Sam Bankman-Fried Found Guilty in Crypto Trial
Sam Bankman-Fried is guilty on all seven federal charges in his criminal trial for defrauding customers of his crypto exchange out of billions of dollars with his crypto empire, jurors…
Crypto Exchanges, Not Just FTX, Are All a Mess Right Now
Photo: Benjamin Girette (Getty Images) The founders of cryptocurrency exchanges face a mountain of regulatory challenges and billions in personal losses. Binance CEO Changpeng Zhao personally lost $12 billion this year…
SBF Finally Testifies in Court With No Jurors Present
FTX founder Sam Bankman-Fried testified in his fraud trial Thursday with no jury present. In his testimony, he acknowledged that Alameda was being used as a payment processor for FTX,…
FTX Reportedly Has 3 Bidders Vying to Restart Its Crypto Exchange
Photo: mundissima (Shutterstock) FTX Trading is examining restarting the crypto exchange with three bidders, according to a Bloomberg report Tuesday. This comes nearly one year after the company filed for…
SBF Considered Raising Emergency Capital From a Saudi Crown Prince, Caroline Ellison Testifies
Photo: Bloomberg (Getty Images) Sam Bankman Fried allegedly entertained a plan to raise capital from Saudi Crown Prince Mohammed bin Salman, according to former Alameda CEO Caroline Ellison in her…
SBF’s Stanford Professor Parents Allegedly Used ‘Veneer of Legitimacy’ to Make Off With Millions From FTX
Barbara Fried, the 71-year-old mother of disgraced FTX founder Sam Bankman-Fried (SBF) once described herself as her son’s “partner in crime of the noncriminal sort.” A new lawsuit filed by…
SEC Hunts Fines Austin Mahone and Soulja Boy Over Crypto Promotion
L to R: Soula Boy in the music video for “Crank That (Soulja Boy)“ in 2007 and Austin Mahone in the music video for “Mmm Yeah” in 2014.Screenshot: Gizmodo Soulja…
CoinDesk Cuts a Reported 45% of Staff Ahead of Potential Sale
Image: Sharaf Maksumov (Shutterstock) The finger-on-the-pulse and Polk Award-winning crypto news media company CoinDesk is in dire straits. The website has reportedly laid off 45% of its staff as parent…
Former Amazon Security Engineer Arrested and Charged with Hacking Crypto Exchange
A top cybersecurity pro for Amazon appears to be in deep trouble. Federal prosecutors say Shakeeb Ahmed used his hacking skills to steal $9 million in assets from a cryptocurrency…
Should’ve Said No: Taylor Swift Reportedly Did Sign a Deal With FTX
Image: John Medina (Getty Images) While news of the FTX cryptocurrency exchange’s crumbling castle has come and gone, there is a new wrinkle in the tale involving one of the…