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The Latest Breaking News from Sam Bankman-Fried

Crypto exchange Binance to acquire rival FTX

The largest exchange in the world is buying a fast-growing competitor that faced a liquidity crunch.

Axios

The FTT Debacle: Want To Cash In? Here's What Experts Said After Binance Selloff

A day after Binance (CRYPTO: BNB) CEO Changpeng Zhao revealed he would offload all the FTT tokens in the company’s kitty, FTX’s native token (CRYPTO: FTT) nose-dived about 35%

Benzinga

Binance To Dump All Holdings Of Bankman-Fried’s FTX Tokens

"We won't support people who lobby against other industry players behind their backs,” said Binance CEO.

Zenger

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Cryptocurrencies slide as concerns over FTX exchange rattle markets

SINGAPORE: Cryptocurrencies fell heavily on Tuesday and the native token of crypto exchange FTX collapsed by 15% as investors appeared to take fright at talk of pressure on FTX's financials.

Bangkok Post

Is CZ Spreading Rumors? Bankman-Fried Thinks So: Binance, FTX Drama Continues

FTX CEO Sam Bankman-Fried clapped back at rival Binance CEO Changpeng Zhao after the latter apparently threw shade at the billionaire via Twitter.

Benzinga

FTX Stablecoin Is In The Works, Sam Bankman-Fried Says: Here's What We Know So Far

Cryptocurrency exchange FTX is working on creating a stablecoin, or a crypto token whose value is correlated with another asset, according to the company’s CEO Sam Bankman-Fried.

Benzinga

EXCLUSIVE: Crypto Influencer Says FTX CEO A 'Devil' Trying To 'Permanently Ruin' Crypto, Bankman-Fried Tells Benzinga His Proposal Is Clear Win For DeFi

BitBoy Crypto founder and YouTuber Ben Armstrong pulled no punches as he ranted against the chief executives of Coinbase Global (NASDAQ: COIN) and FTX.

Benzinga

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Cryptocurrency firm FTX, billionaire CEO focus of Texas securities investigation

The state is looking at whether FTX is selling unregistered securities to Texans. The firm’s CEO, Sam Bankman-Fried, is a major donor to Beto O’Rourke’s campaign.

The Texas Tribune

Big Money Floods into Texas Governor’s Race

In total, Beto O’Rourke and Greg Abbott have raised $200 million.

Texas Observer

Cryptocurrency News and Price Weekly Wrap-Up For Oct. 7, 2022

Crypto News Weekly Wrap-Up: Top cryptocurrencies for Q4; Blockchain market predictions; Kim Kardashian's SEC settlement; Is bitcoin bottoming?

Investors Business Daily

Inside Sam Bankman-Fried's flirtation with Elon Musk and Twitter

The crypto billionaire ultimately walked away from Musk's deal, after offering to invest billions.

Axios

Cryptocurrency News And Price Weekly Wrap-Up For Sept. 30

Crypto News Weekly Wrap-Up: Elon Musk mulls blockchain, crypto payments in Twitter texts; Disney's crypto plans; red notice issued for crypto founder

Investors Business Daily

Ten things Elon Musk's texts reveal about the Twitter deal

A new trove of text messages between Elon Musk and Twitter Inc. executives, close friends, potential investors and Silicon Valley bros sheds light on how a $44 billion deal by the world’s richest person to buy the social media company came about — and ended up in court.

Tribune News Service

Billionaire Bankman-Fried’s FTX snaps up assets of bankrupt crypto firm Voyager Digital

Voyager had snubbed an earlier offer from FTX to purchase its assets, describing the proposal as a ‘low-ball bid dressed up as a white knight rescue.’

Evening Standard

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Benzinga

Voyager Assets, Customer Accounts To Be Acquired By FTX In $1.4B Deal

FTX US, the cryptocurrency exchange led by Sam Bankman-Fried, has won the bid to acquire Voyager Digital (OTC: VYGVQ), the latter said in a statement late Monday.

Investors Business Daily

Cryptocurrency News And Price Weekly Wrap-Up For Sept. 23

Crypto News Wrap-Up: Bitcoin and Ethereum fall; White House pushes for crypto regulations; Warren Buffett's indirect crypto investments; Coinbase denies proprietary trading; Jamie Dimon calls crypto a Ponzi scheme and more

Benzinga

Top Financial Media Stories Wednesday, September 21: Amazon's Roomba Maker Acquisition Attracts Regulatory Attention, Binance And FTX Bid For Voyager Digital's Assets, Germany Nationalizes Gas Giant Uniper To Avert Energy Crisis And More..

Wall Street Journal

Benzinga

'Everything's Down' In 2022 Not Just Crypto, FTX CEO Bankman-Fried Tells Mooch

Keading cryptocurrencies are not the only investments that are down in 2022, according to FTX CEO and co-founder Sam Bankman-Fried. “Everything’s down this year because dollars are up this year,” Bankman-Fried told SkyBridge Capital founder Anthony Scaramucci at the SALT Conference this week.

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Benzinga

Sam Bankman-Fried Welcomes Comparisons To J.P. Morgan For Crypto Bailouts: 'I Thought Was The Right Thing For The Industry'

FTX CEO Sam Bankman-Fried shared key takeaways from the recent crypto bear market and the bailing out of companies during the time. The CEO also shares what went into what companies to support and being labeled the J.P. Morgan of cryptocurrency.

Investors Business Daily

Are FTX And Alameda Research Merging Or Not?

There's conflicting reports about cryptocurrency exchange FTX absorbing the VC arm of its sister company Alameda Research.

Orlando Sentinel

Maxwell Frost poised to go from Uber driver to first Gen Z member of Congress

ORLANDO, Fla. — At any point over the past year, anyone hailing a ride on Uber in Orlando could have had a future congressman behind the wheel.

Investors Business Daily

Cryptocurrency Price And News Weekly Wrap-Up For Aug. 26, 2022

Get caught up on the latest cryptocurrency news, crypto ETFs to watch, the upcoming Bitcoin Depot IPO and more with a wrap-up for the week of Aug. 26.

Bangkok Post

The 30-Year-Old Spending $1 Billion to Save Crypto

Crypto is ailing. Sam Bankman-Fried is betting a billion dollars he can fix it.

Los Angeles Times

A young crypto billionaire's political agenda goes well beyond pandemic preparedness

In May, an eccentric 30-year-old cryptocurrency billionaire named Sam Bankman-Fried made a startling proclamation. In a podcast interview, Bankman-Fried said he would spend as much as $1 billion of his estimated $12.8-billion fortune on American politics by the 2024 election, joining the ranks of megadonors such as George Soros and…

Benzinga

'My Family's Future Is Ruined': Dozens Of Voyager Digital Customers Send Letters To Bankruptcy Judge

Jacob spent six years building his cryptocurrency portfolio to 100 Ethereum (CRYPTO: ETH) — worth around $138,000.

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