The Latest Breaking News from Sam Bankman-Fried

Binance crypto exhange was facing scrutiny from federal regulators including the Commodity Futures Trading Commission and the Departments of Justice and Treasury

The sudden removal of OpenAI CEO Sam Altman on Friday was met with shock and disapproval by the company’s employees. More than 90% signed a letter threatening to leave OpenAI if the board didn’t resign and reinstate Altman – who has since apparently been poached by Microsoft, along with a…

Sam Bankman-Fried was tried and convicted in a mere 12 months. If he’d been in Australia, he’d still be living the high life, a Crikey reader says.

Bankman-Fried's parents remain in the news after their son's fraud conviction.

“They were living high on the hog while advising a bunch of twentysomethings who had no idea what they were doing,” said a a white-collar defense specialist.

We business owners can’t just shrug and say it’s the accountant’s job – it’s our signature on those forms

The bankruptcy estate is trying to claw back nearly $1 billion in its latest lawsuit.

The cryptocurrency fraudster talked a lot of venture capitalists into pouring millions of dollars into his business. Maybe they should be more careful next time

As Sam Bankman-Fried prepares to go to prison for one of the largest financial frauds in history, the cryptocurrency industry is looking ahead to a future without its former "golden boy."