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The Latest Breaking News from FTX

Sam Bankman-Fried released to parents’ home on $250 million bail while awaiting crypto fraud trial

The 30-year-old is accused of stealing billions in customer funds from cryptocurrency exchange FTX

Evening Standard

ASX in the red as Wall Street tumbles in Christmas sell-off, Tesla shares tank — as it happened

The ASX was dragged down by a fall on Wall Street as US stocks resumed their December sell-off, while Tesla shares lost nearly 9 per cent after it offered discounts of $US7,500 on US sales.

ABC News

Bankman-Fried released on $250 million bond in FTX fraud case

NEW YORK — Sam Bankman-Fried was released on a $250 million bail package after making his first U.S. court appearance to face fraud charges over the collapse of FTX, the cryptocurrency exchange he co-founded.

Tribune News Service

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Sam Bankman-Fried released on $250 million bond

He has been accused in a U.S. criminal complaint of engaging in a fraud scheme for FTX customers.

Axios

FTX founder Sam Bankman-Fried to be released on $250m bail after first US court appearance

Former head of failed crypto exchange was extradited to US after arrest in Bahamas

The Independent UK

What is the post-FTX future of cryptocurrency?

Cryptocurrencies, experts say, have mainly been speculative, which only worked as long as real dollars were there.

Al Jazeera

FTX founder Sam Bankman-Fried is about to make his first US court appearance as he faces decades in prison

Bankman-Fried's closest business associates had also been charged and had secretly pleaded guilty.

Fortune

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Sports unraveled, collided with politics, racism in 2022

Hardly a day passed in 2022 when a headline that ran across the ticker on ESPN wouldn't have been out of place on CNN or Fox Business

The Independent UK

GOP Lawmaker Blocks IVF Protection Bill

Plus: Diminishing differences in regional attitudes, IRS begins monitoring small transactions, and more…

Reason

FTX founder Bankman-Fried to make 1st US court appearance

The cryptocurrency entrepreneur Sam Bankman-Fried is expected to make his initial U.S. court appearance Thursday on charges that he swindled investors and looted customer deposits on his FTX trading platform

The Independent UK

FTX founder Bankman-Fried to appear in court after extradition to US

FTX founder Sam Bankman-Fried is expected to appear before a U.S. court on Thursday after being extradited from The Bahamas, where he had remained since the collapse of his now-bankrupt cryptocurrency exchange.

France 24

Two associates of FTX founder Sam Bankman-Fried reach plea deals over crypto scandal

Pair faced hefty prison sentences for role in collapse of cryptocurrency exchange

The Independent UK

Coinbase CEO Brian Armstrong talks FTX, crypto regulation and DeFi

The crypto industry suffered a big black eye, but it isn't going anywhere, Armstrong says.

Axios

FTX founder Sam Bankman-Fried touches down in New York to face fraud charges

Two of Sam Bankman-Fried’s top associates have pleaded guilty to criminal charges related to the operation of FTX

Evening Standard

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Al Jazeera

FTX founder Bankman-Fried’s colleagues plead guilty to fraud

Gary Wang and Caroline Ellison have agreed to cooperate with the authorities, according to US prosecutors.

WEKU

Sam Bankman-Fried to be released on $250 million bail into parents' custody

The founder of cryptocurrency exchange FTX appeared in court after being extradited from the Bahamas. He's charged with alleged fraud, conspiracy, money laundering and illegal campaign contributions.

Axios

Two major FTX figures plead guilty to federal charges

Two close confidants of Sam Bankman-Fried are cooperating with federal prosecutors.

Fortune

Sam Bankman-Fried lieutenant Caroline Ellison charged with fraud over FTX crypto price manipulation

Ellison, who is reportedly cooperating with the Justice Department against Sam Bankman-Fried, is accused of manipulating the price of FTX's FTT token.

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news in one place.

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Fortune

Sam Bankman-Fried, former CEO of FTX, to land in the U.S. tonight

The easiest way to convict Sam Bankman-Fried for the FTX fraud is to gain the cooperation of Caroline Ellison, the former CEO of Alameda and Bankman-Fried's former girlfriend.

Tribune News Service

Sam Bankman-Fried arrives at Bahamas airport for extradition to US

Sam Bankman-Fried arrived at a private Bahamas airport on Wednesday evening to be flown to the US to face a litany of criminal charges after a tumultuous day in the island nation.

The Conversation

Fuelled by hope and fear, cryptocurrency markets are primed for contagion

Financial contagions can be triggered easily, if conditions are right. First one financial institution falls and then others follow, like a chain of falling dominoes.

Tribune News Service

Sam Bankman-Fried is set to leave Bahamas to face charges in US

Sam Bankman-Fried’s extradition was approved by Bahamas judge on Wednesday, clearing one of the final hurdles for him to be sent to the U.S. to face a litany of criminal charges.

Axios

FTX founder Sam Bankman-Fried reportedly agrees in court to be extradited to U.S.

He faces eight counts of fraud, conspiracy, campaign finance law violations and money laundering in the U.S.

The Independent UK

Wyoming bullishly courts crypto, even after collapse of FTX

For decades, Wyoming has sought to escape the boom-and-bust cycles of its fossil-fuel-driven economy

Fortune

Sen. Boozman wants the SEC and CFTC to sign off on crypto legislation

A leading lawmaker discusses how he plans to advance oversight of crypto.

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