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The Latest Breaking News from Sam Bankman-Fried

What the Madoff Series Left Out

A Netflix documentary series blames the SEC for missing the Ponzi scheme and then calls for giving the SEC more power.

Reason

Galois Capital—which shorted crypto fraud Terra—can’t avoid contagion of FTX

Galois has agreed to sell its claim against FTX.

Fortune

Michael Hiltzik: The government crackdown on crypto is well underway. Get out while you can

The sun may be setting on the cryptocurrency craze. If you're an investor or even just a curiosity-seeker on the fringes of this financial segment, you might want to prepare for its demise.

Los Angeles Times

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Judge in Sam Bankman-Fried case threatens jail over use of apps, VPNs

The federal judge overseeing Sam Bankman-Fried’s fraud trial threatened to revoke the FTX co-founder’s $250 million bail package if severe restrictions weren’t placed on his use of electronic devices and apps.

Tribune News Service

Prosecutors want to take away SBF's internet access

Prosecutors asked the judge overseeing his case to restrict SBF from using phones, tablets, computers, or the internet, with few exceptions.

Fortune

Judge suggests jail to limit FTX founder's communications

A federal judge is showing growing impatience with FTX founder Sam Bankman-Fried's use of the internet, suggesting that incarceration might eventually be the most effective way to prevent him from violating his bail conditions

The Independent UK

FTX founder Sam Bankman-Fried accused of 'hiding online activities'

Saying that he “appears motivated to circumvent monitoring” and may be “hiding online activities from the government,” prosecutors are seeking to renegotiate Sam Bankman-Fried’s bail agreement and impose tighter restrictions on the FTX founder.

Los Angeles Times

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Bear market barely dents crypto lobby

Spending remains near all-time highs.

Fortune

News briefs

Stoneman Douglas locked down for 2 hours on day after somber anniversary

Tribune News Service

FTX founder's bail signatories include 2 family friends

Two Stanford University academics signed on to FTX founder Sam Bankman-Fried's $250 million bail package, enabling him to live with his parents while awaiting trial on fraud charges

The Independent UK

Former Stanford Law School dean among SBF cosigners

The other cosigner for the disgraced FTX founder’s $250 million bond is a senior research scientist at Stanford.

Fortune

FTX founder Sam Bankman-Fried remotely accessed his TV in the Bahamas to watch the Super Bowl

Days after a federal judge shot down a request by FTX founder Sam Bankman-Fried to loosen his technology restrictions while on house arrest, the disgraced crypto entrepreneur remotely accessed his TV set in the Bahamas to watch the Super Bowl.

Tribune News Service

Sam Bankman-Fried summoned to NYC by judge over bail rules

FTX founder Sam Bankman-Fried has been ordered to return to a New York courtroom Thursday after the judge assigned to his fraud case said he's communicating with others in ways the government can't monitor

The Independent UK

Sam Bankman-Fried in hot water for watching Super Bowl on house arrest using VPN

Crypto executive remains under house arrest in California

The Independent UK

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Los Angeles Times

Dude, where's my bitcoin? Crypto sits out the Super Bowl after a miserable year

Well, that was fast.

Tribune News Service

Judge leaves in place bail conditions for FTX founder Sam Bankman-Fried

NEW YORK — A New York City judge on Thursday extended his restrictive bail conditions for disgraced FTX founder Sam Bankman-Fried.

ABC News

Tennis player banned for life over match-fixing, FTX founder's bail restrictions extended, and India asks citizens to hug cows — as it happened

The news Australia is searching for, and all the news that happened while you snoozed: This is The Loop, your quick catch-up for this morning's stories as they happened.

The Independent UK

Embattled FTX founder Sam Bankman-Fried bucks legal norms and keeps talking in fraud case

Sam Bankman-Fried, the founder and former CEO of FTX, has been unusually talkative following the November collapse of the cryptocurrency exchange and his subsequent indictment on fraud and other charges

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news in one place.

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Chicago Tribune

Jesús ‘Chuy’ García's congressional campaign says it will return Bankman-Fried money to investors

CHICAGO — Chicago mayoral candidate Jesús “Chuy” García’s congressional campaign says it will cut a check for $2,900 to repay clients of a collapsed cryptocurrency exchange the same amount of money the disgraced former head of the business contributed to García’s reelection war chest.

Fortune

‘I’ve read all the spy novels’: Judge and Sam Bankman-Fried's lawyers spar over his use of messaging apps

The latest hearing in the disgraced FTX founder’s criminal trial focused on his communication with potential witnesses.

Fortune

Investors still trust anonymous crypto founders with millions—even after the FTX meltdown

Crypto investors have put millions into ventures run by 'anons.' Sam Bankman-Fried and the FTX collapse have only strengthened their faith.

Fortune

Robinhood to buy back Sam Bankman-Fried's stake in brokerage

The decision follows a months-long fight over who owns the 7.6% stake in Robinhood after FTX declared bankruptcy.

The Independent UK

FTX founder keeps talking, ignoring typical legal strategy

Financial Times

‘Sam? Are you there?!’ The bizarre and brutal final hours of FTX

How Sam Bankman-Fried and his band of millennial millionaires lost a $40bn crypto empire

The Independent UK

FTX founder heads to court after judge rejects bail request

FTX founder Sam Bankman-Fried will be in a New York courtroom Thursday for a bail-related hearing despite his lawyers claims that they've settled their differences with prosecutors

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