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The Latest Breaking News from Sam Bankman-Fried

Sam Bankman-Fried was convicted of fraud following the collapse of the cryptocurrency exchange FTX. Here's what investors need to know

In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022, the crypto exchange FTX was valued at more than US$30 billion. By the middle of that month, FTX was in bankruptcy proceedings. And less than…

The Conversation

TechScape: Why Sunak’s ‘vanity jamboree’ on AI safety was actually … a success

Against the odds, world leaders agreed on a landmark declaration to bring stronger oversight to AI. Plus, Sam Bankman-Fried’s very bad week

The Guardian - UK

The problem with tech bro philanthropy

They claim altruistic motives, but billionaires’ favoured brand of do-gooding, which allows no scrutiny or pluralism, is worse than unhelpful, writes Zoe Williams

The Guardian - UK

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Elon Musk's newest scheme is an AI chatbot that is 'based and loves sarcasm'

"In some important respects, it is the best that currently exists."

PC Gamer

The problem with Sam Bankman-Fried? We wanted to believe in him

Hungry for innovation, we’re blind to hubris, misguided egos and wishful thinking, says the journalist and broadcaster Josie Cox

The Guardian - UK

OpeaSea and NFTs used to be red-hot—not these days

The flagship company of the NFT sector looks like it may be out of ideas to force a turnaround.

Fortune

Bitcoin, Ethereum, Dogecoin Mixed As Rally Hits Pause: Analyst Says Apex Crypto ‘A Brain Dead Play’ Now, Investors Lucky If They ‘Get A Dip Below This Level’

Major cryptocurrencies saw a mixed performance on Sunday evening

Zenger

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Was crypto on trial with Sam Bankman-Fried?

Binance and Coinbase are under investigation – but bitcoin was trading at highest value in a year as FTX founder convicted of fraud

The Guardian - US

It’s easy to be dazzled by the super-rich, but don’t believe that they’ll do the right thing

Silicon Valley tech showmen like Elon Musk and Sam Bankman-Fried can blind us with science. A little more scepticism would not go amiss

The Guardian - UK

Dramatic fall for Sam Bankman-Fried and ‘unkempt visionary’ persona

Jury did not believe T-shirt, cargo shorts and messy hair could prevent someone defrauding people out of billions of dollars

The Guardian - US

Bankman-Fried's trial exposed crypto fraud but Congress has not been eager to regulate the industry

The conviction of former cryptocurrency mogul Sam Bankman-Fried for stealing at least $10 billion from customers and investors is the latest black mark for the crypto industry

The Independent UK

Donald Trump Jr asked courtroom sketch artist to ‘make me look sexy’

Ex-president’s son also said he ‘should have worn makeup’ as photographers snapped his photo at the courthouse

The Independent UK

When will Sam Bankman-Fried be sentenced?

Crypto billionaire Sam Bankman-Fried faces a maximum sentence of 110 years in prison

The Independent UK

How Sam Bankman-Fried’s ex-girlfriend helped topple the crypto king

Sam Bankman-Fried is staring down 25 years behind bars after he was convicted on all charges at his fraud trial. His former girlfriend – and accomplice – Caroline Ellison played a key role in bringing him down. Martha McHardy reports

The Independent UK

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Fortune

The sorry end of Sam Bankman-Fried—and what comes next

Thursday's verdict marks the sorry end of Sam Bankman-Fried and the beginning of a new era in crypto.

The Guardian - UK

A feminist fightback, exploring the fourth dimension and a Greek odyssey – the week in art

A survey of female protest hits the Tate, the dazzling sculpture of Ghanaian artist El Anatsui and the drawings that made Genoa a Renaissance powerhouse – all in your weekly dispatch

PC Gamer

'The king of crypto' found guilty of fraud, now faces decades in prison

Former billionaire Sam Bankman-Fried will be sentenced next year.

Reason

Battle Lines Drawn

Plus: House GOP defies White House on Israel funding, Gaza City surrounded, SBF guilty, Republican under indictment seeks reelection

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news in one place.

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Fortune

Sam Bankman-Fried’s guilty verdict should be a lesson for us all

SBF’s enormous fraud was made possible with venture capital dollars.

Fortune

Cathie Wood is betting on Bitcoin, saying the ‘digital gold’ is more deflation-proof than traditional assets

Cathie Wood, CEO of ARK Invest, said she'd bet on Bitcoin over gold or cash in the next 10 years.

WEKU

Up First briefing: Voices from the West Bank; Sam Bankman-Fried convicted

Palestinians in the West Bank give their perspective on Israel's war with Hamas in Gaza. Disgraced FTX founder Sam Bankman-Fried is convicted of fraud.

Al Jazeera

What to know about the Sam Bankman-Fried trial verdict

The FTX founder has been found guilty on seven charges, and he may face decades in prison.

The Guardian - UK

First Thing: Blinken arrives in Tel Aviv to meet Netanyahu

The US secretary of state is expected to call for localized pauses in fighting to allow aid into Gaza. Plus: Nicolas Cage and the power of dreams

Evening Standard

Donald Trump Jr asks courtroom sketch artist to 'make me look sexy' in $250m civil fraud trial

Former US President's son asks courtroom artist for flattering sketch in fraud case

Fortune

FTX is bankrupt and SBF was on trial, so why are people still buying FTT tokens?

Experts say the coin likely has no long-term value, but it could prove lucrative for professional traders who can quickly flip it.

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