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The Latest Breaking News from FTX US

Binance Is a ‘Hotbed’ of Illegal Activity, Bipartisan US Senators Allege

US Senators representing both Democrats and Republicans are demanding that Binance and Binance.US provide a detailed accounting of their finances and efforts to maintain regulatory compliance, according to a letter signed by Senators Elizabeth Warren, Chris Van Hollen and Roger Marshall.

Bloomberg

Embattled FTX founder Sam Bankman-Fried bucks legal norms and keeps talking in fraud case

Sam Bankman-Fried, the founder and former CEO of FTX, has been unusually talkative following the November collapse of the cryptocurrency exchange and his subsequent indictment on fraud and other charges

The Independent UK

‘I’ve read all the spy novels’: Judge and Sam Bankman-Fried's lawyers spar over his use of messaging apps

The latest hearing in the disgraced FTX founder’s criminal trial focused on his communication with potential witnesses.

Fortune

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FTX founder keeps talking, ignoring typical legal strategy

The Independent UK

Anthony Scaramucci says his experience with FTX and its ‘sociopathic’ founder Sam Bankman-Fried was ‘extremely disappointing.’ So why is he investing in a company run by a former executive of the imploded exchange?

Scaramucci accused the FTX founder Sam Bankman-Fried of intentionally duping many people, but said he had faith in former FTX exec Brett Harrison.

Fortune

FTX: Bankman-Fried Attacks Those Who Have to Clean Up His Mess

The disgraced founder of the cryptocurrency exchange continues to claim that the American subsidiary was solvent at the time of the bankruptcy filing.

The Street

Bankman-Fried again claims FTX US crypto exchange was solvent

Sam Bankman-Fried, the fallen crypto entrepreneur who faces trial in the United States on fraud charges, reiterated his claim that the FTX US crypto exchange “was and is solvent.”

Tribune News Service

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Anthony Scaramucci Invests In Former FTX US CEO’s New Company Showing New Interest In Crypto

Skybridge Capital founder Anthony Scaramucci, who was among the featured speakers at Future Of Crypto event.

Zenger

Scaramucci Invests in Crypto Firm Set Up by Ex-FTX US Head

Anthony Scaramucci said he is investing in a company set up by Brett Harrison, the former president of defunct cryptocurrency exchange FTX US.

Bloomberg

FTX Collapse: Bankman-Fried Takes On a Powerful Law Firm

The disgraced former crypto king continues to tell a version of events that ignores regulators' allegations against him.

The Street

Bitcoin Spikes To $19,800 Price After FTX Asset Recovery

Bitcoin price jumped to a one-month high after FTX lawyers announced they recovered $5 billion in liquid assets.

Investors Business Daily

The 10 biggest crypto funding rounds of 2022

How much did Crypto Winter freeze venture funding?

Fortune

FTX's Bankman-Fried Violated Campaign Finance Laws, DoJ Alleges

Founder of bankrupt cryptocurrency exchange FTX also faces criminal charges of fraud and conspiracy.

The Street

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

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The Street

FTX's Bankman-Fried Used Client Money for Political Donations: SEC

The SEC has filed charges against the founder of the bankrupt crypto exchange FTX.

Axios

The SBF media blitz's key messages

The FTX collapse is the irresistible trainwreck story in business right now, but all the coverage of its instigator might be serving his purposes, as much as the public interest.

Chicago Sun-Times

FTX collapse leaves program to help formerly incarcerated Chicagoans in jeopardy

The cryptocurrency giant pledged at least $1 million to help provide universal basic income to help people get back on their feet after time behind bars. Now, it has filed for bankruptcy without delivering most of the grant.

Fortune

In 2020 Sam Bankman-Fried tweeted about a VC ‘horror story.’ Now that investor reveals what he saw at Alameda Research—and why he walked

Alexander Pack said he and his Dragonfly team met with Alameda executives, including Bankman-Fried, more than a dozen times over a five-to-six-month period from 2018 to 2019.

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Tribune News Service

Crypto lender BlockFi goes bankrupt in aftermath of FTX

BlockFi Inc. filed for bankruptcy, the latest crypto firm to collapse in the wake of crypto exchange FTX’s rapid downfall.

Investors Business Daily

BlockFi Officially Files For Bankruptcy After FTX Crash

Cryptocurrency lender BlockFi filed for bankruptcy on Monday, making it the latest victim in the FTX collapse.

The Street

FTX Collapse: Tom Brady and Steph Curry's Problems Get Worse

The two sports stars were ambassadors and investors for the bankrupt cryptocurrency exchange.

The Street

Why FTX Is Lehman Brothers of Crypto

The cryptocurrency exchange imploded within a few days, causing a financial earthquake whose consequences have yet to be determined.

Fortune

Scammers are targeting desperate FTX customers by pretending to be the DOJ and promising access to funds

Police warned Saturday about a website pretending to help desperate FTX users recover their funds.

The Independent UK

Size, scope of FTX failure gets clearer as users fear worst

Just days after cryptocurrency’s third-largest exchange collapsed, the public is starting to get a feel of how messy FTX’s bankruptcy case could be

Axios

Crypto businesses brace for FTX aftershock

The knock-on effects of the exchange's unwinding are starting to show.

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