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The Latest Breaking News from FTX

Sam Bankman-Fried arrives at Bahamas airport for extradition to US

Sam Bankman-Fried arrived at a private Bahamas airport on Wednesday evening to be flown to the US to face a litany of criminal charges after a tumultuous day in the island nation.

Tribune News Service

Fuelled by hope and fear, cryptocurrency markets are primed for contagion

Financial contagions can be triggered easily, if conditions are right. First one financial institution falls and then others follow, like a chain of falling dominoes.

The Conversation

Sam Bankman-Fried is set to leave Bahamas to face charges in US

Sam Bankman-Fried’s extradition was approved by Bahamas judge on Wednesday, clearing one of the final hurdles for him to be sent to the U.S. to face a litany of criminal charges.

Tribune News Service

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FTX founder Sam Bankman-Fried reportedly agrees in court to be extradited to U.S.

He faces eight counts of fraud, conspiracy, campaign finance law violations and money laundering in the U.S.

Axios

Wyoming bullishly courts crypto, even after collapse of FTX

For decades, Wyoming has sought to escape the boom-and-bust cycles of its fossil-fuel-driven economy

The Independent UK

Sen. Boozman wants the SEC and CFTC to sign off on crypto legislation

A leading lawmaker discusses how he plans to advance oversight of crypto.

Fortune

FTX founder could be sent to US after extradition hearing

Sam Bankman-Fried is back in a Bahamian court Wednesday for an extradition hearing that could clear the way for the one-time billionaire to be sent to the U.S. to face criminal charges related to the collapse of cryptocurrency exchange FTX

The Independent UK

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An FBI ace on how to build an airtight case against SBF

Gregory Coleman ran the criminal investigation against Jordan Belfort, and helped seize assets that went back to Bernie Madoff victims.

Fortune

FTX's collapse mirrors an infamous 18th century British financial scandal

Enron. Bernie Madoff. FTX.

The Conversation

How dark money drove the crypto fraud

Citizens United has fueled any number of sleazy dark-money political bargains. At least Bankman-Fried got caught

Salon

Sam Bankman-Fried reportedly fell asleep during extradition hearing

Crypto mogul faces up to 115 years in prison if convicted of wire fraud and securities fraud charges

The Independent UK

Sam Bankman-Fried to fly to US Wednesday, escorted by FBI agents

WASHINGTON — Federal authorities are set to whisk Sam Bankman-Fried to the U.S. on Wednesday to face a range of criminal charges related to the collapse of the FTX crypto exchange.

Tribune News Service

Hearing on FTX founder's extradition to US set for Wednesday

Sam Bankman-Fried will have a hearing Wednesday in a Bahamian court on his possible extradition U.S. in the coming days to face criminal charges related to the collapse of cryptocurrency exchange FTX

The Independent UK

Sam Bankman-Fried could be housed in same prison Ghislaine Maxwell was in after agreeing to extradition

The disgraced FTX founder will return to the US from The Bahamas to face criminal charges

The Independent UK

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Fortune

I’ve spent decades studying trust in markets. Here’s what the FTX collapse has in common with Lehman Brothers and Russian nukes

Nothing concentrates minds like losing money: it changes the general conversation and the political landscape by making regulation seem more necessary.

The Guardian - UK

FTX seeks to claw back donations to politicians and charities

Collapsed cryptocurrency exchange had reputation for corporate philanthropy to tune of hundreds of millions of dollars

Tribune News Service

Sam Bankman-Fried sent back to Bahamian jail after catching lawyer off guard with US extradition plan

FTX co-founder Sam Bankman-Fried’s preparations to be extradited to the United States have hit an abrupt and confusing snag in a Bahamas courtroom.

The Guardian - UK

Jo Johnson resigns from Binance advisory role

The former Tory MP and universities minister stepped back as scrutiny over the cryptocurrency exchange grows

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The Independent UK

Sam Bankman-Fried delays agreement on extradition to US

The crypto tycoon has acknowledged failures at FTX but says he does not believe he has criminal liability

Tribune News Service

Sam Bankman-Fried prepared to be extradited to US as soon as Monday

Disgraced FTX co-founder Sam Bankman-Fried has indicated he’s preparing to be extradited to the U.S. from the Bahamas as soon as Monday, according to a person with direct knowledge of the matter.

Fortune

Why SBF’s arrest means freedom for everyone else in the crypto space

Regulators have taken too long to enforce basic laws–and that has undermined crypto's credibility, writes Dmitry Gooshchin.

Fortune

Unlike Washington, Andreessen Horowitz has a plan to push forward crypto legislation

Collin McCune worked on the House Financial Services Committee before becoming the firm's new head of government affairs.

Chicago Sun-Times

‘I said you’re a fraud.’ CME Group’s boss spotted early trouble at crypto exchange FTX

Terrence Duffy, chairman of Chicago-based exchange owner CME Group, said his meeting with Sam Bankman-Fried showed FTX had no plan to prevent trading calamities that could have spread across the financial system.

The Independent UK

Disgraced crypto boss Sam Bankman-Fried to walk back decision to fight extradition, report says

Bankman-Fried potentially faces prison sentence of over 100 years

Fortune

Sen. Sherrod Brown leaves possibility of crypto ban open as momentum builds for stronger regulation

"Crypto doesn’t get a free pass because it’s bright and shiny," said the Senate banking chairman Sunday.

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