Crypto Exchange HTX Hit by $258M Outflow After Major Hack December 11, 2023 By Sidhartha Shukla The HTX exchange, a digital-asset trading platform linked to China-born industry mogul Justin Sun, has suffered a $258 million net...
Binance Was Used to Funnel Money to Hamas, Other Militant Groups November 22, 2023 By Allyson Versprille In February 2019, Binance Holdings Ltd.’s then-Chief Compliance Officer Samuel Lim acknowledged that the cryptocurrency exchange was being used to...
US Is Seeking More Than $4 Billion From Binance to End Case November 21, 2023 By Chris Strohm, Allyson Versprille and Olga Kharif The US Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a proposed resolution...
FTX Investors Shift Focus to Celebrity Endorsers After SBF Conviction November 7, 2023 By Malathi Nayak Sam Bankman-Fried’s criminal fraud conviction came just as the FTX implosion was approaching its first anniversary. But for others who...
Ex-Crypto Mogul Sam Bankman-Fried Convicted of Multi-Billion Dollar FTX Fraud November 3, 2023 By Luc Cohen and Jody Godoy FTX founder Sam Bankman-Fried was found guilty Nov. 2 of stealing from customers of his now-bankrupt cryptocurrency exchange in one...
Bankman-Fried Acknowledges ‘Mistakes’ But Testifies He Did Not Defraud Anyone October 27, 2023 By Jody Godoy and Luc Cohen Sam Bankman-Fried, testifying in his own defense at his fraud trial on Friday, acknowledged that a “lot of people got...
Bankman-Fried Could Take Stand at Fraud Trial Over FTX Collapse October 26, 2023 By Luc Cohen Sam Bankman-Fried could take the stand at his fraud trial as soon as Thursday, when prosecutors are set to finish...
Sam Bankman-Fried’s Lawyer Says FTX Investments Were Not ‘Reckless’ October 18, 2023 By Luc Cohen FTX founder Sam Bankman-Fried’s lawyer on Tuesday said the now-bankrupt cryptocurrency exchange’s investments were not “reckless and frivolous,” pushing back...
Bankman-Fried Was ‘Math Nerd’ Who Overlooked Risk Management October 5, 2023 By Luc Cohen and Jody Godoy Sam Bankman-Fried’s lawyer laid out his defense case at his fraud trial on Oct. 4, portraying the 31-former billionaire as...
These Cryptocurrencies Are Getting Hit Hardest Under the SEC Crackdown June 13, 2023 By Sidhartha Shukla They range from the brainchild of a winner of computer science’s most prestigious award to a crypto token supporting the...