison

The Independent UK

How Sam Bankman-Fried’s ex-girlfriend helped topple the crypto king

Sam Bankman-Fried is staring down 25 years behind bars after he was convicted on all charges at his fraud trial. His former girlfriend – and accomplice – Caroline Ellison played a key role in bringing him down. Martha McHardy reports

Fortune

The sorry end of Sam Bankman-Fried—and what comes next

Thursday's verdict marks the sorry end of Sam Bankman-Fried and the beginning of a new era in crypto.

PC Gamer

'The king of crypto' found guilty of fraud, now faces decades in prison

Former billionaire Sam Bankman-Fried will be sentenced next year.

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news in one place.

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Fortune

Sam Bankman-Fried’s guilty verdict should be a lesson for us all

SBF’s enormous fraud was made possible with venture capital dollars.

WEKU

Up First briefing: Voices from the West Bank; Sam Bankman-Fried convicted

Palestinians in the West Bank give their perspective on Israel's war with Hamas in Gaza. Disgraced FTX founder Sam Bankman-Fried is convicted of fraud.

Al Jazeera

What to know about the Sam Bankman-Fried trial verdict

The FTX founder has been found guilty on seven charges, and he may face decades in prison.

The Guardian - UK

First Thing: Blinken arrives in Tel Aviv to meet Netanyahu

The US secretary of state is expected to call for localized pauses in fighting to allow aid into Gaza. Plus: Nicolas Cage and the power of dreams

France 24

Disgraced 'crypto king' Sam Bankman-Fried found guilty of fraud

Sam Bankman-Fried has been found guilty over his role in the collapse of FTX, the cryptocurrency exchange he founded. He's been convicted of seven counts of fraud and conspiracy and will be sentenced in March 2024. Also, Apple is suffering its most prolonged sales slump in more than a decade.…

Fortune

FTX is bankrupt and SBF was on trial, so why are people still buying FTT tokens?

Experts say the coin likely has no long-term value, but it could prove lucrative for professional traders who can quickly flip it.

The Independent UK

From crypto king to convicted fraudster: Sam Bankman-Fried’s spectacular fall from grace

The once-hailed ‘boy wonder’ of the crypto industry rose to prominence after founding trading firm Alameda Research in 2017 at the age of 25. So what went wrong? Bevan Hurley looks back at Bankman-Fried’s remarkable rise – and even more dramatic fall as he begins his 25-year prison sentence

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