Feb 09 FTX founder Bankman-Fried facing trial, keeps talking By Ken Sweet, Associated Press He was indicted in December and charged with perpetrating one of the biggest frauds in U.S. history — and he’s still talking, either in person or on the internet. Continue reading
Jan 18 Watch 4:43 News Wrap: Report shows new signs of easing inflation In our news wrap Wednesday, there are fresh signs that inflation is easing as U.S. wholesale prices slowed again, some major California roadways remained closed after weeks of storms and flooding and Israeli Prime Minister Benjamin Netanyahu's right-wing coalition suffered… Continue watching
Jan 18 WATCH: Justice Department announces arrest of Russian cryptocurrency founder By Eric Tucker, Josh Boak, Associated Press A Russian national who founded a cryptocurrency exchange that the Justice Department says became a haven for the proceeds of criminal activity has been arrested, federal officials said Wednesday. Continue reading
Jan 04 Cryptocurrency trading platform Coinbase to pay $100 million in settlement with New York regulators By Associated Press New York has announced a $100 million settlement with Coinbase over what state officials called significant failures in the cryptocurrency trading platform's systems for spotting potential criminal activity. Continue reading
Jan 03 Founder of cryptocurrency exchange FTX pleads not guilty to fraud By Larry Neumeister, Associated Press FTX founder Sam Bankman-Fried has pleaded not guilty in Manhattan federal court to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform. Continue reading
Dec 22 Watch 3:54 News Wrap: FTX founder charged with fraud released on $250 million bond In our news wrap Thursday, Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, was released on $250 million bond as he awaits trial on charges of fraud and money laundering, the U.S. economy is showing more signs of strength despite… Continue watching
Dec 22 Judge sets $250M bond, house arrest for Sam Bankman-Fried, founder of FTX crypto exchange By Larry Neumeister, Associated Press The cryptocurrency entrepreneur Sam Bankman-Fried is expected to make his initial U.S. court appearance Thursday on charges that he swindled investors and looted customer deposits on his FTX trading platform. Continue reading
Dec 21 FTX founder extradited to U.S. to face charges By Ken Sweet, Associated Press Sam Bankman-Fried told a Bahamian court Wednesday that he has agreed to be extradited to the U.S. to face criminal charges related to the collapse of cryptocurrency exchange FTX. Continue reading
Dec 17 Analysis: Crypto companies’ ties to sports raise ethical questions By Eddie Pells, Associated Press The bankruptcy of FTX and the arrest of its founder and former CEO are raising new questions about the role celebrity athletes such as Tom Brady, Steph Curry, Naomi Osaka and others played in lending legitimacy to the largely unregulated landscape of crypto. Continue reading
Dec 17 Watch 5:13 The effects of FTX’s collapse on the cryptocurrency industry After reaching a peak market value of $3 trillion in 2021, cryptocurrencies have spent the better part of 2022 in a tailspin fueled by scandal, financial losses and a public perception crisis. This past week, crypto firm FTX’s founder Sam… Continue watching