FTX’s founder carried out a “years-long” fraud against investors who gave $1.8 billion to his cryptocurrency exchange. That’s according to a suit filed Tuesday (Dec....
Binance paused withdrawals of stablecoin USDC Tuesday (Dec. 13) as it conducted a “token swap.” “On USDC, we have seen an increase in withdrawals,” Chanpeng...
FTX founder Sam Bankman-Fried has been arrested in the Bahamas. The U.S. Attorney’s Office for the Southern District of New York (SDNY) announced the move...
The CEO of FTX said the firm’s corporate infrastructure and record-keeping had been “near-zero.” In prepared testimony that is to be delivered to the House...
Consumers are hungry for reassurance as fear, uncertainty and doubt pollute the crypto landscape. At the same time, the crypto industry is equally eager to...
The former boss of Wirecard is maintaining his innocence. Ex-CEO Markus Braun, who headed the German payments firm, is in the midst of a fraud...
Sam Bankman-Fried still thinks he can turn things around. In the FTX founder’s latest interview, given this weekend to the BBC, the one-time billionaire said...
Among those facing financial ruin from the FTX collapse: the parents of the company’s founder. That’s according to a report Monday (Dec. 12) from The...
It’s a short witness list for the House Financial Services Committee’s FTX hearing Tuesday (Dec. 13). The title of the hearing, “Investigating the Collapse of...