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The Latest Breaking News from FTX

Former FTX CEO Sam Bankman-Fried arrested in the Bahamas

The arrest was made Monday after the U.S. filed criminal charges that are expected to be unsealed Tuesday, according to U.S. Attorney Damian Williams. Bankman-Fried had been under criminal investigation by U.S. and Bahamian authorities following the collapse last month of FTX.

Chicago Sun-Times

Sam Bankman-Fried arrested in Bahamas as US files FTX charges

Sam Bankman-Fried, the disgraced co-founder of digital-asset exchange FTX, was arrested in the Bahamas after the US government filed a criminal indictment, following weeks of speculation that client funds were misused before his empire’s collapse.

Tribune News Service

Bahamas told Bankman-Fried to mint new crypto as FTX collapsed, lawyers say

Bahamas government officials are working closely with failed crypto magnate Sam Bankman-Fried and trying to help him regain access to key computer systems of bankrupt FTX Trading, lawyers for FTX said in a court filing.

Tribune News Service

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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

The Independent UK

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.

Tribune News Service

Former FTX CEO Sam Bankman-Fried arrested in the Bahamas

The former CEO of failed crypto firm FTX Sam Bankman-Fried has been arrested in the Bahamas at the request of U.S. authorities

The Independent UK

Bankman-Fried, disgraced former CEO of FTX crypto exchange, is charged with fraud

Sam Bankman-Fried was arrested in the Bahamas, based on a criminal indictment that was unsealed Tuesday. Authorities say he improperly diverted billions of dollars.

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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’

The Independent UK

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.

ABC News

Former FTX CEO Sam Bankman-Fried arrested by Bahamian authorities

The Bahamian government said the U.S. has filed criminal charges against Bankman-Fried.

Fortune

Sam Bankman-Fried arrested in The Bahamas

Indictment will be unsealed on Tuesday morning in New York.

Axios

Bored Ape NFT investors are suing Bieber, Madonna and other celebrity promoters

The creator of the popular Bored Ape Yacht Club collection of NFTs and its promoters, including Madonna, Paris Hilton and Justin Bieber, were sued by investors claiming they were duped into buying the collectibles by celebrities who didn’t disclose they were paid to pump sales.

Tribune News Service

Bored Ape NFT investors are suing Bieber, Madonna and other celebrity promoters

Tribune News Service

Bankman-Fried to face off with lawmakers over FTX collapse

The former CEO of the failed cryptocurrency firm FTX will testify before a Congressional committee Tuesday, his first appearance under oath since FTX filed for bankruptcy roughly a month ago

The Independent UK

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Roll Call

US files charges against FTX's Bankman-Fried, who is arrested in Bahamas - Roll Call

Bahamas authorities arrested Sam Bankman-Fried on Monday at the request of the U.S., which has filed charges against the former FTX CEO.

Fortune

Federal prosecutors can't decide whether to hit Binance and its execs with indictments after 4 years of investigating

The U.S. began looking at the company in 2018 after reports that criminals were among users of the exchange.

Fortune

SBF agreed to testify in Congress. Here’s what lawmakers are thinking about crypto legislation

How will the collapse of FTX shape regulation from Washington?

The Conversation

How FTX Australia was able to get away with claiming it was 'ASIC-licenced'

When cryptocurrency exchange FTX Group collapsed in the Bahamas last month, its local subsidiaries FTX Australia Pty Ltd and FTX Express Pty Ltd fell over too.

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Chicago Tribune

FTX collapse shakes up Chicago crypto market, where its US trading platform was going to be the next big thing

CHICAGO — When the FTX.US headquarters opened in a gleaming new Fulton Market tower in May, Mayor Lori Lightfoot and her retinue stopped by to officially welcome the cryptocurrency exchange to Chicago, a city positioning itself as a financial center for the booming digital assets.

Fortune

Cathie Wood says FTX’s Sam Bankman-Fried disliked Bitcoin because he ‘couldn’t control it’

The Ark Invest CEO said FTX's Sam Bankman-Fried didn’t like Bitcoin because "it’s transparent and decentralized. He couldn’t control it.”

The Conversation

'I thought crypto exchanges were safe': the lesson in FTX's collapse

Anthony* (a friend) called a few weeks ago, deeply worried.

Football London

Why Chelsea are set to lose £20m from major cryptocurrency crash following FTX collapse

Chelsea news: Sponsorship could be cut short after massive market crash in digital assets

The Guardian - UK

Bankman-Fried ‘would give anything’ to start new business to repay FTX users

Former boss of collapsed crypto-exchange says he has duty to try to recoup investors’ lost money

Salon

Why did we need cryptocurrency?

It's deeply surprising that investing in money that isn't money, at a bank that isn't a bank, didn't go well

Liverpool Echo

Chelsea have encountered £20m problem Liverpool shouldn't ignore

Chelsea are to see their £20m per year sleeve sponsorship ended with cryptocurrency firm WhaleFin

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