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The Latest Breaking News from Sam Bankman-Fried

The biggest startup flameouts of the last decade

Vice now joins an ignominious club of well-funded flameouts.

Axios

A former FTX insider joins the class action lawsuit against celebs like Tom Brady and Shaq who touted crypto

Dan Friedberg, former compliance chief at FTX, will cooperate with lawyers bringing a class action suit against celebrity promoters.

Fortune

Former FTX compliance chief turns whistleblower in crypto suit against Tom Brady, Shaq and celebrity promoters

“He called us and said he wanted to help the victims,” says lawyer Adam Moskowitz. The plan is for the “class” to drop all claims against Dan Friedberg in exchange for his cooperation.

Fortune

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'Classic rush to judgment': Sam Bankman-Fried seeking to dismiss all but 3 criminal charges

The disgraced founder's lawyers describe the government's response as "dramatic—and troubling."

Fortune

FTX founder Sam Bankman-Fried seeks dismissal of all but three charges in crypto collapse indictment

FTX founder Sam Bankman-Fried is seeking a dismissal of criminal charges against him, saying prosecutors have improperly turned civil and regulatory issues into federal crimes

The Independent UK

Stocks Slip Lower, PayPal Slides, Fox Earnings On Deck, SBF Seeks Dismissals, Biden Debt Ceiling Talks - 5 Things To Know

Stock futures lower with inflation data in focus; PayPal slides as margin concerns offset earnings beat; Fox shares edge higher ahead of Q3 earnings report; Sam Bankman-Fried asks judge to dismiss bulk of changes in FTX collapse and President Biden set for 'big four' meeting as debt ceiling deadline looms.

The Street

FTX founder Sam Bankman-Fried seeks dismissal of indictment

FTX founder Sam Bankman-Fried is seeking a dismissal of criminal charges against him, saying prosecutors have improperly turned civil and regulatory issues into federal crimes

The Independent UK

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FTX founder Sam Bankman-Fried asks court to dismiss most criminal charges against him

Motion asks for 10 of 13 charges against him to be dismissed.

Axios

The high-profile lawyers on a crusade against crypto

Superlawyers Adam Moskowitz and David Boies have teamed up to crack down on the celebrities that promoted crypto

Fortune

Watch: John Oliver Roasts Jim Cramer Over Predictions Gone Wrong

The HBO host has some fun with the CNBC personality.

The Street

John Oliver on cryptocurrencies: ‘This is all still a casino’

Last Week Tonight host examines the volatility and risks of cryptocurrencies through the collapses of Terra, Celsius and FTX

The Guardian - US

US presidential hopefuls rally against a digital dollar ahead of 2024 elections

The conversation around the role of central banks in the economy has taken on a new dimension among U.S. presidential hopefuls like Ron DeSantis and Vivek Ramaswamy. These politicians want to make it clear they would not support any proposals for a central bank-backed digital U.S. dollar as they make…

Tribune News Service

Tribe Capital just can’t quit FTX: VC burned by SBF is considering an investment in reboot of bankrupt crypto exchange, report says

Tribe Capital has pondered a $250 million fundraising campaign to revive Sam Bankman-Fried’s empire.

Fortune

Who is Binance’s Changpeng Zhao, really?

In a new feature, Fortune delves into the man behind the world’s most influential crypto exchange.

Fortune

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The Guardian - UK

FTX could be revived as more customers’ funds recovered, say lawyers

Cryptocurrency exchange collapsed last year but assets worth $7.3bn have now been retrieved

The Street

New Report Reveals the Offensive Reason Why FTX's Ex-President Quit

It's unclear whether Kevin O'Leary and Bill Ackman are still believers in SBF.

The Guardian - US

30 under 30-year sentences: why so many of Forbes’ young heroes face jail

Ex-CEO Charlie Javice, 31, is just the latest from the magazine’s list to see criminal charges

Fortune

Why the biggest players in crypto are worried about Adrienne Harris

The New York bank regulator plays a pivotal role in punishing bad actors and licensing legitimate businesses.

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Tribune News Service

News briefs

LA County ends COVID-19 emergency, a milestone as case rate falls to 20-month low

The Independent UK

Chinese businessman seeks bail in $1 billion fraud case

Lawyers for a wealthy self-exiled Chinese businessman are seeking bail for him two weeks after his arrest, saying he cannot properly prepare for trial from behind bars

Tribune News Service

Sam Bankman-Fried using millions sent to Stanford dad to pay for lawyers, report says

SAN JOSE, Calif. — Stanford Law School professor Joseph Bankman is using a “multimillion gift” he received from his embattled son Sam Bankman-Fried to pay for his son’s high-priced legal defense, according to a new report this week.

Tribune News Service

Disgraced crypto entrepreneur Sam Bankman-Fried pleads not guilty to federal fraud and bribery charges

NEW YORK — Disgraced crypto entrepreneur Sam Bankman-Fried pleaded not guilty to a host of new federal charges Thursday.

AFP

Bankman-Fried pleads not guilty to latest US charges

New York (AFP) - Former FTX chief Sam Bankman-Fried pleaded not guilty Thursday to five criminal charges recently added by US prosecutors in the government's sprawling case against the former cryptocurrency wunderkind.

ABC News

ASX breaks seven-week losing streak on the back of stable commodity prices, builders Lloyd Group and Porter Davis collapse — as it happened

The ASX is on track to finish the day's trade with its first weekly gain in seven weeks as stable commodity prices bolster mining stocks. Look back on the day's events as they happened with our blog.

Fortune

FTX founder Sam Bankman-Fried just pleaded not guilty to 5 new charges, including bribing a Chinese official and illegal political donations

Prosecutors shared that they have approximately 6 million pages of evidence.

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