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The Latest Breaking News from Sam Bankman-Fried

Abolish the Securities and Exchange Commission

Despite its enormous budget and vast regulatory powers, the agency has failed to detect major frauds while wasting time and money on relatively useless disclosures.

Reason

What does a human life cost – and is it ethical to price it? Jenny Kleeman asked a hitman, philanthropists and a life insurer

What is your life worth, in dollar terms? The answers may surprise you. The asking price for murder, for example, is disconcertingly low. The average price of hiring a hitman is A$30,000, estimates British journalist Jenny Kleeman in her intriguing and thought-provoking book, The Price of Life. But the cost…

The Conversation

FTX co-founder avoids prison time

Wang, co-founder of FTX, was the first person to cooperate after the firm collapsed in 2022.

Salon

From analysis to the latest developments in health,
read the most diverse news in one place.

FTX Co-Founder Sentenced With No Prison Time For Cooperation

FTX co-founder Gary Wang avoids prison time for aiding in cryptocurrency fraud case against Sam Bankman-Fried.

Top News

FTX co-founder gets no prison time after cooperating in case against Sam Bankman-Fried

An apologetic FTX co-founder has been sentenced to no time in prison after a prosecutor and a judge praised his cooperation against Sam Bankman-Fried and his efforts to recover money for victims of the cryptocurrency fraud

The Independent UK

Bankrupt and disgraced FTX sues Binance for $1.8 billion in bare-knuckle crypto feud

Imprisoned crypto king Sam Bankman-Fried is now accused of yet even more wrongdoing, this time by the defunct exchange he founded.

The Independent UK

US Seeks Recovery Of Millions In Crypto Linked To SBF's Alleged Chinese Officials Bribe

The U.S. has filed a legal complaint to recoup over $17 million in various cryptocurrencies linked to Sam Bankman-Fried's alleged bribery of Chinese officials in 2021.

International Business Times

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Lena Dunham to write Sam Bankman-Fried movie for Apple

The Girls creator is set to adapt Michael Lewis’s bestselling 2023 book on the controversial FTX founder

The Guardian - US

FTX sues Binance and former CEO Zhao for $1.8 billion received as part of a “fraudulent” share deal

The lawsuit alleges that Bankman-Fried bought out Binance while knowing his firms were insolvent.

Fortune

Bitcoin breaks $83,000 for first time on Trump trades; UK government sells £1bn of NatWest shares – as it happened

Cryptocurrency more than doubles since January on hopes of lighter regulation; latest share sale takes UK Treasury’s holding in NatWest to 11.4%

The Guardian - UK

Caroline Ellison begins 2-year sentence for her role in Bankman-Fried's FTX fraud

A former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire has begun her two-year prison sentence

The Independent UK

US Government-Linked Wallet Converts Seized Alameda $ANT To $ETH Ahead Of AragonDAO Deadline

The digital wallet that held cryptocurrencies seized from collapsed Alameda Research has converted its $ANT tokens into $ETH, two days shy of the deadline set by AragonDAO for token redemption.

International Business Times

Ex-FTX executive spared prison sentence after cooperating against Sam Bankman-Fried

An ex-FTX executive who testified against the cryptocurrency firm's founder at his trial last year has been spared a prison sentence

The Independent UK

Former FTX Executive Spared Prison Sentence For Cooperation

Former FTX executive Nishad Singh spared prison sentence for cooperating in fraud case. His testimony helped uncover crimes and led to charges against others.

Top News

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The Independent UK

What is cryptocurrency, how does it work – and what’s the point?

The PA news agency explains the basics behind one of the buzziest – but worst understood – areas of the financial world.

The Guardian - UK

Jane Street Capital: the trader paying its interns more than Keir Starmer

Secretive firm that has grown to rival Goldman Sachs is revealed to reward lowliest recruits with $250,000 salary

International Business Times UK

Who Is Ryan Salame? US Tech CEO Announces New Position On LinkedIn: Prison Inmate

Former FTX Digital Markets CEO Ryan Salame, known for his role in the collapse of the cryptocurrency exchange, has ironically announced his new position as a prison inmate on LinkedIn after being sentenced to seven and a half years for illegal political contributions and financial misconduct.

Latin Times

Convicted Crypto Executive Brags on LinkedIn About New Position as Prison Inmate

Ryan Salame, former co-CEO of FTX Digital Markets, has announced his new role as an inmate on LinkedIn ahead of a 7.5-year prison sentence.

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news in one place.

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Fortune

Former FTX lieutenant Ryan Salame updated his LinkedIn for his new role—federal inmate

Unlike Sam Bankman-Fried’s other deputies, Salame did not cooperate with prosecutors.

Fortune

Convicted FTX exec announces his ‘new role’ at Maryland prison on LinkedIn

Ryan Salame announced he was moving on from the fraudulent crypto exchange to his next challenge at a Maryland federal penitentiary.

The Street

98% of FTX creditors will get more money than anticipated

A bankruptcy judge has approved FTX’s reorganization plan, which will give creditors 119% of the amount allowed on their claim.

International Business Times

Judge OKs FTX Estate's Bankruptcy Plan – What's Next?

FTX is now clear to begin implementing its bankruptcy plan, which includes the expected full repayment of customers and creditors with up to $16.5 billion in recovered assets.

Fortune

Sean 'Diddy' Combs hires his jail mate Sam Bankman-Fried’s lawyer

Alexandra Shapiro is reportedly representing both Sam Bankman-Fried and Sean "Diddy" Combs.

The Guardian - UK

Digested week: sausage surrealism and a bowlful of Doom Loops

Plus, a Brooklyn prison odd-couple comedy, an accent challenge for two Australians, and alpaca cuts hit the US

International Business Times

Bull Run Next? Crypto Community Prepares To Welcome Binance's CZ From Prison

The crypto community is preparing to receive Binance co-founder Changpeng Zhao back to the digital assets space as he is set to be released from prison on Sunday.

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