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The Latest Breaking News from Sam Bankman-Fried

SBF-Linked Cryptocurrency Rises And Flips Ripple, Grabs Fifth Place On Top Crypto List

Solana survived the selling pressure from holdings in the FTX bankruptcy estate, and its growth is attributed to its flourishing decentralized finance ecosystem.

International Business Times

Inflation Battles, AI Mainstream, Labor Victories: 2023 Business Review

From raging inflation and labor victories to Elon Musk's Twitter takeover and Taylor Swift's economic impact, explore the top business stories of 2023.

Top News

Marvel, crypto, Tucker Carlson: eight of 2023’s most spectacular downfalls

Experts on tech, politics and culture weigh in on the year the hype faded and what could come next

The Guardian - US

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

Coinbase, Andreessen Horowitz, Circle among heavyweight donors committing $78 million to new crypto PAC

The PAC has already deployed almost $300,000 for its chosen congressional candidates, with Rep. Patrick McHenry netting the most cash so far.

Fortune

A house divided: 2023 in US politics books, before Trump v Biden part II

The age of the Trump blockbuster may be past but the American political scene keeps producing good reads

The Guardian - US

Bankman-Fried's Case 'Almost Impossible To Win,' SBF Is The 'Worst Witness,' Defense Counsel Admits

The 76-year-old legal expert also disclosed how Bankman-Fried made things all the more challenging when he went off the script during his testimony, eventually making his case "unwinnable."

International Business Times

Politicians and regulators keep shouting that crypto is synonymous with fraud. Here’s why they’re wrong

An entire industry shouldn't be condemned because of a few bad actors.

Fortune

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Crypto firms could spend more on lobbying than in 2022—when FTX and Sam Bankman-Fried were still writing checks

Even without Sam Bankman-Fried, blockchain firms continue to pour money into D.C.

Fortune

Bankman-Fried's Decision On Post-Trial Motions Hints At Possible Appeal

It is not yet clear whether prosecutors want to move forward with the ex-crypto mogul's second trial in March, where he will be tried for five charges.

International Business Times

FTX and Binance: how latest crypto scandals could influence public opinion on digital currency regulation

True believers in cryptocurrency have had a rough few weeks. The US government just fined Binance – the world’s largest crypto exchange – US$4.3 billion (£3.4 billion) for its involvement in money laundering.

The Conversation

Ex-Inmate Says SBF Was On Suicide Watch In Jail, Didn't Eat And Shower For Days

In an interview with a crypto blogger, mob enforcer-turned-informant Gene Borrello talked about Bankman-Fried and his condition inside the Brooklyn Metropolitan Detention Center as he awaits his sentencing next year.

International Business Times

FTX Wins Court Approval To Sell Nearly $900M Worth Of Grayscale, Bitwise Trust Assets

FTX's stakes in these trusts would be sold in a manner that increases their value and does not impact the broader digital investment market, the court filing read.

International Business Times

Bankman-Fried forced to trade mackerel for prison haircut

The tinned fish is reportedly one of the most popular items from the jail commissary

The Independent UK

Bankman-Fried Receives Special Treatment In Prison, Is Giving Crypto Advice And Trading Mackerel: Report

Bankman-Fried is seemingly adapting well to this new chapter of his life. The fallen crypto mogul is trading mackerel fish to pay for prison services, a report said.

International Business Times

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Zenger

Binance Founder Zhao’s Wealth Fluctuates Amid Resignation And $4.3B Settlement

Changpeng Zhao's fortune sees ups and downs as he steps down from Binance and faces hefty fines.

The Independent UK

Regulators and law enforcement crack down on crypto's bad actors. Congress has yet to take action

While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry

PC Gamer

Another one bites the dust: Binance CEO quits as both he and the company plead guilty to money laundering charges and accept whopping $4.3 billion fine

Changpeng Zao founded the company in 2017, and it's since become the world's largest crypto market.

Fortune

Binance avoided a death sentence—but the slow bleed is yet to come

The long-awaited settlement with the crypto exchange avoided FTX territory.

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news in one place.

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The Independent UK

World’s largest crypto exchange pays $4.3bn to settle federal cases as CEO resigns

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

The Conversation

OpenAI’s board is facing backlash for firing CEO Sam Altman – but it’s good it had the power to

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…

Fortune

Billionaire ‘techno-optimist’ Marc Andreessen is tweeting up a storm about Sam Altman and OpenAI and he’s furious at the AI 'Doomer' movement

The Andreessen Horowitz co-founder has long believed that “software is eating the world,” but he wants the AI space to move faster.

WEKU

He lost $200,000 when FTX imploded last year. He's still waiting to get it back

The crypto mogul Sam Bankman-Fried has been tried and convicted of orchestrating one of the largest financial frauds in history, but little has changed for people who lost billions when FTX collapsed.

Foreign Policy

Why Did America’s Elite Keep Falling for Crypto Frauds?

Even experienced journalists got suckered by Sam Bankman-Fried.

Fortune

Crypto app Strike announces partnership with Checkout.com to enable Bitcoin purchases in more than 65 countries

The Jack Mallers-founded firm is expanding its on- and off-ramp services amid a global push.

Fortune

As Sam Bankman-Fried awaits his prison sentence, spotlight shifts to 'Barb and Joe'

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

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