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The Latest Breaking News from Sam Bankman-Fried

Sam Bankman-Fried’s parents used their house to bail him out. But they rent the land from Stanford

Shortly before Christmas, FTX founder Samuel Bankman-Fried, indicted on federal charges of fraud and money laundering, was released on a $250 million bail bond that was secured by his parents’ Palo Alto-area home.

Los Angeles Times

It’s time to talk about male mediocrity at work

Why men weaponize "strategic incompetence"—and how I learned to stop doing that.

Fortune

Australian regulator had FTX under surveillance at time of collapse, documents reveal

Exclusive: Asic had concerns about crypto platform six months before spectacular failure

The Guardian - AU

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FTX's Sam Bankman-Fried, DOJ tussle over his communications

Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering in a criminal case accusing him of bilking investors and customers

The Independent UK

FTX’s Sam Bankman-Fried must stop contacting former employees, prosecutors say

New bail conditions would restrict the FTX founder’s use of messaging platforms.

Fortune

Bankman-Fried sought to influence witness, prosecutors say

FTX co-founder Samuel Bankman-Fried sought to influence a witness in the U.S. government’s criminal fraud case against him, prosecutors said in a filing, asking a judge to stop him from contacting former employees at the bankrupt cryptocurrency exchange.

Tribune News Service

FTX owes money to Apple, Google, Netflix, Yahoo, and Gisele Bündchen’s charity

On Wednesday, a federal judge released a comprehensive list of FTX’s creditors, excluding the names of individuals.

Fortune

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Ritchie Torres went from crypto ‘newbie’ to key ally in Washington. Now he could shape the industry’s post-FTX future

The second-term Congressman from the Bronx is one of many who got donations from Sam Bankman-Fried. He's fighting for rules that could help crypto serve the "unbanked."

Fortune

Congressional Republicans have Gary Gensler in their crosshairs

Rep. Hill on his new digital assets subcommittee.

Fortune

Solana shakes off its death rattle with a 140% jump in value since the start of the year

The cryptocurrency’s underlying blockchain has also outpaced competitors in the number of developers contributing to it.

Fortune

Crypto firms acted like banks, then collapsed like dominoes

Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets

The Independent UK

In the Elon Musk trial, fraud isn't just about false statements

A jury is being asked to decide Musk's state of mind when he tweeted "funding secured."

Axios

What next for French victims of the FTX cryptocurrency exchange collapse?

The collapse of the FTX cryptocurrency exchange has had repercussions around the globe, with more than a million clients losing money overnight. In France, some 50,000 to 60,000 people were affected. As they look for legal solutions to get their money back, will the victims continue to invest in cryptocurrency?

Radio France Internationale

She made history as Chicago mayor. Reelection may be harder

Lori Lightfoot made history four years ago as the first Black woman and first openly gay person to serve as Chicago mayor

The Independent UK

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Tribune News Service

FTX judge backs firm’s lawyers, rejects last minute ‘rumors’

The judge overseeing the bankruptcy of FTX Group refused to replace the law firm handling the failed crypto company’s Chapter 11 case, concluding that last-minute attacks on the lawyers were mere “rumors.”

The Independent UK

Bankman-Fried's lawyers say car hit barricade outside home

A car with three occupants recently drove into a barricade outside the California home owned by Sam Bankman-Fried’s parents

The Independent UK

Sam Bankman-Fried claims car threatening him crashed into parents’ home

FTX founder under house arrest after being charged with fraud and conspiracy over crypto company’s losses

Tribune News Service

Sam Bankman-Fried’s Stanford professor father is up to ‘his eyeballs’ in son’s legal drama, report says

SAN JOSE, Calif. — More news continues to unfold in the saga of Sam Bankman-Fried and his Stanford Law professor parents, as they together endure the misery of his house arrest, surrounded by 24-hour security, in the family’s home near the Stanford campus.

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Fortune

Anyone want to buy a crypto media company?

Coindesk is on the block. Their best hope for a buyer is a benevolent crypto baron.

Al Jazeera

Crypto giant Genesis files for bankruptcy, after FTX collapse

Cryptocurrency lender’s bankruptcy is the latest blow to the sector following the arrest of Sam Bankman-Fried.

Al Jazeera

New FTX boss says bankrupt crypto exchange could restart: Report

CEO John Ray has set up a task force to explore restarting FTX.com, its main international exchange, WSJ reports.

Fortune

Are you ready for the return of FTX? New CEO says he may revive bankrupt exchange

In a new interview, the bankruptcy steward said he might restart FTX.com.

The Independent UK

Cryptocurrency news - live: Genesis to file for bankruptcy amid ‘major’ US crypto move

Department of Justice officials say they will reveal the news at 12pm in Washington DC

The Times of India

Crypto exchange Bitzlato’s founder arrested in $700 million laundering scheme

A Russian was charged with money laundering through a cryptocurrency exchange that allegedly masked the proceeds of illegal gambling and drug deals valued at more than $700 million, as the US goes after criminal suspects in the digital space.

Los Angeles Times

Have celebs learned their lesson from the FTX debacle?

Strolling out of a football stadium, Tom Brady makes his pitch for the crypto trading platform FTX.

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