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The Latest Breaking News from FTX

FTX attorneys accuse Sam Bankman-Fried's parents of unjustly enriching themselves with company funds

Lawyers for collapsed cryptocurrency exchange FTX Trading are accusing Sam Bankman-Fried's parents of exploiting their influence over their son and the company he founded to enrich themselves by millions of dollars

The Independent UK

Sam Bankman-Fried’s father wanted to keep $5.5 million donated to Stanford from FTX under the radar: ‘Seems too close to home’

The allegations are part of a broader lawsuit from the FTX estate against Sam Bankman-Fried’s parents, Joseph Bankman and Barbara Fried.

Fortune

FTX sues Sam Bankman-Fried’s parents, claiming they received millions in gifts

Lawsuit is the company’s first legal pursuit against Bankman-Fried’s parents for their role in the company

The Guardian - US

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City watchdog ex-chair says he faced ‘political pressure’ to let in crypto firms

Charles Randell says some of the exchanges the FCA was pressed to allow to trade in the UK are now being investigated in the US

The Guardian - UK

Bankman-Fried's lawyers wants to tell the jury about his ADHD—but prosecutors are suspicious

Prosecutors warn that the FTX founder has a history of using "behavioral eccentricity to his advantage."

Fortune

FTX sues Sam Bankman-Fried's parents for 'siphoning' millions of dollars for their own personal benefit

The lawsuit alleges that Bankman and Fried received $1,200 hotel rooms, Bahamas property, and a cameo in a Super Bowl commercial.

Fortune

Sam Bankman Fried believes he is one of the 'most hated people in the world' as documents reveal his justification for FTX crash

FTX founder Sam Bankman-Fried sent a 15,000-word document to crypto social media influencer Tiffany Fong.

Fortune

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Sam Bankman-Fried's special treatment at a notorious Brooklyn jail: Lawyers say it's complicated

The trial of the decade is highlighting the injustices of the penal system.

Fortune

Trevor Lawrence settles FTX crypto endorsement lawsuit

Trevor Lawrence reportedly settled the lawsuit he was facing for his endorsement of FTX, a collapsed cryptocurrency exchange.

USA Today Sports Media Group

How Sam Bankman-Fried's parents enabled his criminal empire

A new exposé reveals how Barbara Fried and Joseph Bankman had a direct role in the massive fraud that was FTX.

Fortune

Bitcoin hits 2-week high as crypto-linked stocks including Coinbase and Microstrategy rally

The cryptocurrency fell below the $25,000 level earlier this week.

Fortune

FTX Gets Green Light To Liquidate $3.4B In Crypto To Pay Off Creditors

The U.S. Bankruptcy Court for the District of Delaware has granted a favor to the collapsed crypto exchange FTX

Zenger

Bitcoin, Ethereum, Dogecoin Trade Mixed After August CPI Inflation Comes In Hotter Than Anticipated

Major cryptocurrencies experienced a mixed performance on Wednesday following the U.S. government’s CPI report for August

Zenger

Bitcoin, Ethereum, Dogecoin Spike After Franklin Templeton Files For BTC Spot ETF

Major cryptocurrencies experienced a significant surge on Tuesday evening

Zenger

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Al Jazeera

FTX’s Sam Bankman-Fried loses bid for release ahead of trial

US judge rules that any difficulties FTX founder has in reviewing evidence against him are ‘of his own making’.

Fortune

Sam Bankman-Fried denied pre-trial release by SDNY judge: ‘The premise is incorrect’

The FTX founder's trial is set for Oct. 3.

Fortune

Sam Bankman-Fried's lawyers want to screen potential jurors for bias against crypto and effective altruism

The trial for the FTX founder is set to begin Oct. 3.

Fortune

Bitcoin bounces back after dipping below $25,000 on concern over FTX dumping crypto assets

The FTX bankruptcy estate soon could offload some $3.4 billion in crypto holdings.

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Zenger

Bitcoin, Ethereum, Dogecoin Drop As Beleaguered FTX Looks To Offload Billions In Tokens: Analyst Foresees Extreme Ethereum Crash, Predicts ETH Dropping More Than 70%

Major cryptocurrencies saw a sharp decline on Sunday as traders grew concerned about the potential selling pressure arising from the bankruptcy of exchange FTX

Fortune

FTX estate continues to explore ‘FTX 2.0,’ reaching out to more than 75 bidders in reboot talks

John J. Ray III, current CEO of FTX, said in January that relaunching the exchange was a possibility.

Fortune

Sam Bankman-Fried insists on pre-trial release from detention center, citing internet access problems

The FTX founder's trial is set to begin on October 3.

The Independent UK

Former FTX crypto executive pleads guilty to making millions in illegal campaign contributions

A former top executive at the failed FTX cryptocurrency exchange pleaded guilty Thursday to making tens of millions of dollars in illegal campaign contributions to U.S. politicians and engaging in a criminal conspiracy to operate an unlicensed money transfer business

The Independent UK

Former FTX crypto executive pleads guilty to making millions in illegal campaign contributions

Fortune

Former FTX executive Ryan Salame, who bought a private jet while working for the crypto exchange, to plead guilty

His plea follows similar deals for two other FTX executives, Gary Wang and Caroline Ellison.

Fortune

Exasperated judge wants any postponement request from Sam Bankman-Fried’s legal team by the end of this week

Judge Lewis Kaplan said there's no evidence to suggest prosecutors aren't acting in "good faith."

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