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. Fortune · 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. Roll Call · 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. WEKU · Dec 16, 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. Fortune · 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 The Independent UK · 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. Tribune News Service · Dec 15, 2022
At the Races: Virginia is for voters - Roll Call The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories, with some extras, in the At the Races newsletter. Roll Call · Dec 15, 2022
Seth Meyers on Sam Bankman-Fried: ‘A guy who looks the way Cheeto dust smells’ Late-night hosts discuss Sam Bankman-Fried’s arrest for alleged FTX fraud, Ron DeSantis’s vaccine conspiracies and Elon Musk’s Twitter not paying rent The Guardian - US · Dec 15, 2022
Crypto was meant to solve financial corruption. The FTX scandal shows it’s got worse The collapse of FTX should provide a wake-up call to Rishi Sunak, who has been singing the praises of cryptocurrencies, says academic and author David A Banks The Guardian - UK · Dec 15, 2022
Frost says he’ll give Bankman-Fried campaign contribution to charity ORLANDO, Fla. — Maxwell Frost, Orlando’s Democratic congressman-elect, took to social media to explain his connection to Sam Bankman-Fried, the indicted founder of cryptocurrency exchange FTX. Orlando Sentinel · Dec 15, 2022
FTX ally warned authorities days before Bankman-Fried arrest Ryan Salame told the Bahamian securities commission that funds were being used improperly The Guardian - UK · Dec 15, 2022
FTX charges may do little to bring law to crypto Wild West Charges largely center on straightforward fraud allegations, rather than getting crypto specific. Axios · Dec 15, 2022
VIDEO FOR YOU: Senate Democrats take aim at cryptocurrency EDITORS/NEWS DIRECTORS: The Independent UK · Dec 15, 2022
Investors desert Binance Thai cryptocurrency pundits are recommending investors withdraw digital assets from Binance amid a run on the world's largest crypto exchange, moving their money to a safer crypto exchange in Thailand regulated by the Securities and Exchange Commission (SEC). Bangkok Post · Dec 14, 2022
The Independent UK · Dec 14, 2022 Senate crypto hearing yields big claims, possible regulation Whether increased regulation would have prevented the spectacular collapse of cryptocurrency exchange FTX was fiercely debated at a hearing of the Senate’s banking committee Wednesday
Fortune · Dec 14, 2022 Star-studded Senate hearing illustrates massive divide over crypto in D.C. Without Sam Bankman-Fried in attendance, senators focused on the future of the volatile industry.
The Guardian - UK · Dec 14, 2022 Bitcoin has rallied. What are crypto’s true believers still smoking? FTX’s filing for bankruptcy was an existential event – and may signal the moment when grown-up thinking re-entered the room
Evening Standard · Dec 14, 2022 Sam Bankman-Fried: the crypto pioneer behind one of the largest financial frauds in history The 30-year-old is facing decades in jail after being found guilty of fraud. So how did the FTX founder end up here? Amy Francombe reports
The Guardian - US · Dec 14, 2022 Warren pushes bipartisan bill to regulate crypto firms after FTX collapse Move co-sponsored by Republican Roger Marshall aims to crack down on money laundering after arrest of Sam Bankman-Fried
The Guardian - UK · Dec 14, 2022 Binance founder insists ‘business as usual’ after $1bn pulled out in a day Changpeng Zhao calls withdrawals a ‘stress test’ as investors continue to react to FTX collapse
Fortune · Dec 14, 2022 Everyone has had enough of Gary Gensler The SEC chair’s publicity antics have worn thin. The industry deserves a real regulator.
Fortune · Dec 14, 2022 FTX’s venture investments in limbo with SBF in custody and prosecutors and lawyers circling crumbs of his crypto empire The SEC claims Sam Bankman-Fried used FTX customer funds to make venture investments.
Salon · Dec 14, 2022 Crypto: The white male privilege scam The downfall of Sam Bankman-Fried serves as a reminder of how many white male "geniuses" are just full of crap
Evening Standard · Dec 14, 2022 Sam Bankman-Fried: Arrested crypto exchange boss hugs parents as he is denied bail on fraud charges Former cryptocurrency exchange entrepreneur Sam Bankman-Fried hugged his parents as he was denied bail after being charged with “one of the biggest financial frauds in American history”.
Evening Standard · Dec 14, 2022 Who is Sam Bankman-Fried and why was the FTX founder arrested in the Bahamas? The former ’King of Crypto’ is currently behind bars