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The Latest Breaking News from FTX

Sam Bankman-Fried charged with fraud as first congressional hearing closes – as it happened

US Congress commences hearing on the collapse of the cryptocurrency exchange, less than 24 hours after its former chief executive was arrested

The Guardian - US

SBF indicted on numerous fraud, conspiracy charges

The charges include conspiracy to defraud the U.S., wire fraud, securities fraud, and money laundering.

Fortune

Sam Bankman-Fried charged with criminal fraud and money laundering

He was arrested Monday by Bahamas police and is expected to be extradited to the U.S.

Axios

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Tech & Science Daily podcast: Nuclear breakthrough is energy ‘holy grail’

Scientists in the US are expected to announce on Tuesday one of history’s most significant nuclear power breakthroughs: successfully achieving a net energy gain from a nuclear fusion reaction.

Evening Standard

FTX's Sam Bankman-Fried Used Customer Assets to Fund Political Donations, Says SEC

Plus: moral panic about department stores, the obvious cause of homelessness, and more...

Reason

House Financial Services presses FTX CEO on crypto's regulatory needs - Roll Call

John Ray III, who took over FTX after its collapse, tells lawmakers the cryptocurrency exchange was "uniquely positioned to fail."

Roll Call

The miserable end of SBF and what it means

The final downfall of an infamous conman is at hand. Many people are left picking up the pieces.

Fortune

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SEC says Bankman-Fried defrauded investors of $1.8 billion

FTX co-founder Sam Bankman-Fried was accused by U.S. regulators of carrying out a multi-year scheme to defraud investors.

Tribune News Service

FTX founder Sam Bankman Fried charged by SEC with defrauding investors

The former CEO was accused of having ‘built a house of cards on a foundation of deception’

Evening Standard

Sam Bankman-Fried accused of fraud by SEC ahead of criminal charges

SBF was arrested on Monday night in the Bahamas at the request of U.S. authorities.

Axios

SEC charges disgraced crypto boss Sam Bankman-Fried with defrauding FTX investors

The charges arrive less than a day after US officials announced the disgraced crypto baron had been arrested in The Bahamas

The Independent UK

FTX founder Sam Bankman-Fried charged with defrauding investors

SEC says investigation into other alleged misconduct by former CEO of cryptocurrency exchange is ongoing

The Guardian - UK

SEC charges former FTX CEO with defrauding crypto investors

The U.S. Securities and Exchange Commission has charged the former CEO of failed cryptocurrency firm FTX with orchestrating a scheme to defraud investors

The Independent UK

US unseals fraud and conspiracy charges against Bankman-Fried - Roll Call

The U.S. brings criminal and civil charges Tuesday against former FTX CEO Sam Bankman-Fired, including one related to campaign finance law.

Roll Call

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The Guardian - UK

First Thing: Lockerbie bomb suspect in US custody ‘abducted by warlord’

Mohammed Abouagela Masud accused by US of preparing the bomb that destroyed the Boeing 747, killing 270 people in 1988. Plus, the oldest university student graduates

Fortune

SBF was arrested before a pivotal congressional hearing on FTX’s monumental collapse. Here’s how to watch and what to expect

What questions will lawmakers ask with SBF in custody?

Evening Standard

Jitters spread around crypto market amid FTX founder arrest

Crypto exchange Binance has sought to reassure customers it had enough reserves

France 24

Sam Bankman-Fried, founder of failed crypto exchange FTX, arrested in Bahamas

Sam Bankman-Fried, the disgraced head of once-leading cryptocurrency trading platform FTX, is to be extradited to the US after being arrested in the Bahamas. US prosecutors have yet to unseal the indictment against 30-year-old Bankman-Fried, who became a billionaire during the cryptocurrrency boom. In this edition, we take a closer…

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Daily Mirror

Bankrupt 'crypto king' charged in Bahamas after FTX collapse sees him lose £27billion

The former CEO of failed crypto firm FTX which obliterated millions of pounds of people's money, Sam Bankman-Fried, has been arrested in the Bahamas and will soon be extradited to the US

Evening Standard

Sam Bankman-Fried: Founder of collapsed FTX crypto exchange arrested in the Bahamas

Bankman-Fried is under criminal investigation by US and Bahamian authorities following the collapse last month of FTX

The Guardian - AU

Afternoon Update: Details emerge of shocking Queensland police ambush; Violet Coco granted bail; and Ardern’s hot mic

Tributes flow from state and federal leaders after two police officers and a civilian die in shooting

Fortune

Ex-FTX CEO Sam Bankman-Fried was arrested in the Bahamas. What happens next?

The U.S. is "likely" to make a request for the former FTX CEO's extradition back to the U.S., the Bahamas said on Monday.

The Independent UK

Elon Musk mocked over tweet predicting ‘Dem donor’ Sam Bankman-Fried would never be arrested

Twitter owner mocked on his platform after failed prediction from a month ago

The Guardian - AU

Sam Bankman-Fried has been arrested. What happens next to the FTX founder?

The former CEO has been arrested in the Bahamas, a day before he was due to appear at a House committee hearing on the collapse of the cryptocurrency exchange

The Independent UK

AP News Digest 3:15 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EST. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

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