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The Latest Breaking News from Cryptocurrency

Explainer: cryptocurrency and cryptocurrency exchanges

Almost all cryptocurrencies have declined significantly this year but this doesn’t seem to be putting people off, writes Alex Sims

Newsroom.co.nz

Warren pushes bipartisan bill to regulate crypto firms after FTX collapse

Move co-sponsored by Republican Roger Marshall aims to crack down on money laundering after arrest of Sam Bankman-Fried

The Guardian - US

Crypto: The white male privilege scam

The downfall of Sam Bankman-Fried serves as a reminder of how many white male "geniuses" are just full of crap

Salon

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Sam Bankman-Fried: Arrested crypto exchange boss hugs parents as he is denied bail on fraud charges

Former cryptocurrency exchange entrepreneur Sam Bankman-Fried hugged his parents as he was denied bail after being charged with “one of the biggest financial frauds in American history”.

Evening Standard

Who is Sam Bankman-Fried and why was the FTX founder arrested in the Bahamas?

The former ’King of Crypto’ is currently behind bars

Evening Standard

TPG reveals emails of 15,000 iiNet and Westnet customers exposed in hack

Telecommunications company says hacker searched for customers’ cryptocurrency and financial information

The Guardian - AU

Binance withdrawals hit $1.9bn in past 24 hours says data firm

The world’s biggest crypto exchange said it had ‘temporarily paused’ withdrawals as CEO said it was ‘business as usual’.

Al Jazeera

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Silvergate Capital faces questions from lawmakers amid FTX crypto exchange collapse

San Diego's Silvergate Capital made its name in recent years as one of a few traditional banks providing deposit, fund transfer, security and other services for the cryptocurrency trading market.

Tribune News Service

Inside wild life of polyamorous 'Crypo king' who lost $32billion in FTX collapse

Sam Bankman-Fried went from a multi-billionaire to destitute overnight when his cryptocurrency exchange FTX collapsed after it was revealed billions were being funnelled into another of his companies

Daily Mirror

FTX Co-Founder Sam Bankman-Fried To Testify In Front Of US House Financial Committee

Bankrupt cryptocurrency exchange FTX’s co-founder Sam Bankman-Fried announced on Friday that he will testify before Congress

Zenger

New FTX CEO says lax oversight, bad decisions caused failure

The new CEO of the cryptocurrency exchange FTX is appearing before a House committee Tuesday, detailing for lawmakers the lack of oversight and financial controls that he discovered since taking over the company a month ago

The Independent UK

Who Sam Bankman-Fried was going to blame for FTX’s collapse – until his arrest

Founder and CEO of cryptocurrency exchange could not appear before Congress

The Independent UK

Former FTX CEO Bankman-Fried hit with 8-count indictment

Former CEO Sam Bankman-Fried is accused of raising more than $1.8 billion from equity investors since May 2019 by promoting FTX as a safe, responsible platform for trading crypto assets. Instead, the complaint says, Bankman-Fried diverted customers’ money into his privately-held crypto fund without…

Chicago Sun-Times

Sam Bankman-Fried charged with fraud as first congressional hearing closes – as it happened

US Congress commences hearing on the collapse of the cryptocurrency exchange, less than 24 hours after its former chief executive was arrested

The Guardian - US

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Roll Call

House Financial Services presses FTX CEO on crypto's regulatory needs - Roll Call

John Ray III, who took over FTX after its collapse, tells lawmakers the cryptocurrency exchange was "uniquely positioned to fail."

The Independent UK

SEC charges former FTX CEO with defrauding crypto investors

The U.S. Securities and Exchange Commission has charged the former CEO of failed cryptocurrency firm FTX with orchestrating a scheme to defraud investors

France 24

Sam Bankman-Fried, founder of failed crypto exchange FTX, arrested in Bahamas

Sam Bankman-Fried, the disgraced head of once-leading cryptocurrency trading platform FTX, is to be extradited to the US after being arrested in the Bahamas. US prosecutors have yet to unseal the indictment against 30-year-old Bankman-Fried, who became a billionaire during the cryptocurrrency boom. In this edition, we take a closer…

The Guardian - AU

Sam Bankman-Fried has been arrested. What happens next to the FTX founder?

The former CEO has been arrested in the Bahamas, a day before he was due to appear at a House committee hearing on the collapse of the cryptocurrency exchange

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Wales Online

FTX cryptocurrency founder Sam Bankman-Fried arrested in the Bahamas

His firm filed for bankruptcy last month when customers were unable to withdraw their money

The Independent UK

Sam Bankman-Fried news – FTX founder charged with wire fraud, money laundering after Bahamas arrest

FTX founder was arrested in The Bahamas late Monday night after weeks of financial chaos that took down world’s third-largest cryptocurrency exchange

The Independent UK

Sam Bankman-Fried arrested - latest: FTX founder arrested in Bahamas as US debates fraud case

Arrest comes after six weeks of financial chaos that took down world’s third-largest cryptocurrency exchange

Tribune News Service

FTX founder Sam Bankman-Fried arrested in Bahamas over US criminal charges

Sam Bankman-Fried was arrested in the Bahamas on Monday in the wake of the spectacular failure of his cryptocurrency exchange FTX.

The Independent UK

Sam Bankman-Fried: Disgraced FTX crypto exchange founder detained in Bahamas at US request

Bahamas attorney general Ryan Pinder said that US was ‘likely to request his extradition’

ABC News

FTX founder Sam Bankman-Fried arrested in the Bahamas ahead of possible extradition to the US

The founder of bankrupt cryptocurrency exchange FTX has reportedly been arrested in the Bahamas, where his now defunct business was based.

Bangkok Post

SEC readies stricter rules for digital assets

The Thai Securities and Exchange Commission (SEC) is preparing to impose more stringent regulations on digital assets to mirror the global market, with the aim of increasing investor protection.

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