The Latest Breaking News from FTX

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.

Republican says House GOP ‘was ready to grill him six ways to Sunday’

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…

Chat group on the platform Signal was reportedly used to send end-to-end encrypted information about FTX and its hedge fund

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

The charges include conspiracy to defraud the U.S., wire fraud, securities fraud, and money laundering.

He was arrested Monday by Bahamas police and is expected to be extradited to the U.S.

Scientists in the US are expected to announce on Tuesday one of history’s most significant nuclear power breakthroughs: successfully achieving a net energy gain from a nuclear fusion reaction.

Plus: moral panic about department stores, the obvious cause of homelessness, and more...