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The Latest Breaking News from FTX

70% of dealmakers say that investment managers share culpability for FTX

Investors have historically been made out to be victims in court when a startup implodes. But investors think VC firms share some responsibility.

Former FTX head of engineering Nishad Singh pleads guilty in billion-dollar fraud case

NEW YORK — The former head of engineering at Sam Bankman-Fried’s bankrupt cryptocurrency trading firm FTX owned up to fraud charges on Tuesday, federal prosecutors said.

Tribune News Service

Pa. warrant reveals what police seized from Kohberger family home

Tribune News Service

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Nishad Singh, former FTX head of engineering, pleads guilty in billion-dollar fraud case

The former head of engineering at Sam Bankman-Fried’s bankrupt cryptocurrency firm owned up to fraud charges on Tuesday, federal prosecutors said.

Tribune News Service

Another top lieutenant turns on FTX founder Sam Bankman-Fried as Nishad Singh pleads guilty

Singh was an early employee at Alameda and a prodigious Democratic donor.

Robinhood received SEC subpoena shortly after FTX collapsed

The subpoena is another potential threat to Robinhood's struggling crypto business.

Disgraced FTX founder Sam Bankman-Fried has another big problem: He won't shut up

Most white-collar defendants lay low, but the ex-CEO of the collapsed cryptocurrency exchange FTX has been talking, tweeting, and sending email newsletters. Those comments could come back to hurt him.

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Bankman-Fried fraud indictment cites 2 unnamed co-conspirators

Fresh charges against FTX co-founder Sam Bankman-Fried include references to a pair of co-conspirators the U.S. says were involved in illegally seeking to influence the regulation of digital assets.

Tribune News Service

Sam Bankman-Fried and FTX straw donors made tens of millions of dollars in illegal political contributions, DOJ alleges

Sam Bankman-Fried and FTX straw donors made tens of millions of dollars in illegal political contributions, DOJ alleges

New counts were unsealed against the disgraced FTX founder on Thursday.

Phoenix Community Capital case shines light on UK’s lobbying problem

Phoenix Community Capital case shines light on UK’s lobbying problem

Interest groups have poured about £250,000 into all-party parliamentary groups in past five years

The Guardian - UK

Bankman-Fried used customer funds for campaign largesse, charges say

Bankman-Fried used customer funds for campaign largesse, charges say

Customer money bankrolled millions in political donations made by former FTX CEO Sam Bankman-Fried, federal prosecutors say.

FTX leaders’ political donations topped $1M weeks before bankruptcy

WASHINGTON — FTX executives, including former CEO Sam Bankman-Fried, spent at least $1 million on contributions across the political spectrum in the weeks before the company’s bankruptcy, including a large donation to Senate Republican leadership.

Tribune News Service

FTX founder faces new charges in rewritten indictment

FTX founder faces new charges in rewritten indictment

FTX founder Sam Bankman-Fried faces additional fraud charges in a rewritten indictment that was unsealed in New York federal court

The Independent UK

FTX leaders' political donations topped $1M weeks before bankruptcy - Roll Call

FTX leaders' political donations topped $1M weeks before bankruptcy - Roll Call

Former FTX CEO Sam Bankman-Fried and others gave $1 million in contributions across the political spectrum before the company’s bankruptcy.

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The enduring mystery of Moonstone Bank

Could Federal Reserve oversight have prevented the FTX catastrophe?

Coinbase beats revenue estimates but still posts $2.6 billion loss for 2022 amid Crypto Winter

Revenue from stablecoin USDC continues to be a bright spot for the exchange.

Galois Capital—which shorted crypto fraud Terra—can’t avoid contagion of FTX

Galois has agreed to sell its claim against FTX.

Los Angeles Times

Michael Hiltzik: The government crackdown on crypto is well underway. Get out while you can

The sun may be setting on the cryptocurrency craze. If you're an investor or even just a curiosity-seeker on the fringes of this financial segment, you might want to prepare for its demise.

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One chart shows where venture valuations have seen record growth

Median valuations at seed stage startups grew by nearly 17% in 2022 despite the rough market.

Tribune News Service

Judge in Sam Bankman-Fried case threatens jail over use of apps, VPNs

The federal judge overseeing Sam Bankman-Fried’s fraud trial threatened to revoke the FTX co-founder’s $250 million bail package if severe restrictions weren’t placed on his use of electronic devices and apps.

The Independent UK

Judge suggests jail to limit FTX founder's communications

A federal judge is showing growing impatience with FTX founder Sam Bankman-Fried's use of the internet, suggesting that incarceration might eventually be the most effective way to prevent him from violating his bail conditions

Los Angeles Times

FTX founder Sam Bankman-Fried accused of 'hiding online activities'

Saying that he “appears motivated to circumvent monitoring” and may be “hiding online activities from the government,” prosecutors are seeking to renegotiate Sam Bankman-Fried’s bail agreement and impose tighter restrictions on the FTX founder.

Bear market barely dents crypto lobby

Spending remains near all-time highs.

Warren Buffett’s long-time partner Charlie Munger says he’s ‘not proud of my country’ for allowing crypto to thrive, calling it ‘very dangerous’

Munger has previously criticized cryptocurrencies, which have plunged in value over the past year.

The Independent UK

FTX founder's bail signatories include 2 family friends

Two Stanford University academics signed on to FTX founder Sam Bankman-Fried's $250 million bail package, enabling him to live with his parents while awaiting trial on fraud charges

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