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The Latest Breaking News from FTX

Embattled FTX founder Sam Bankman-Fried bucks legal norms and keeps talking in fraud case

Sam Bankman-Fried, the founder and former CEO of FTX, has been unusually talkative following the November collapse of the cryptocurrency exchange and his subsequent indictment on fraud and other charges

The Independent UK

Jesús ‘Chuy’ García's congressional campaign says it will return Bankman-Fried money to investors

CHICAGO — Chicago mayoral candidate Jesús “Chuy” García’s congressional campaign says it will cut a check for $2,900 to repay clients of a collapsed cryptocurrency exchange the same amount of money the disgraced former head of the business contributed to García’s reelection war chest.

Chicago Tribune

‘I’ve read all the spy novels’: Judge and Sam Bankman-Fried's lawyers spar over his use of messaging apps

The latest hearing in the disgraced FTX founder’s criminal trial focused on his communication with potential witnesses.

Fortune

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Investors still trust anonymous crypto founders with millions—even after the FTX meltdown

Crypto investors have put millions into ventures run by 'anons.' Sam Bankman-Fried and the FTX collapse have only strengthened their faith.

Fortune

Robinhood to buy back Sam Bankman-Fried's stake in brokerage

The decision follows a months-long fight over who owns the 7.6% stake in Robinhood after FTX declared bankruptcy.

Fortune

FTX founder keeps talking, ignoring typical legal strategy

The Independent UK

‘Sam? Are you there?!’ The bizarre and brutal final hours of FTX

How Sam Bankman-Fried and his band of millennial millionaires lost a $40bn crypto empire

Financial Times

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Binance executive says balance sheet audit is ways off

After the fall of FTX, cryptocurrency exchanges have been pressured to show that their customers’ assets are secure.

Fortune

FTX founder heads to court after judge rejects bail request

FTX founder Sam Bankman-Fried will be in a New York courtroom Thursday for a bail-related hearing despite his lawyers claims that they've settled their differences with prosecutors

The Independent UK

NYC judge refuses to sign off on new bail terms reached between Sam Bankman-Fried and the feds

NEW YORK — A Manhattan judge rejected a request Tuesday from embattled crypto entrepreneur Sam Bankman-Fried to modify the conditions of his $250 million bail.

Tribune News Service

Anthony Scaramucci says his experience with FTX and its ‘sociopathic’ founder Sam Bankman-Fried was ‘extremely disappointing.’ So why is he investing in a company run by a former executive of the imploded exchange?

Scaramucci accused the FTX founder Sam Bankman-Fried of intentionally duping many people, but said he had faith in former FTX exec Brett Harrison.

Fortune

Crypto ads will vanish from the Super Bowl as the fall of FTX weighs on the industry’s reputation

Last year’s Super Bowl featured commercials from four crypto companies.

Fortune

Blockchain analyst firm Elementus is now worth $160M

The funding announcement reflects continuing investor interest in blockchain infrastructure and data analytics companies, even amid a Crypto Winter.

Fortune

In-game ads for Super Bowl LVII sold out

Some ads went for more than $7 million (€6.5 million) for a 30-second spot

Irish Mirror

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Chicago Sun-Times

Fox sells out Super Bowl ads this year

Anheuser-Busch remains the biggest advertiser with three minutes of national airtime. And after making a splash last year, cryptocurrency companies won’t have a presence Sunday.

Fortune

FTX’s in-house coach helped employees with stress, depression, and…dating

The medically trained psychiatrist George Lerner coached FTX and Alameda employees on issues including their dating lives.

The Independent UK

Fox sells out Super Bowl ads: crypto out, alcohol in

The hottest ticket in town for advertisers is officially sold out

Tribune News Service

Move over crypto, booze ads are flooding the Super Bowl

Move over crypto. Booze is back.

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The Guardian - US

Bankrupt FTX exchange asks for its political donations to be returned

Cryptocurrency exchange and its debtors seek refund of money donated by company’s founder Sam Bankman-Fried

Fortune

FTX and Sam Bankman-Fried spent $93 million on political donations. Now the company wants them back

The debtor estate of the bankrupt exchange is seeking to claw back campaign contributions.

Chicago Tribune

Paul Sullivan: The hyping of Super Bowl commercials upstages the hyping of the game itself

The rush for the title of best Super Bowl commercial already has begun, and early signs point to a banner year for banality, middle-aged TV celebrities and, of course, animals doing wacky things.

Axios

FTX asks for its political donations back

FTX's debtors are confidentially contacting "political figures, political action funds and other recipients."

Fortune

Cathie Wood is still a Bitcoin evangelist but she’s getting candid about what she got wrong: ‘We tempered a few assumptions’

The ARK Invest CEO admitted she thought more companies and governments would be holding Bitcoin by now.

Fortune

DOJ questions Silvergate for dealings with FTX, Alameda

The fraud probe follows the crypto-focused bank’s announcement two weeks ago of a net loss of $1 billion in the fourth quarter of 2022.

Fortune

There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again

Bitcoin's sudden stability is “very suspicious” says John Griffin, finance professor at the University of Texas McCombs School of Business. “The same mechanism we saw in 2017 could be at play now in the still unreal Bitcoin market.”

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