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The Latest Breaking News from FTX

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

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.

Chicago Sun-Times

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.

Fortune

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

The hottest ticket in town for advertisers is officially sold out

The Independent UK

Move over crypto, booze ads are flooding the Super Bowl

Move over crypto. Booze is back.

Tribune News Service

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

The Guardian - US

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.

Fortune

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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.

Chicago Tribune

FTX asks for its political donations back

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

Axios

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.”

Fortune

Scammed: why the rich, famous and experts get duped more often than you think

The typical reaction to learning about how people have lost money to a con artist is “how could anyone be so gullible?” But it’s the wrong question. Fraudsters fool even the most clever and admired experts by playing on their psychological vulnerabilities.

The Conversation

Cathie Wood’s ARK Invest says Bitcoin could exceed $1 million in just 7 years

In the midst of a brutal Crypto Winter, one of Bitcoin’s biggest bulls is as optimistic as ever.

Fortune

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Fortune

Fortune and Mark Wahlberg's Unrealistic Ideas to produce SBF-CZ crypto documentary

The story of crypto's most fateful rivalry is coming to the screen with exclusive access to the CEO of FTX's biggest competitor.

Fortune

Judge rules that Sam Bankman-Fried must stop contacting former employees of FTX, Alameda Research

The decision is pending a hearing on Feb. 7.

Fortune

Sam Bankman-Fried's family has been dragged into FTX's bankruptcy proceedings

In a court filing last week, lawyers for FTX’s new management team asked the judge overseeing the bankruptcy to issue subpoenas to SBF’s family.

Reason

Court Orders Unsealing Names of Non-Parent Sureties Who Put Up Bail for Samuel Bankman-Fried

From yesterday's opinion in U.S. v. Bankman-Fried, decided by Judge Lewis Kaplan (S.D.N.Y.): At defendant's presentment on December 22, 2022, the government and defense jointly proposed a set of bail conditions. Those conditions required, inter alia, that defendant sign a $250 million personal recognizance bond to be co-signed by defendant's…

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The New Daily

A sunny place for shady people: Were FTX billions on an Australian odyssey?

Could the trail to more than $10 billion missing from Sam Bankman-Fried’s collapse FTX crypto exchange lead through Australia?

Evening Standard

Battle of the bankrupts as FTX sues Voyager for $446 million

FTX initially had planned to acquire Voyager after it filed for bankruptcy, but those plans fell through when the firm then entered administration itself

Reuters

People who posted Sam Bankman-Fried's bail should be named, U.S. judge rules

A U.S. judge on Monday said the names of two people who helped guarantee bail for indicted FTX cryptocurrency exchange founder Sam Bankman-Fried should be made public, but put his ruling on hold pending an expected appeal.

Los Angeles Times

Sam Bankman-Fried’s parents used their house to bail him out. But they rent the land from Stanford

Shortly before Christmas, FTX founder Samuel Bankman-Fried, indicted on federal charges of fraud and money laundering, was released on a $250 million bail bond that was secured by his parents’ Palo Alto-area home.

The Guardian - AU

Australian regulator had FTX under surveillance at time of collapse, documents reveal

Exclusive: Asic had concerns about crypto platform six months before spectacular failure

The Independent UK

FTX's Sam Bankman-Fried, DOJ tussle over his communications

Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering in a criminal case accusing him of bilking investors and customers

Fortune

FTX’s Sam Bankman-Fried must stop contacting former employees, prosecutors say

New bail conditions would restrict the FTX founder’s use of messaging platforms.

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