OKX to Transfer $157 Million in Frozen Assets Linked to FTX and Alameda Research

financemagnates.com p> OKX, the second-biggest crypto trading platform by trading volumes, has recently announced that it is preparing to transfer $157 million in frozen assets linked to the…

Mike Novogratz says he's shocked US regulators are cracking down on crypto and not AI: "The government's got it completely upside-down"

yahoo.com None Mike Novogratz says he's shocked US regulators are cracking down on crypto, but turning a blind eye to AI. • None "It is dumb to think that we should cache this…

Sam Bankman-Fried Gave His Father $10 Million From an Alameda Loan, Says Report

beincrypto.com The defense for disgraced FTX boss Sam Bankman-Fried is being paid from money the former billionaire gifted his father in 2021. Bankman-Fried reportedly gave his father a…

FTX Founder Suffers Personal Nightmare as Courts Cut Him Off From League of Legends

futurism.com It's game over for SBF — literally. Disgraced cryptocurrency exchange CEO Sam Bankman-Fried just moved into a new circle of personal house-arrest hell. Until now, the former…

SBF is Paying His Legal Fees Using Alameda’s Money: Report

cryptopotato.com Buried in a mountain of charges from the Justice Department, Former FTX CEO Sam Bankman-Fried (SBF) is reportedly paying his legal fees with money gifted to his father that…

Why Binance is the latest crypto exchange to get in trouble with the government

vox.com Binance, the world’s largest cryptocurrency exchange, is dealing with some major uncertainty after getting hit with a lawsuit from the US’s Commodity Futures Trading…

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

bitcoin.com According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds…

Crypto Crackdown: Here Are All The Major Crypto Firms Facing Charges From Regulators This Year

forbes.com The cryptocurrency trading platform Beaxy announced Wednesday it will shut down after it was charged by the Securities and Exchange Commission, which alleged the company…

US and South Korea requested extradition of Terra co-founder Do Kwon

cointelegraph.com Authorities from both the United States and South Korea have made efforts to have Terra co-founder Do Kwon extradited to their respective countries following his arrest in…

FTX: Bankman-Fried request to pay legal bills ‘unfair’ and ‘inequitable’

theblock.co It would be "unfair" and "inequitable" to let former FTX CEO Sam Bankman-Fried "drain" a $10 million company insurance policy to pay his legal bills, lawyers for troubled…

Beaxy Crypto Exchange Shutters Amid SEC Actions

pymnts.com Cryptocurrency firm Beaxy has suspended operations amid criminal charges by U.S. regulators. The Securities and Exchange Commission (SEC) accused Beaxy and several of its…

Sam Bankman-Fried reportedly paying legal bills with Alameda funds gifted to his dad

nypost.com Disgraced FTX founder Sam Bankman-Fried is purportedly paying for his expensive legal defense using money from a “multi-million-dollar gift” he gave to his father – with…

Sam Bankman-Fried is reportedly paying his lawyers with a 'multi-million dollar gift' to his dad through Alameda

businessinsider.com Sam Bankman-Fried is using a "multi-million dollar gift" to his father to help pay his legal costs, Forbes reported. Lev Radin/Pacific Press/LightRocket via Getty Images Sam…

Sam Bankman-Fried is paying for legal defense using previously gifted funds from Alameda: Report

cointelegraph.com Former FTX chief executive officer Sam Bankman-Fried, also known as SBF, is reportedly funding the legal team defending him against federal charges with millions of dollars…

U.S. SEC charges crypto firm Beaxy, several executives for registration failures

theglobeandmail.com The U.S. Securities and Exchange Commission (SEC) charged crypto firm Beaxy.com and several executives for registration failures on Wednesday, expanding regulators’ push to…

How Is Sam Bankman-Fried Paying His Lawyers? Here's Shocking Insight into Funding Source

u.today SBF's prior gift donation to his father might be his only way to pay his legal fees now With many media outlets confirming that FTX founder Sam Bankman-Fried (SBF) lost all…

Crypto Exchange Beaxy Shuts Down Amid SEC Charges

forbes.com The Securities and Exchange Commission charged cryptocurrency trading platform Beaxy on Wednesday for failing to register as a securities exchange, and alleged the company’s…

US regulator sues Beaxy in expanded crypto crackdown, as platform shuts down

reuters.com The U.S. Securities and Exchange Commission (SEC) charged crypto firm Beaxy.com and several executives for registration failures on Wednesday, expanding regulators' push to…

Sam Bankman-Fried Is Using Alameda Funds to Pay for His Legal Bills: Report

cryptobriefing.com Bitget Becomes the First Centralized Exchange to Offer Financial Transparen... Sam Bankman-Fried claimed to have only $100,000 to his name in the immediate aftermath of the…

Why Crypto Philanthropy Continues to Outperform the Market

coindesk.com To those on the outside looking in, the industry was getting pummeled. After months of prices trending downward, as the market felt like it was getting its sea legs back,…

5 things to know before the stock market opens Wednesday

cnbc.com The market is in a transitional period. The Fed pushed through its latest rate hike, while indicating that it may pull back from its hawkish tightening regime. Turmoil in…

SEC Chair Gary Gensler Must Testify Before Congress, Says Rep. Tom Emmer

yahoo.com Minnesota Representative Tom Emmer called out Securities and Exchange Commission Chairman Gary Gensler on Sunday, demanding that the official speak before Congress about his…

3 Things That Will 'Continue to Plague Bitcoin': Steve Hanke

u.today Professor of Applied Economics at Johns Hopkins University in the United States, Steve Hanke, who is a vocal Bitcoin opponent, has taken to Twitter to share why he does not…

Sam Bankman-Fried Faces New Charge For Bribing Chinese Officials With $40 Million

newsbtc.com FTX co-founder and former CEO, Sam Bankman-Fried, is facing yet another criminal charge, this time for allegedly bribing Chinese government officials with $40 million worth…

Binance customers pulled more than $1 billion the day US authorities slammed the crypto giant with a lawsuit

businessinsider.com Binance customers pulled more than $1 billion from the exchange on the day the CFTC filed its recent lawsuit, according to data from Nansen. SOPA images Binance saw $1.3…

Bankman-Fried allegedly bribed Chinese official with $40 million

nbcnews.com Former FTX founder Sam Bankman-Fried allegedly bribed at least one Chinese government official with a $40 million payment to unfreeze accounts associated with his firm…

Sam Bankman-Fried’s Lawyers Are Being Paid With Multi-Million Dollar ‘Gift’ Funds

watcher.guru Charges against Sam Bankman-Fried have been piling up lately. Just a day back, he was charged with bribing a Chinese official. In fact, as reported earlier today, the FTX…

FTX founder Bankman-Fried charged with paying $40 million bribe

cbsnews.com FTX founder Sam Bankman-Fried was charged with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business in…

Binance faces legal battle as US regulator gets ready to rumble

forkast.news In this issue Binance: In the dock Do Kwon: Journey’s end Hong Kong crypto: State-sanctioned From the editor’s desk Dear Reader, It’s a rare thing when corporate…

UBS shakeup, chipmaking cheer, SBF bribery charge

investing.com Investing.com -- UBS sends for its own private Superman, two big chipmakers see an improvement in their fortunes (as does Lululemon) and stocks are back where they were…

The bank crisis threatens to spark a credit crunch as Main Street banks pull back

businessinsider.com Top of the morning, team. Phil Rosen here. I have a quick favor to ask — we're looking to highlight the best up-and-comers in the world of sell-side equity research. Is…

FTX founder Sam Bankman-Fried charged with paying $40m bribe to Chinese official

euronews.com FTX founder Sam Bankman-Fried has been charged with directing $40 million (€36.86 million) in bribes to one or more Chinese officials to unfreeze assets relating to his…

Starbucks, Disney, Now UBS. Why Investors Love a CEO Comeback

barrons.com FTX’s Sam Bankman-Fried faces a foreign bribery charge, Alibaba’s six-way split could inspire other tech giants, and other news to start your day.

SBF played 'League of Legends' so much he was gaming during a pitch meeting. Now his lawyers say there'll be no more online games for the crypto king

businessinsider.com Sam Bankman-Fried is known to be an avid "League of Legends" player. • He's said to have played it at a pitch meeting, and says he's been gaming while under house arrest. •…

Sam Bankman-Fried Charged With Bribing Chinese Officials

youtube.com Sam Bankman-Fried faces a new charge as US prosecutor accuse him of bribing Chinese officials to unfreeze accounts at ...

FTX’s Bankman-Fried Accused of $40m Bribe to China Officials

asiafinancial.com US prosecutors hit FTX crypto exchange founder Sam Bankman-Fried with a new charge on Tuesday – paying a $40 million bribe to Chinese officials to unfreeze his hedge fund’s…

Galaxy Digital CEO Says The Gov’t Should Be Scared Of AI And Not Crypto

bitcoinist.com Galaxy Digital held its Fourth Quarter 2022 Shareholder Update Conference Call on March 28, during which CEO Mike Novogratz addressed a variety of pressing issues impacting…

SBF Charged with Paying $40M Bribe to Chinese Officials

coinspeaker.com Coinspeaker SBF Charged with Paying $40M Bribe to Chinese Officials The United States Department of Justice (DoJ) has unveiled a new indictment against former FTX CEO Sam…

How Many Years Will Sam Bankman-Fried Stay Behind Bars if Found Guilty?

watcher.guru Less than a day back, FTX founder Sam Bankman-Fried was charged for bribing a Chinese official. In a new indictment, the U.S. Department of Justice alleged that he paid $40…

What Sam Bankman-Fried’s revised bail terms entail

ambcrypto.com Sam Bankman-Fried’s lawyers and prosecutors have agreed upon modified bail terms for the disgraced CEO. • The revised terms include a cell phone for SBF with no internet…

Morning Bid: Alibaba fires up market mood

reuters.com A look at the day ahead in European and global markets from Anshuman Daga Just as investor angst over U.S. and European banking troubles eases, the potential end of China's…

Beijing’s big bailouts

acast.com JP Morgan CEO Jamie Dimon will testify about his bank’s relationship with Jeffrey Epstein, the Middle East is enjoying an IPO boom, China has expanded its bailout lending as…

First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?

coindesk.com First, Binance was sued by the CFTC over alleged regulatory violations regarding its derivatives products. Next, Sam Bankman-Fried faces another indictment regarding…

Sam Bankman-Fried Bribed Chinese Officials With $40 Million, Alleges DOJ

cryptopotato.com Former FTX boss Sam Bankman-Fried (SBF) has been slapped with another lawsuit from the Department of Justice (DOJ) for sending millions of dollars in bribe money to Chinese…

FTX Collapse: Sam Bankman-Fried Loses His Smartphone

thestreet.com The former crypto king's bail terms have just been tightened by the judge in charge of his case. The case against Sam Bankman-Fried continues to grow and grow. Bit by bit,…

Crypto Crisis: A Timeline of Key Events

wsj.com The crisis roiling the crypto industry captured public attention with the collapse of FTX this past November and the arrest soon after of the exchange’s founder, Sam…

US charges Sam Bankman-Fried with bribing Chinese officials

theguardian.com US prosecutors on Tuesday unveiled a new indictment against Sam Bankman-Fried, accusing the founder of now-bankrupt FTX cryptocurrency exchange of conspiring to bribe…

U.S. charges FTX's Bankman-Fried with paying $40 million Chi…

aol.com U.S. prosecutors on Tuesday unveiled a new indictment against Sam Bankman-Fried, accusing the founder of the now-bankrupt FTX cryptocurrency exchange of paying a $40 million…

Sam Bankman-Fried charged in U.S. with bribing Chinese officials

latimes.com On Tuesday, Sam Bankman-Fried is accused in new indictment of paying a $40-million bribe to unlock frozen crypto in China. Sam Bankman-Fried was charged with bribing Chinese…

Business Highlights: Fed reviews banking rules; Apple

washingtonpost.com Fed official: Bank rules under review in wake of SVB failure WASHINGTON — The Federal Reserve’s bank supervisors warned Silicon Valley Bank’s management as early as the fall…

Daily Crunch: Zoom’s new AI-powered features include whiteboard generation and meeting summaries

techcrunch.com To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Tuesday Crunch! To meet the…

Sam Bankman-Fried accused of paying US$40 million bribe to Chinese official

forbes.com.au Sam Bankman-Fried allegedly directed a roughly $40 million bribe to one or more Chinese government officials to unfreeze cryptocurrency assets held in the country by his…

The CFTC’s Binance move has observers wondering what comes next

theblock.co Binance was just accused of undermining its own compliance program and operating illegally in the U.S. in a stunning, and stunningly detailed, 74-page lawsuit. Industry…

US prosecutors file a new indictment against SBF, accusing him of ordering an Alameda payment of $40M+ in cryptocurrency to bribe Chinese government officials

reuters.com U.S. prosecutors on Tuesday unveiled a new indictment against Sam Bankman-Fried, accusing the founder of the now-bankrupt FTX cryptocurrency exchange of paying a $40 million…