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The Latest Breaking News from FTX

Facebook Stalls Portal & Smartwatch Projects, Visa Breaks Debit Card Tie Up With FTX, $3B Bitcoin Withdrawn From Crypto Exchanges: Top Stories Monday, Nov. 14

Reuters

Benzinga

Silicon Valley braces for the legal fallout from FTX

With so many affiliated companies, so many creditors, so many customers, and jurisdictions in different countries, one legal expert calls this a “maze of issues.”

Fortune

Binance says 'proof of reserves' can restore trust in the crypto industry. What does that mean?

As the crypto industry faces a crisis of confidence, insiders argue over how to restore trust—and avoid a regulatory crackdown.

Fortune

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The week the crypto dream died

FTX, SBF and the week the crypto dream died

Axios

FTX crypto king Sam Bankman-Fried subject of new book by Michael Lewis

Bestselling writer Lewis has been shadowing Bankman-Fried as the cryptocurrency founder’s company, FTX, failed

The Guardian - UK

Most CFOs never liked crypto—even before FTX's collapse

The fall of one of the largest cryptocurrency exchanges is a finance horror story.

Fortune

Binance boss says no one can be protected from a ‘bad player’

Changpeng Zhao announces plans for an industry ‘recovery fund’ for struggling crypto firms

The Guardian - UK

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FTX bankruptcy also endangers founder's philanthropic gifts

The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX founder Sam Bankman-Fried in the “effective altruism” movement

The Independent UK

AP News Digest 3:40 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EST. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

The Independent UK

ASX reverses early gains, Elders plunges on outlook, miners soar as China eases curbs

Australian shares reverse early gains, as China eases some of its strict COVID-19 rules, spurring hopes of a recovery in demand.

ABC News

Sam Bankman-Fried's downfall sends shockwaves through crypto

Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s first trillionaire

The Independent UK

Chronicling Luke Skywalker And Darth Vader, Bestselling Author Michael Lewis Has Book In Works Covering Sam Bankman-Fried and Changpeng Zhao

With the world fascinated and intrigued by the story of FTX and its co-founder Sam Bankman-Fried, many have wondered how long it will take until a movie or series on the storyline pops up in theaters or on

Benzinga

EXPLAINER: What's happening at bankrupt crypto exchange FTX?

Problems mounted over the weekend for collapsed cryptocurrency exchange FTX, which was struggling to account for money that went missing hours after it filed for bankruptcy

The Independent UK

One of the greatest financial writers alive has been embedded with FTX’s Sam Bankman-Fried for six months and has a book on the way

Michael Lewis’ next book is about crypto's disgraced FTX founder Sam Bankman-Fried, according to The Ankler.

Fortune

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Fortune

‘Where is Sam Bankman-Fried?’ becomes question of the moment for crypto watchers after FTX bankruptcy

The intrigue surrounding FTX founder Sam Bankman-Fried’s location is notable given how open and accessible he was before.

The New Daily

Alan Kohler: Crypto and the end of the beginning

Will FTX’s collapse mean the end of crypto? Well, some of the 3000 or so cryptocurrencies, or at least it should.

Tribune News Service

FTX faces criminal misconduct probe by Bahamas authorities

The Bahamian police said they’re working with the Bahamas Securities Commission to investigate whether there was any criminal misconduct in the collapse of the crypto exchange FTX.

Fortune

A closer look at Sam Bankman-Fried’s Alameda Research and 20-something CEO Caroline Ellison

Ellison said in a podcast that working for the fund meant "a lot of adjustments" with the "most obvious big thing is that the equity markets are way more efficient than crypto markets."

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news in one place.

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Fortune

Could SBF go to prison? Here's what the Justice Department would have to prove

Any decision by the Justice Department to bring criminal charges would require the agency to show he intended to deceive investors.

Zenger

How To Lose $16 Billion In 3 Days: How Sam Bankman-Fried’s Wealth Disappeared

Several days ago, FTX co-founder Sam Bankman Fried saw his wealth plummet by over 90% to a value of $1 billion. Here's how!

Axios

FTX's terms-of-service forbid trading with customer funds

This raises the probability that there will be a criminal fraud case, too.

The Independent UK

Funds vanish at bankrupt crypto exchange FTX; probe underway

Collapsed cryptocurrency trading firm FTX is confirming there was unauthorized access to its accounts just hours after the company filed for bankruptcy protection

Fortune

Elon Musk and Mark Cuban are letting loose on FTX’s Sam Bankman-Fried: ‘Bulls**t meter was redlining’

Musk and Cuban slammed Bankman-Fried, who resigned as CEO of crypto exchange FTX yesterday as it declared bankruptcy.

The Guardian - US

At least $1bn in investor assets missing after FTX collapse – reports

Sources tell Reuters funds were part of $10bn founder Sam Bankman-Fried transferred to his hedge fund

Fortune

The Twitter and FTX chaos is roiling sports stars like Stephen Curry and Tom Brady: ‘I’m not an expert, and I don’t need to be’

Star athletes are not immune to the confusion and upheaval roiling the tech industry.

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