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The Latest Breaking News from Sam Bankman-Fried

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.

Fortune

News briefs

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

Tribune News Service

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

The Independent UK

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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.

Tribune News Service

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.

ABC News

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.

Fortune

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Lawyer: FTX founder likely challenging new crypto charges

A lawyer for onetime cryptocurrency darling Sam Bankman-Fried is signaling that he's challenging the validity of new charges contained in rewritten indictments released in recent weeks after his client was brought to the United States from the Bahamas in December

The Independent UK

FTX Founder Sam Bankman-Fried Accused Of Bribing Chinese Officials With $40M In New Indictment

Zenger

News briefs

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

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

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news in one place.

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The Guardian - UK

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

Reuters

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.

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

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news in one place.

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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 Independent UK

Bankman-Fried might use flip phone under stricter bail plan

Prosecutors and attorneys for FTX founder Sam Bankman-Fried are requesting the disgraced cryptocurrency entrepreneur be allowed a flip-phone or another device that’s not a smartphone while on bail

The New Daily

Judge ponders limits on FTX fraud suspect Sam Bankman-Fried’s phone and laptop

Disgraced crypto currency trader Sam Bankman-Fried has been admonished by a judge for violating the terms of his house arrest

The Times of India

Nishad Singh, Indian-origin engineer at FTX, pleads guilty to fraud charges

NEW YORK: Nishad Singh, a 27-year-old engineer of Indian-origin, who previously served as the co-lead engineer of FTX Trading Ltd, has admitted to charges of committing fraud.

Fortune

Robinhood and Coinbase shares end February on down note

Robinhood and Coinbase ended the month down 6.6% and 1.3%, respectively.

Fortune

70% of dealmakers say that investment managers share culpability for FTX

Investors have historically been made out to be victims in court when a startup implodes. But investors think VC firms share some responsibility.

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