The Latest Breaking News from Sam Bankman-Fried

Coinbase Global Inc (NASDAQ: COIN) shares are trading lower by 10.99% to $55.82 Monday afternoon after Goldman Sachs downgraded the stock from Neutral to Sell and lowered its price target from $70 to $45. Weakness later in the day also came following a report FTX is said to be exploring a deal…

FTX is seeking to acquire Robinhood Markets Inc (NASDAQ: HOOD), Bloomberg reported Monday. 

WASHINGTON — Super PACs with ties to the cryptocurrency industry have spent at least $31.2 million in primary races ahead of this year’s midterms, with most of the money coming from a handful of executives at just one company.

Super PACs connected to the crypto industry are flexing their muscles in this year's primary campaigns as lawmakers consider regulations.

Ald. Pat Dowell, state Sen. Jaqueline Collins and business owner Jonathan Swain criticized the PAC bankrolled by crypto billionaire Samuel Bankman-Fried spending $500,065 to elect Jackson.

A PAC bankrolled by crypto billionaire Samuel Bankman-Fried poured $500,065 into television ads to elect Jonathan Jackson to Congress from the 1st District.

FTX CEO Sam Bankman-Fried says that, until investors get used to higher interest rates, risk assets, including cryptocurrency, won't recover.

These are gut-wrenching days if you're an investor in stocks or bonds. But things could be worse:

Cryptocurrency markets have been trending lower alongside traditional markets for most of the year as rising inflation continues to spark investor fear.