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The Latest Breaking News from Sam Bankman-Fried

2022 was the year crypto came crashing down to Earth

For the world of crypto, 2022 started with exuberance and ended with its unofficial spokesman in handcuffs.

WEKU

George Santos is the GOP's future

Trump opened the door — and now every grifter and two-bit criminal sees job security in pandering to the GOP base

Salon

Meghan Markle fans demand apology after article brands her 'narcissist like Trump'

A Politico column by Joanna Weiss compared Meghan Markle a narcissist akin to Donald Trump and Kanye West, though fans of the duchess have hit back calling the piece "racist"

Daily Mirror

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Crypto player Kraken to exit Japan amid sector’s annus horribilis

US-based cryptocurrency exchange’s announcement comes amid plummeting asset values and sector-wide reckoning over FTX.

Al Jazeera

FTX customers sue Sam Bankman-Fried as part of Chapter 11 case

Customers of failed cryptocurrency exchange FTX sued in bankruptcy court in hopes of being first in line to recover some of the billions lost in the meltdown of Sam Bankman-Fried’s digital-asset empire.

Tribune News Service

Bankman-Fried’s fraud case is reassigned after original judge recuses herself

The fraud case against FTX co-founder Sam Bankman-Fried has been reassigned to U.S. District Judge Lewis Kaplan in Manhattan after the original judge in the case recused herself over a potential conflict of interest.

Tribune News Service

Pharma Bro Martin Shkreli gives disgraced FTX boss Sam Bankman-Fried advice on surviving jail time

Shkreli predicted Mr Bankman-Fried, currently under house arrest, could face challenges if convicted on fraud charge

The Independent UK

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US probes how $372 million vanished in hack after FTX bankruptcy

Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million out of FTX just hours after the cryptocurrency exchange filed for bankruptcy last month.

Tribune News Service

Emails reveal Sam Bankman-Fried’s courtship of federal regulators

ALAMEDA, Calif. — Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader who sought more regulation of cryptocurrency and wanted his industry to be part of the mainstream financial system.

Los Angeles Times

Crypto's very bad year yielded even worse falls from grace. Here's a list.

Some of the industry’s biggest names fell from historic highs historically quickly.

Fortune

Crypto is like the ‘World of Warcraft’ economy and legitimizing it with regulations would hurt the financial system, says economist

"While there's money involved, I don't think any of us would call on [regulators] to supervise online massive multiplayer games," argued Stephen Cecchetti.

Fortune

A 'kitchen sink' approach won't work for DeFi legislation

DeFi has unique pros and cons, and it requires unique oversight.

Fortune

Michael Hiltzik: Musk's genius, Putin's prowess and other victims of the Year of Fails

'Tis the holiday season, when we pundits look back at the most uplifting moments of the last year and ahead to what may gladden our hearts in the next.

Los Angeles Times

Sam Bankman-Fried released to parents’ home on $250 million bail while awaiting crypto fraud trial

The 30-year-old is accused of stealing billions in customer funds from cryptocurrency exchange FTX

Evening Standard

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Tribune News Service

Bankman-Fried released on $250 million bond in FTX fraud case

NEW YORK — Sam Bankman-Fried was released on a $250 million bail package after making his first U.S. court appearance to face fraud charges over the collapse of FTX, the cryptocurrency exchange he co-founded.

Axios

Sam Bankman-Fried released on $250 million bond

He has been accused in a U.S. criminal complaint of engaging in a fraud scheme for FTX customers.

Roll Call

At the Races: Disarray OK? - Roll Call

The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories, with some extras, in the At the Races newsletter.

The Independent UK

FTX founder Sam Bankman-Fried to be released on $250m bail after first US court appearance

Former head of failed crypto exchange was extradited to US after arrest in Bahamas

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Al Jazeera

What is the post-FTX future of cryptocurrency?

Cryptocurrencies, experts say, have mainly been speculative, which only worked as long as real dollars were there.

Fortune

FTX founder Sam Bankman-Fried is about to make his first US court appearance as he faces decades in prison

Bankman-Fried's closest business associates had also been charged and had secretly pleaded guilty.

The Independent UK

FTX founder Bankman-Fried to make 1st US court appearance

The cryptocurrency entrepreneur Sam Bankman-Fried is expected to make his initial U.S. court appearance Thursday on charges that he swindled investors and looted customer deposits on his FTX trading platform

France 24

FTX founder Bankman-Fried to appear in court after extradition to US

FTX founder Sam Bankman-Fried is expected to appear before a U.S. court on Thursday after being extradited from The Bahamas, where he had remained since the collapse of his now-bankrupt cryptocurrency exchange.

The Independent UK

Two associates of FTX founder Sam Bankman-Fried reach plea deals over crypto scandal

Pair faced hefty prison sentences for role in collapse of cryptocurrency exchange

Financial Times

How professors’ children are shaping the world

Zelenskyy, Macron and Sam Bankman-Fried are all academics’ kids on a global stage

Evening Standard

FTX founder Sam Bankman-Fried touches down in New York to face fraud charges

Two of Sam Bankman-Fried’s top associates have pleaded guilty to criminal charges related to the operation of FTX

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