The Latest Breaking News from Sam Bankman-Fried

The UAE and Dubai are facing strong competition from The Bahamas and Nassau for the title of cryptocurrency capital of the world.

FTX, the collapsed crypto exchange founded by Sam Bankman-Fried, said it has abandoned plans to relaunch and will instead focus on liquidating assets so it can repay customers.

Bankman-Fried was expected to be prosecuted on six additional charges, including unlawful political campaign contributions, conspiracy to commit bank fraud, substantive securities and commodities fraud, conspiracy to operate an unlicensed money-transmitting business and charges of conspiracy to bribe foreign officials.

Bitcoin and other cryptocurrency prices rebounded sharply in 2023, leading many to wonder if the crypto winter is over.

‘The Government has concluded that the public interest in a prompt resolution of this matter outweighs the interest in holding a separate trial,’ DoJ writes in legal filing

Federal prosecutors have told a New York judge that they will not proceed with a second trial of FTX founder Sam Bankman-Fried on charges not in the case presented to a jury that convicted him in November

Et tu, Mutant Ape Planet?

Here’s a look back at the graduating class from the financial fraud of the century.

Fortune Crypto picks the team’s favorite non-Fortune stories of 2023.