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The Latest Breaking News from SBF

Sam Bankman-Fried is going to prison. The crypto industry isn’t any better for it

There have been no changes since the ex-mogul’s conviction as lawmakers fail to pass regulations to protect the public

The Guardian - US

‘Old-fashioned embezzlement’: where did all of FTX’s money go?

Sam Bankman-Fried oversaw its collapse – now the crypto firm is in bankruptcy proceedings as contentious as his fraud trial

The Guardian - US

The rise and fall of Sam Bankman-Fried: an unrepentant ex-mogul faces down decades in prison

The former CEO of FTX, once a king of cryptocurrency, saw a swift reversal of his fortunes starting in November 2022

The Guardian - US

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New FTX CEO Slams SBF's 'Nonexistent' Remorse In Scathing Victim Impact Statement

John Ray III, FTX's CEO who took over after the crypto giant's implosion, submitted a scathing victim impact statement on behalf of FTX investors who lost millions in the multi-billion-dollar scheme "designed" to enshrine Sam Bankman-Fried as the crypto king.

International Business Times

SBF's New Legal Team Seeks Leniency For 'Non-violent' Founder Of Fallen FTX

Sam Bankman-Fried's new lawyers want a more lenient sentence for their client, whom they argue did not commit heinous or predatory acts.

International Business Times

Lejilex, CFAT Challenge SEC's Authority To Regulate Digital Assets

A new complaint accuses the SEC of "gross regulatory overreach," an allegation that several other crypto industry players have brought to the table since the regulator started filing lawsuits against digital asset firms.

International Business Times

Supposed First Prison Photo Of SBF Shows Thinner, Bearded FTX Founder

A photo of Sam Bankman-Fried in jail has emerged, showing a thinner and bearded inmate who was once called the "golden boy of crypto."

International Business Times

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Bitcoin ETFs, SBF, and China: The biggest crypto stories you missed over the holidays

Big names like Fidelity listed the prices they will charge for their impending Bitcoin ETFs—and they are lower than expected.

Fortune

RFK Jr. Reveals Reason Why The DoJ Dropped Charges Against Sam Bankman-Fried

Last week, U.S. prosecutors decided not to pursue additional charges against Bankman-Fried, the former CEO of the fallen crypto empire FTX who was found guilty of seven counts of fraud in November.

International Business Times

Here are the biggest crypto stories of 2023

In 2023, crypto industry onlookers were shocked by high-profile arrests and Sam Bankman-Fried’s trial but also given hope by a flurry of spot Bitcoin ETF applications and rebounding prices.

Fortune

Fast Times at FTX High

Here’s a look back at the graduating class from the financial fraud of the century.

Fortune

Fortune Crypto’s 2023 Jealousy List

Fortune Crypto picks the team’s favorite non-Fortune stories of 2023.

Fortune

John Crace on the villains of 2023: ‘We used to debate whether she was dim or vindictive. The answer appears to be both’

This year’s rogue’s gallery is full to the brim. The Guardian’s sketch writer picks out some of the biggest rotters, from Suella and SBF to Elon Musk and Lord Dave

The Guardian - UK

FTX Warns Of Potential Delay In Customers' Compensation Amid IRS' $24B Tax Claim

FTX, in its filing to a Delaware court, called the IRS' tax claim "meritless."

International Business Times

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The Conversation

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.

International Business Times

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.

Foreign Policy

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

Even experienced journalists got suckered by Sam Bankman-Fried.

Fortune

Sins of the father: Could Joe Bankman go to jail for helping his son run FTX?

“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.

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news in one place.

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Fortune

Once a Sam Bankman-Fried favorite, Solana has ‘moved beyond the FTX overhang’ and gained more than 300% this year

The coin has seen more than $30 million in inflows from investors over the past two weeks.

The Guardian - UK

It’s easy to be dazzled by the super-rich, but don’t believe that they’ll do the right thing

Silicon Valley tech showmen like Elon Musk and Sam Bankman-Fried can blind us with science. A little more scepticism would not go amiss

Fortune

Sam Bankman-Fried’s guilty verdict should be a lesson for us all

SBF’s enormous fraud was made possible with venture capital dollars.

Fortune

FTX is bankrupt and SBF was on trial, so why are people still buying FTT tokens?

Experts say the coin likely has no long-term value, but it could prove lucrative for professional traders who can quickly flip it.

The Independent UK

From crypto king to convicted fraudster: Sam Bankman-Fried’s spectacular fall from grace

The once-hailed ‘boy wonder’ of the crypto industry rose to prominence after founding trading firm Alameda Research in 2017 at the age of 25. So what went wrong? Bevan Hurley looks back at Bankman-Fried’s remarkable rise – and even more dramatic fall as he begins his 25-year prison sentence

Fortune

Sam Bankman-Fried makes himself out to be an absentee CEO in new testimony

The FTX cofounder tried to distance himself from the hole in FTX’s balance sheet.

The Independent UK

A fake courtroom sketch of a hulking Sam Bankman-Fried has gone viral – the court artist is far from impressed

‘You know that AI doesn’t work in courtroom art,’ the actual courtroom sketch artist Jane Rosenberg tells Bevan Hurley

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