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The Latest Breaking News from Sam Bankman-Fried

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Terror threat in N. Ireland up to ‘severe’ ahead of expected Biden trip

Tribune News Service

Sam Bankman-Fried charged in US with bribing Chinese officials

Sam Bankman-Fried was charged with bribing Chinese officials, adding a new dimension to the U.S. government’s case against the FTX co-founder.

Tribune News Service

Bankman-Fried charged with bribing Chinese officials

FTX founder Sam Bankman-Fried has been charged in the United States with directing $US40 million ($A60 million) in bribes to one or more Chinese officials.

The New Daily

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FTX Collapse: No More Smartphone and Limited Internet for Bankman-Fried

The former crypto king's bail terms have just been tightened by the judge in charge of his case.

The Street

FTX’s Sam Bankman-Fried Charged With Paying $40 Million Bribe to Chinese Officials

Federal prosecutors add a 13th charged against the disgraced founder of the collapse FTX cryptocurrency exchange involving alleged bribes to Chinese officials.

The Street

Social Media Reacts to SBF's New Criminal Charges

The charges against Sam Bankman-Fried just became a lot more serious.

The Street

What Is Financial Contagion? Causes, Solutions & Examples

Germs are the root cause behind many health issues: Mere microns in size, they invade our bodies and produce toxins that cause disease, making a person very ill. A contagious disease doesn’t just affect one person, though—it spreads from one person to the next, often without their knowing it. ...

The Street

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US charges Sam Bankman-Fried for bribing Chinese officials

New York (AFP) - US officials alleged that former FTX chief Sam Bankman-Fried authorized bribes of at least $40 million to Chinese officials, according to an updated indictment filed Tuesday.

AFP

Bankman-Fried charged with paying $40M bribe to China

A new indictment charges FTX founder Sam Bankman-Fried with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business

The Independent UK

Sam Bankman-Fried bribed Chinese officials to the tune of $40 million as he got desperate about frozen Alameda funds, new DOJ charge claims

Prosecutors unveiled the charge in a new indictment filed on Tuesday.

Fortune

Crypto Billionaire Zhao and Binance Are in Big Trouble

The CFTC has just filed a lawsuit against Zhao and his firm Binance, the world's largest cryptocurrency exchange, for allegedly letting U.S. residents buy and sell crypto derivatives while the firm is not registered.

The Street

Crypto Billionaire Changpeng Zhao and Binance Sued

The Street

Caught in the FTX storm: how a crypto high-flyer fell to Earth

The Maps payments app run by British-educated cryptocurrency tycoon Alex Grebnev, who was backed by Sam Bankman-Fried, has lost its Mastercard partnership amid a row over Russian users

The Guardian - UK

China's super rich population drops as tech crackdown, global factors hurt wealth

More than 400 people lost their billionaire status last year, most from China, as global monetary tightening, COVID-19 disruptions and Beijing's crackdown on major tech companies hurt the super wealthy, a ranking of the world's wealthiest showed.

Reuters

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The Street

Bitcoin Billionaires Are Back

Fortune

What crypto 'staking' really means

Misusing crypto terms like "staking" shows how much words matter—and how ignoring that harms the industry.

The Guardian - UK

Sam Bankman-Fried received $2.2bn from FTX-linked entities, say court filings

Ex-crypto poster boy and five of his inner circle transferred $3.2bn into personal accounts, allege new management

The Street

Two US Banks Collapse in 48 Hours. Which One's Next?

Silvergate served the cryptocurrency industry, while SVB was the bank for Silicon Valley tech startups.

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The Street

Silvergate Bank Collapses

The California bank's stock fell nearly 44% on Wall Street after it announced it was going out of business.

The Street

Crypto Bank Silvergate Goes Out of Business

California bank pays for its bets on the cryptocurrency industry, rocked by bankruptcies since last summer. It is the first U.S. bank to go out of business since 2020.

The Street

Binance.US Takes Over Voyager's Assets With Judge's Approval

Despite the SEC's disapproval, a judge approved Binance.US to receive the assets from Voyager Digital.

Financial Times

Central banks going crypto. Is it a good idea?

Across the world, these sober institutions are exploring digital currencies — and clashing with crypto aficionados

Businessweek

Silicon Valley’s Obsession With Killer Rogue AI Helps Bury Bad Behavior

Sam Bankman-Fried made effective altruism a punchline, but the do-gooding philosophy is part of a powerful tech subculture full of opportunism, money, messiah complexes—and alleged abuse.

The Street

Sam Bankman-Fried Could Bring Back an Old Technology (Not By Choice)

Prosecutors may want Sam Bankman-Fried to flip, but it’s not what you think.

The Street

FTX Collapse: Bankman-Fried's Golden House Arrest About to Get Worse

Federal prosecutors demand that the former crypto king be limited to using a flip phone and only access a restricted list of websites.

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