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The Latest Breaking News from Sam Bankman-Fried

US probes how $372 million vanished in hack after FTX bankruptcy

Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million out of FTX just hours after the cryptocurrency exchange filed for bankruptcy last month.

Tribune News Service

Emails reveal Sam Bankman-Fried’s courtship of federal regulators

ALAMEDA, Calif. — Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader who sought more regulation of cryptocurrency and wanted his industry to be part of the mainstream financial system.

Los Angeles Times

Crypto's very bad year yielded even worse falls from grace. Here's a list.

Some of the industry’s biggest names fell from historic highs historically quickly.

Fortune

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Crypto is like the ‘World of Warcraft’ economy and legitimizing it with regulations would hurt the financial system, says economist

"While there's money involved, I don't think any of us would call on [regulators] to supervise online massive multiplayer games," argued Stephen Cecchetti.

Fortune

A 'kitchen sink' approach won't work for DeFi legislation

DeFi has unique pros and cons, and it requires unique oversight.

Fortune

Michael Hiltzik: Musk's genius, Putin's prowess and other victims of the Year of Fails

'Tis the holiday season, when we pundits look back at the most uplifting moments of the last year and ahead to what may gladden our hearts in the next.

Los Angeles Times

Sam Bankman-Fried released to parents’ home on $250 million bail while awaiting crypto fraud trial

The 30-year-old is accused of stealing billions in customer funds from cryptocurrency exchange FTX

Evening Standard

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Bankman-Fried released on $250 million bond in FTX fraud case

NEW YORK — Sam Bankman-Fried was released on a $250 million bail package after making his first U.S. court appearance to face fraud charges over the collapse of FTX, the cryptocurrency exchange he co-founded.

Tribune News Service

Sam Bankman-Fried released on $250 million bond

He has been accused in a U.S. criminal complaint of engaging in a fraud scheme for FTX customers.

Axios

At the Races: Disarray OK? - Roll Call

The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories, with some extras, in the At the Races newsletter.

Roll Call

FTX founder Sam Bankman-Fried to be released on $250m bail after first US court appearance

Former head of failed crypto exchange was extradited to US after arrest in Bahamas

The Independent UK

What is the post-FTX future of cryptocurrency?

Cryptocurrencies, experts say, have mainly been speculative, which only worked as long as real dollars were there.

Al Jazeera

FTX founder Sam Bankman-Fried is about to make his first US court appearance as he faces decades in prison

Bankman-Fried's closest business associates had also been charged and had secretly pleaded guilty.

Fortune

FTX founder Bankman-Fried to make 1st US court appearance

The cryptocurrency entrepreneur Sam Bankman-Fried is expected to make his initial U.S. court appearance Thursday on charges that he swindled investors and looted customer deposits on his FTX trading platform

The Independent UK

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France 24

FTX founder Bankman-Fried to appear in court after extradition to US

FTX founder Sam Bankman-Fried is expected to appear before a U.S. court on Thursday after being extradited from The Bahamas, where he had remained since the collapse of his now-bankrupt cryptocurrency exchange.

The Independent UK

Two associates of FTX founder Sam Bankman-Fried reach plea deals over crypto scandal

Pair faced hefty prison sentences for role in collapse of cryptocurrency exchange

Financial Times

How professors’ children are shaping the world

Zelenskyy, Macron and Sam Bankman-Fried are all academics’ kids on a global stage

Evening Standard

FTX founder Sam Bankman-Fried touches down in New York to face fraud charges

Two of Sam Bankman-Fried’s top associates have pleaded guilty to criminal charges related to the operation of FTX

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Al Jazeera

FTX founder Bankman-Fried’s colleagues plead guilty to fraud

Gary Wang and Caroline Ellison have agreed to cooperate with the authorities, according to US prosecutors.

WEKU

Sam Bankman-Fried to be released on $250 million bail into parents' custody

The founder of cryptocurrency exchange FTX appeared in court after being extradited from the Bahamas. He's charged with alleged fraud, conspiracy, money laundering and illegal campaign contributions.

Axios

Two major FTX figures plead guilty to federal charges

Two close confidants of Sam Bankman-Fried are cooperating with federal prosecutors.

Fortune

Sam Bankman-Fried lieutenant Caroline Ellison charged with fraud over FTX crypto price manipulation

Ellison, who is reportedly cooperating with the Justice Department against Sam Bankman-Fried, is accused of manipulating the price of FTX's FTT token.

Fortune

Sam Bankman-Fried, former CEO of FTX, to land in the U.S. tonight

The easiest way to convict Sam Bankman-Fried for the FTX fraud is to gain the cooperation of Caroline Ellison, the former CEO of Alameda and Bankman-Fried's former girlfriend.

Tribune News Service

Sam Bankman-Fried arrives at Bahamas airport for extradition to US

Sam Bankman-Fried arrived at a private Bahamas airport on Wednesday evening to be flown to the US to face a litany of criminal charges after a tumultuous day in the island nation.

Tribune News Service

Sam Bankman-Fried is set to leave Bahamas to face charges in US

Sam Bankman-Fried’s extradition was approved by Bahamas judge on Wednesday, clearing one of the final hurdles for him to be sent to the U.S. to face a litany of criminal charges.

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