The Latest Breaking News from SBF

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.

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.

Even experienced journalists got suckered by Sam Bankman-Fried.

“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.

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

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

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

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

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

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

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