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The Latest Breaking News from FTX

US targets Binance and Coinbase – is the government ready to regulate crypto?

Regulators have been confused about whether cryptocurrency is a security or a commodity, but clarity appears imminent

The Guardian - US

Binance Exec Hits Back At Jim Cramer’s On-Air FTX Comparison: ‘I Hope You Have Some Evidence’

CNBC "Mad Money" host Jim Cramer, came under fire for his criticisms of cryptocurrency exchange platforms Binance and Coinbase

Zenger

'I dressed like a kid to go undercover in the crypto world and sold a dog photo as an NFT for $20k'

Award-winning journalist Ian Halperin went undercover to lift the lid on the mysterious world of cryptocurrency finding out shocking details about the scale of deaths among the new crypto millionaires

Daily Mirror

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SEC crypto crackdown: US regulator sues Binance and Coinbase

Securities and Exchange Commission is targeting cryptocurrency firms it thinks are bypassing regulation

The Guardian - UK

Cboe Digital receives approval to expand crypto futures products for Bitcoin and Ether, calls it 'a win for the US industry'

The approval marks another victory for traditional financial firms in the crypto space.

Fortune

Cryptocurrency exchange Binance hits back at SEC lawsuit, saying allegations ‘simply wrong’ – as it happened

US watchdog SEC says company mixed billions in customer funds and secretly sent them to separate company controlled by CEO Changpeng Zhao

The Guardian - UK

The SEC sues Binance, unveils 13 charges against crypto exchange in sweeping lawsuit

U.S. regulators sued Binance, saying the world's largest crypto trading platform misled investors and regulators. The accusations were part of 13 charges unveiled by the SEC.

WEKU

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Binance seeking to 'demonstrate that we are a new organization' as regulatory headwinds swirl

The largest crypto exchange appears to be planning for CZ's successor.

Fortune

The week in audio: Witch; Spellcaster: The Fall of Sam Bankman-Fried; History’s Secret Heroes – review

From the host of 28ish Days Later, a wonderfully written defence of witchcraft; the ‘schaden-fraud’ story of a crypto bro; and fascinating tales of wartime derring-do with Helena Bonham Carter

The Guardian - UK

Who is Caroline Ellison? 9 associates’ impressions of the FTX-linked Alameda CEO

As a woman among crypto bros, Ellison has earned the most press coverage of all FTX coconspirators.

Fortune

Federal Reserve orders defunct crypto bank Silvergate to carry out wind-down process

As part of the agreement, Silvergate will have to preserve all records, from emails to ephemeral messaging applications.

Fortune

As crypto embraces A.I., a major exchange scraps its ChatGPT integration

Bitget, the fifth-largest derivatives crypto exchange, said that the artificial intelligence tool was providing false information to its users.

Fortune

It's tempting to feel sorry for FTX nerd Caroline Ellison, but she should still go to prison

It's tempting to excuse Caroline Ellison based on her brilliance and awkwardness, but her actions are unforgivable.

Fortune

Prosecutors say Sam Bankman-Fried's arguments to dismiss cryptocurrency charges are meritless

New York prosecutors say Sam Bankman-Fried's lawyers made meritless arguments in a bid to convince a judge to toss out criminal charges alleging that the FTX founder stole from investors in his multibillion dollar cryptocurrency fund

The Independent UK

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Zenger

Sam Altman’s Worldcoin Secures $115M In VC, Hopes To Grow From 2M Users To Billions

Sam Altman’s crypto initiative seeks to regain the popularity of the digital currency space after the fall of FTX.

Daily Mirror

Shaquille O'Neal tracked down and served by cryptocurrency lawsuit during NBA playoff game

NBA legend Shaquille O'Neal was served legal documents during a broadcast of the Miami Heat's NBA Eastern Conference playoff final game for a complaint on collapsed cryptocurrency exchange FTX

Fortune

Caroline Ellison: How a young math whiz with an appetite for risk became a major player in Sam Bankman-Fried’s corrupt crypto empire

After the fall of the cryptocurrency exchange FTX and the trading firm she ran, Alameda Research, the 28-year-old became an unlikely celebrity—and a public villain.

USA Today Sports Media Group

Shaq finally got served papers for the FTX lawsuit while covering the Heat-Celtics series in the former FTX Arena

What a wild saga this has become.

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news in one place.

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Sports Illustrated

Shaq Had Steph Curry Feeling So Awkward With What Seemed to Be a Subtle FTX Joke

O’Neal: ‘Thanks for getting me in trouble. Don’t say nothing.’

USA Today Sports Media Group

Did Shaquille O’Neal blame his crypto legal saga on Steph Curry while interviewing him?

Both individuals were named in a class action lawsuit filed against FTX.

Axios

Axios Harris Poll 100: Year of the tarnished titans

Our annual survey of brand reputation shows just how far some of the mighty have fallen.

Zenger

UK Members Worry About The Risks Of Cryptocurrency And Non Existing Regulations

UK lawmakers want to treat cryptocurrency trading like gambling as the fall of FTX has brought concern to world regulators.

Fortune

When did Michael Lewis know about SBF?

The 'Moneyball' author's forthcoming book on Sam Bankman-Fried promises to be a good one, but Lewis has yet to say when he found out his subject was a conman.

Fortune

Shaq’s been on TV nonstop during the NBA playoffs—but here’s the strange tale of how he avoided FTX crypto class action papers for months

The chase was part of a much publicized, multi-billion dollar class action suit brought against eleven celebrities who’d famously promoted the bankrupt crypto exchange FTX.

Fortune

Michael Lewis had a front row seat to Sam Bankman-Fried's downfall. He called the disgraced former FTX CEO 'the ideal subject'

Michael Lewis had shadowed SBF for a year before his arrest in December.

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