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The Latest Breaking News from Sam Bankman-Fried

Bankrupt Crypto Exchange FTX Under Investigation

Plus: Democrats retain control of Senate, RIP Sharon Presley and Martin Wooster, and more...

Reason

Silicon Valley braces for the legal fallout from FTX

With so many affiliated companies, so many creditors, so many customers, and jurisdictions in different countries, one legal expert calls this a “maze of issues.”

Fortune

FTX crypto king Sam Bankman-Fried subject of new book by Michael Lewis

Bestselling writer Lewis has been shadowing Bankman-Fried as the cryptocurrency founder’s company, FTX, failed

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Most CFOs never liked crypto—even before FTX's collapse

The fall of one of the largest cryptocurrency exchanges is a finance horror story.

Fortune

Binance boss says no one can be protected from a ‘bad player’

Changpeng Zhao announces plans for an industry ‘recovery fund’ for struggling crypto firms

The Guardian - UK

FTX bankruptcy also endangers founder's philanthropic gifts

The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX founder Sam Bankman-Fried in the “effective altruism” movement

The Independent UK

Sam Bankman-Fried's downfall sends shockwaves through crypto

Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s first trillionaire

The Independent UK

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Chronicling Luke Skywalker And Darth Vader, Bestselling Author Michael Lewis Has Book In Works Covering Sam Bankman-Fried and Changpeng Zhao

With the world fascinated and intrigued by the story of FTX and its co-founder Sam Bankman-Fried, many have wondered how long it will take until a movie or series on the storyline pops up in theaters or on

Benzinga

EXPLAINER: What's happening at bankrupt crypto exchange FTX?

Problems mounted over the weekend for collapsed cryptocurrency exchange FTX, which was struggling to account for money that went missing hours after it filed for bankruptcy

The Independent UK

One of the greatest financial writers alive has been embedded with FTX’s Sam Bankman-Fried for six months and has a book on the way

Michael Lewis’ next book is about crypto's disgraced FTX founder Sam Bankman-Fried, according to The Ankler.

Fortune

‘Where is Sam Bankman-Fried?’ becomes question of the moment for crypto watchers after FTX bankruptcy

The intrigue surrounding FTX founder Sam Bankman-Fried’s location is notable given how open and accessible he was before.

Fortune

FTX faces criminal misconduct probe by Bahamas authorities

The Bahamian police said they’re working with the Bahamas Securities Commission to investigate whether there was any criminal misconduct in the collapse of the crypto exchange FTX.

Tribune News Service

A closer look at Sam Bankman-Fried’s Alameda Research and 20-something CEO Caroline Ellison

Ellison said in a podcast that working for the fund meant "a lot of adjustments" with the "most obvious big thing is that the equity markets are way more efficient than crypto markets."

Fortune

Could SBF go to prison? Here's what the Justice Department would have to prove

Any decision by the Justice Department to bring criminal charges would require the agency to show he intended to deceive investors.

Fortune

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Zenger

How To Lose $16 Billion In 3 Days: How Sam Bankman-Fried’s Wealth Disappeared

Several days ago, FTX co-founder Sam Bankman Fried saw his wealth plummet by over 90% to a value of $1 billion. Here's how!

Fortune

Elon Musk and Mark Cuban are letting loose on FTX’s Sam Bankman-Fried: ‘Bulls**t meter was redlining’

Musk and Cuban slammed Bankman-Fried, who resigned as CEO of crypto exchange FTX yesterday as it declared bankruptcy.

The Guardian - US

At least $1bn in investor assets missing after FTX collapse – reports

Sources tell Reuters funds were part of $10bn founder Sam Bankman-Fried transferred to his hedge fund

The Guardian - UK

‘I f****d up’: the rise and fall of US crypto king Sam Bankman-Fried

The 30-year-old wunderkind last week saw his giant FTX digital currency exchange collapse and his $17bn fortune disappear

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Bangkok Post

Huge sums missing from collapsed crypto exchange

The collapsed crypto exchange FTX said on Saturday that it was moving funds into offline storage following a series of “unauthorised transactions”, with analysts saying millions of dollars worth of assets had been withdrawn from the platform.

Benzinga

$600M In Crypto Mysteriously Flow Out From FTX Wallets As Exchange Potentially Hacked

More than $600 million in cryptocurrency mysteriously vanished from the wallets of the bankrupt exchange FTX. In the aftermath, FTX on its official Telegram channel announced that the exchange had been hacked and advised users not to install any new updates and to delete all FTX apps.

Miami Herald

Miami’s star turn in the crypto boom now has an iconic bust: the Heat’s FTX Arena

MIAMI — FTX founder Sam Bankman-Fried got a thumbs up from Miami Mayor Francis Suarez during a joint appearance last year when an interviewer asked the 29-year-old mogul if a crypto company approaching a $25 billion valuation really had the financial staying power to fund the full 19 years on…

Sports Illustrated

Heat, Miami-Dade County Release Statement on Reports About FTX

The joint statement comes as the crypto giant officially filed for bankruptcy on Friday.

inkl Originals

The Weekly Wrap for Saturday, 12 November 2022

Sam Bankman-Fried's cryptocurrency empire collapsed this week. His $16bn personal fortune was incinerated in a matter of days (another rousing win for the normative determinists). Not bad for a 30-year-old.

Bangkok Post

Cryptocurrency platform FTX files for bankruptcy

NEW YORK: Crisis-struck cryptocurrency platform FTX has gone bankrupt in the United States and its chief executive Sam Bankman-Fried has resigned, it said Friday, the latest blow in a saga that has reverberated across the digital currency landscape.

Benzinga

The Bitcoin, Ethereum And Dogecoin Setup Into The Weekend After FTX Mess, CPI Data, This Bullish Pattern

Bitcoin (CRYPTO: BTC) swung wildly between 9 a.m. and 10 a.m. after news hit that cryptocurrency platform FTX had filed for bankruptcy.

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