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The Latest Breaking News from FTX

FTX sues Sam Bankman-Fried and other former execs to recoup over $1 billion

The saga surrounding the collapse of crypto company FTX took another twist today after the bankrupt business unveiled a fresh lawsuit against its former boss Sam Bankman-Fried in a bid to recoup hundreds of millions of dollars.

Evening Standard

Lessons from the rise and fall of Sam Bankman-Fried and FTX

Former cryptocurrency king Sam Bankman-Fried has grown quieter as he approaches his federal fraud and conspiracy trial this fall.

The Philadelphia Inquirer

'Extremely vulnerable to abuse': Token grants back in the spotlight after former Celsius CEO allegedly pocketed $42 million

Alex Mashinsky was arrested Thursday and hit with seven charges, including wire fraud.

Fortune

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FTX spent $376 million to get a $2 million license in Europe. Now its caretaker CEO wants most of that money back

The lawsuit alleges Sam Bankman-Fried misspent hundreds of millions on a company run by his acquaintances.

Fortune

Naomi Osaka Is Challenging Convention and Charting a New Course

While her tennis is on pause, the 25-year-old has proven that she can still be competitive and stay connected to sport through her various off-court pursuits.

Sports Illustrated

Tucker Carlson Tells Andrew Tate It Would Be Easier To Create A Fake Crypto Like FTX

Carlson engaged in a Twitter show with controversial internet personality Andrew Tate took a dig at Sam Bankman-Fried.

Zenger

More scrutiny of Australian financial services licences needed, says parliamentary committee after collapse of FTX

Asic did not assess cryptocurrency trading company’s fitness to hold a licence as it was obtained via transfer

The Guardian - AU

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Tom Brady’s Association With Collapsed FTX Exchange Left Him With Huge Losses

Former NFL star Tom Brady reportedly lost millions of dollars from his association with other celebrities.

Zenger

Sam Bankman-Fried reportedly backed out of Taylor Swift-FTX partnership, not other way around

Taylor Swift wasn’t the one who backed out of a partnership with cryptocurrency exchange FTX, before the company went bankrupt, despite claims to the contrary.

Tribune News Service

Report: How Much Money Tom Brady Lost With Collapse of FTX Last Year

The former quarterback was one of many celebrities caught up in the cryptocurrency craze.

Sports Illustrated

Never ever getting back together: Taylor Swift actually was dumped by FTX after signing $100 million-plus deal, new report says

Taylor Swift may not have been the securities law expert she was thought to be.

Fortune

The 'crypto canary in the coalmine' that regulators totally missed.

Cred came before FTX, Celsius, and the current gallery of crypto rogues. It offered valuable lessons—if only someone had paid attention to them.

Fortune

Cathie Wood says BlackRock doesn’t have an edge when it comes to SEC approval for a spot Bitcoin ETF

Institutional interest in crypto was "thrown off" last year when FTX collapsed, "but I think we've seen the worst," says the CEO and founder of ARK Invest.

Fortune

Crypto lender Cred collapsed in 2020 after pulling in $135 million from customers. Its shady dealings foreshadowed FTX’s downfall—but regulators didn’t notice

Cred and its successor Earnity have been accused of using many sloppy tactics from the Sam Bankman-Fried playbook.

Fortune

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Fortune

Why Binance's Yi He is no Caroline Ellison

Yi He, an important behind-the-scenes influence at Binance and the mother of the founder's children, takes a rare step into the limelight.

Fortune

FTT jumps as much as 33% on news of potential FTX 'reboot'

The cryptocurrency has hovered at about $1 since FTX declared bankruptcy.

Zenger

FTX Halts Sale Of AI Startup Anthropic Despite Whopping 9-Figure Price Tag: Report

FTX (CRYPTO: FTT) has suddenly put a stop to the sale of a coveted asset, which was previously believed to be on the auction block after the crypto exchange declared bankruptcy in November

Fortune

‘Invest in them or some stuff, idk’: FTX estate sues investment firm headed by ‘super-networker’ ex-Clinton aide for $700 million

The founders of K5 Global were “something of a one-stop shop for relationships that we should utilize,” wrote FTX founder Sam Bankman-Fried.

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Fortune

U.S. crypto banking is under frontal assault. Here’s what it will take for the regulatory freeze to thaw, according to a former Fed examiner

Even prior the recent crypto scandals, bank failures, and tighter regulatory scrutiny, regulators were cooling to crypto banking.

Reason

Bitcoin's Greatest Test

The FTX meltdown, "Operation Chokepoint 2.0," and a "crypto winter" have only strengthened the resolve of the enthusiasts Reason spoke with at the annual National Bitcoin Conference in Miami.

Tribune News Service

FTX founder Sam Bankman-Fried facing two trials in NYC as judge agrees to split case

NEW YORK — Fallen FTX founder Sam Bankman-Fried had his mammoth Manhattan fraud case split in two Thursday, with a judge agreeing to let prosecutors try him in separate trials.

The Independent UK

With Sam Bankman-Fried looking on, judge seems skeptical of request to reject criminal fraud charges

FTX founder Sam Bankman-Fried's lawyers encountered a skeptical federal judge when they argued that he should toss out criminal fraud charges their client faces after the collapse of his cryptocurrency business

Fortune

Sam Bankman-Fried scores a victory as prosecutors agree to withdraw 5 charges, including bribery, until next year

Lawyers for the disgraced FTX founder have argued that charges following his extradition from the Bahamas should be dropped.

Tribune News Service

Sam Bankman-Fried to get Bahamian court review of latest US charges

NEW YORK — Sam Bankman-Fried won a Bahamian court order temporarily blocking that nation’s government from consenting to charges that were added to his U.S. indictment after the FTX co-founder’s December extradition to New York.

Fortune

Solana survived Sam Bankman-Fried. Can it survive Gary Gensler?

The risk for the blockchain is “potentially existential,” says one legal expert, but developers remain unfazed.

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