Disgraced crypto boss Sam Bankman-Fried to walk back decision to fight extradition, report says Bankman-Fried potentially faces prison sentence of over 100 years The Independent UK · Dec 19, 2022
Sen. Sherrod Brown leaves possibility of crypto ban open as momentum builds for stronger regulation "Crypto doesn’t get a free pass because it’s bright and shiny," said the Senate banking chairman Sunday. Fortune · Dec 18, 2022
Ira Winderman: FTX fiasco has Heat’s Haslem feeling pain of others This was not an interview Udonis Haslem wanted to be having, making that clear immediately. Tribune News Service · Dec 18, 2022
Former FTX CEO Sam Bankman-Fried to reverse decision on contesting extradition Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition to the United States, where he faces fraud charges, a person familiar with the matter said. ABC News · Dec 18, 2022
Sam Bankman-Fried will now reverse his decision to fight extradition to the U.S.: Report The FTX founder was arrested on Monday in the Bahamas and denied bail, with the judge deeming him a flight risk. Fortune · Dec 17, 2022
Exclusive-Sam Bankman-Fried to reverse decision on contesting extradition Former FTX Chief Executive Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition to the United States, where he faces fraud charges, a person familiar with the matter said on Saturday. Reuters · Dec 17, 2022
Why were the media hypnotised by Sam Bankman-Fried? Credulous or ignorant interviewers made it easier for the disgraced crypto wunderkind to pull the wool The Guardian - UK · Dec 17, 2022
Crypto's ties to sports raise ethical questions Sports fans who view their favorite players as role models might think twice before taking their financial advice, too The Independent UK · Dec 17, 2022
In balmy Puerto Rico, diehards shrug off the crypto winter: ‘We’re not worried’ Blockchain aficionados have long flocked to the island for its favorable tax laws. But as the industry wobbles, local residents are pushing back The Guardian - US · Dec 17, 2022
Fraud, cons and Ponzi schemes: did Sam Bankman-Fried use Madoff tactics? The fallen crypto mogul is fighting off accusations he followed a similar playbook to Madoff – and deceived investors in the process The Guardian - US · Dec 17, 2022
The Weekly Wrap for Saturday, 17 December 2022 This man needs little introduction. He's a scoundrel who drank his own bath water. A gambling exemplar of modern techno-capitalism. And if we lived in a just society, Sam Bankman-Fried would be TIME magazine's Person of the Year. inkl Originals · Dec 17, 2022
Cathie Wood’s ARK Invest is bingeing on Bitcoin, Coinbase, and Tesla even as other investors have fled all three this year She believes that the FTX fiasco will strengthen Coinbase and Bitcoin, and that Tesla is on “automatic pilot” toward huge growth. Fortune · Dec 16, 2022
More Texans give away campaign donations from Sam Bankman-Fried and other FTX affiliates Earlier this month, The Texas Tribune reported that Beto O’Rourke had given back a $1 million donation that Bankman-Fried had donated to his campaign. The Texas Tribune · Dec 16, 2022
Democrats set aside donations from ex-FTX CEO Bankman-Fried The three primary committees charged with electing Democrats are setting aside more than $1 million in donations from disgraced crypto mogul Samuel Bankman-Fried this election cycle The Independent UK · Dec 16, 2022
Tribune News Service · Dec 16, 2022 US regulators warn about risks of deeper crypto-Wall Street ties The top U.S. financial regulators are worried about the prospect of deeper ties between digital-asset firms and Wall Street.
The Independent UK · Dec 16, 2022 US trustee, media challenging secrecy in FTX bankruptcy Attorneys for the U.S. bankruptcy trustee and several major media outlets are challenging an effort by cryptocurrency exchange FTX to withhold names of the company’s customers and creditors from the public
Fortune · Dec 16, 2022 Is Binance okay? Events this week had the crypto industry on edge The crypto market jitters about Binance this week were likely overblown—but there are still reasons to be concerned about the health of the world's biggest crypto exchange.
The Guardian - UK · Dec 16, 2022 Binance auditor withdraws from working with crypto company World’s largest cryptocurrency exchange, which has been hit by $6bn of withdrawals this week, seeks replacement for Mazars
The Guardian - UK · Dec 16, 2022 From Musk to Truss, 2022 was the year reckless populists came crashing down to Earth Revolutionaries who claim to bring down corrupt systems have proved that orthodoxy exists for a reason, says Guardian columnist Gaby Hinsliff
Fortune · Dec 16, 2022 The biggest deals, scandals, bets, and M&A breakups from a truly memorable year All the notable deal news as told through a year of Term Sheets.
Roll Call · Dec 16, 2022 Bankman-Fried made Agriculture panel members focus of campaign support Sam Bankman-Fried and other FTX employees put House and Senate Agriculture panel members at the focus of campaign spending and donations.
WEKU · Dec 16, 2022 Binance was once FTX's rival and possible savior. Now it's trying not to be its sequel Binance temporarily froze withdrawals after customers withdrew more than $1 billion worth of crypto on Tuesday, fueling fears more crypto companies could collapse.
Fortune · Dec 15, 2022 Shaq distances himself from crypto, despite once being a paid spokesperson for FTX “A lot of people think I’m involved, but I was just a paid spokesperson for a commercial,” O’Neal said, referring to his association with the failed cryptocurrency exchange FTX.
The Independent UK · Dec 15, 2022 Lawmakers quick to unload FTX founder's contributions Lawmakers who eagerly accepted piles of cash from Samuel Bankman-Fried now can’t move fast enough to offload contributions from the disgraced crypto mogul to anywhere but their own campaign coffers
Tribune News Service · Dec 15, 2022 FTX political contributions flowed to Texans in both parties in 2022 midterm elections WASHINGTON — Two super PACs associated with disgraced cryptocurrency tycoon Samuel Bankman-Fried pumped more than $2.7 million into a Dallas congressional race, helping Democrat Jasmine Crockett top a crowded primary field and coast to election last month.