#SAMBANKMANFRIED News

Trump's hush money trial makes big money for professional line-standers

aol.com Some moms get flowers for Mothers Day; Paige Singh got to see Donald Trump on trial. The Bay Area mom, in town from California to accompany her husband on business, snagged…

The Regret Zone

dcs.megaphone.fm On episode 142 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Packy McCormick, founder of Not Boring, to discuss: the AI space, tech…

Feds Charge Chinese Nationals in $73 Million 'Pig Butchering' Crypto Scam

decrypt.co Two Chinese nationals were charged with orchestrating a large-scale cryptocurrency scam that netted at least $73 million in laundered funds, the U.S. Department of Justice…

Watch: Sam Bankman-Fried’s sentencing marks an end to the FTX saga

techcrunch.com After a lengthy trial and conviction, we finally learned how long former crypto baron Sam Bankman-Fried will be behind bars: up to 25 years. It’s a lengthy sentence, but one…

‘Soak my Deck’ captain Sam Trabucco sails in for Ryan Salame

protos.com No one seems to know the whereabouts of Sam Trabucco, the once-CEO of Alameda Research who purchased a multi-million dollar yacht named ‘Soak My Deck’ after Alameda…

How FTX’s $16bn creditor cash payouts could help offset Mt. Gox’s crypto firesale

dlnews.com FTX forking over as much as $16 billion in cash payouts to creditors could drive crypto prices higher at year-end and help offset selling pressures caused by other…

SBF’s prison sentence marks the end of the crypto grift era

techcrunch.com On Thursday, a federal judge sentenced former FTX CEO Sam Bankman-Fried to 25 years in prison after he was found guilty on seven charges of wire fraud and money-laundering.…

Pro-XRP Lawyer John Deaton Blasts Warren and SEC Over Crypto Regulation

coingape.com John Deaton, a prominent pro-XRP lawyer, has issued a strong critique of the SEC and Senator Elizabeth Warren, accusing them of prioritizing political agendas over investor…

MIT grads’ $25 million crypto crime puts spotlight on Ethereum front-running

fortune.com If you graduate from the Massachusetts Institute of Technology with elite computer skills, you can make great money working for a tech company—or even more money working on…

A former Facebook and Nike DEI manager got 5 years in prison for stealing $5 million to fund her luxury lifestyle

aol.com None A former Facebook and Nike diversity manager was sentenced to five years in prison for wire fraud. • None Barbara Furlow-Smiles admitted to stealing over $5 million…

Will FTX’s customers be repaid?

economist.com In the days after the fall of his crypto exchange, Sam Bankman-Fried opened a Google Doc and began to type. Beneath the title “probably bad ideas” he listed potential…

Former FTX Exec Ryan Salame Requests 18 Months Prison Sentence

cryptopotato.com The lawyers of Ryan Salame, a former executive of the bankrupt cryptocurrency exchange FTX, who pleaded guilty to his role in the firm’s collapse, have requested that a…

Sam Bankman-Fried Traded In His $35 Million Mansion In The Bahamas For A Prison Cell With 35 Inmates But Claims "He Did Not Do Anything Wrong"

finance.yahoo.com Formerly disgraced FTX CEO and Co-Founder Sam Bankman-Fried was convicted in November of wire fraud, money laundering and conspiracy, and sentenced to 25 years in prison.…

Ryan Salame Faces Sentencing in FTX Fraud Case: Defense Pleads for Leniency

coinpedia.org Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010.…

Former FTX Executive Ryan Salame Seeks 18-Month Sentence, Citing Cooperation and Remorse

cryptonews.com Ryan Salame, a former executive at FTX who pleaded guilty to election fraud charges in September, is requesting leniency from the court in the form of an 18-month sentence.…

Binance’s Changpeng Zhao sentenced to four months for breaking US banking law

dlnews.com Binance co-founder Changpeng Zhao, better known as “CZ,” was sentenced to four months in federal prison Tuesday for violating US banking laws. Under Zhao, Binance failed to…

Bitcoin ETFs are off to a bad start. Will things improve?

economist.com The path to approval for the first bitcoin exchange-traded funds (etfs) was long and arduous. Applications appeared before regulators in 2013, when the price of a bitcoin…

Crypto Is an Election Issue This Year. Is That a Good Thing?

coindesk.com An online survey conducted by blockchain conglomerate Digital Currency Group found that more than 20% of voters in several swing states consider crypto to be a key issue in…

Empire Newsletter: It’s memecoins all the way down

blockworks.co Memecoins show the way What are brand-new projects to do in such a topsy-turvy market, one that’s either teetering on the brink of altcoin season or about to veer off into…

Why FTX is different from other crypto bankruptcies

blockworks.co FTX is nearing the end of its bankruptcy proceedings almost two years after initiating the process. This comes just a few months after its founder, Sam Bankman-Fried, was…

Punters pile into bets on length of CZ jail time

dlnews.com Bettors put slim chances on Changpeng Zhao avoiding jail time. Odds of Binance’s co-founder and former CEO spending time in prison are 75%. The convicted executive is just…

Telegram CEO claims rival Signal has ties to US government

theregister.com Telegram CEO Pavel Durov issued a scathing criticism of Signal, alleging the messaging service is not secure and has ties to US intelligence agencies. There is no evidence…

Former L.A. Mayor Antonio Villaraigosa joins cryptocurrency company Coinbase as advisor

latimes.com Antonio Villaraigosa, who was the mayor of Los Angeles for eight years, is joining the cryptocurrency firm Coinbase as a policy advisor, the company said Tuesday. Former Los…

DeFi Analyst Breaks Down Issues with WorldCoin (WLD) Unlock Schedule

beincrypto.com Crypto trader DeFiSquared shared a comprehensive analysis of the Worldcoin project and its native token—WLD. Their analysis delves into concerns about the project that Sam…

Cryptoverse: Retail traders sit out bitcoin rally

finance.yahoo.com What's happened to the army of retail traders who used to drive bitcoin's biggest rallies? U.S. crypto exchange Coinbase reported just $56 billion in consumer trading…

US prosecutors seeking 3-year jail term for Binance's Changpeng Zhao

euronews.com Prosecutors in the US are seeking a 3-year prison sentence for Binance founder Changpeng Zhao ahead of his sentencing for money laundering. Prosecutors in the United States…

Tether CEO Responds To Brad Garlinghouse’s Comments

bitcoinist.com In a recent podcast interview, Ripple’s CEO Brad Garlinghouse stated that Tether, the largest Stablecoin issuer by market share, is next on the US government’s target list.…

Bitcoin To $150,000? Former Trump Ally, SkyBridge Founder Anthony Scaramucci Predicts Top Crypto Will More Than Double In Price

benzinga.com Anthony Scaramucci, SkyBridge Capital founder and former ally of ex-President Donald Trump, joined Benzinga's PreMarket Prep Monday morning to discuss the current market…

The big question that’s hanging over the $26bn FTX payout

dlnews.com A version of this story appeared in our The Guidance newsletter on May 13. Sign up here. FTX expects to scrape together up to $16 billion to return to creditors. That’s a…

Changpeng Zhao has ‘nothing else to do’ during jail time so may write a book

protos.com Jailed former Binance CEO Changpeng Zhao says he may use his upcoming four months of ‘quiet time’ to write a book on his tenure as the leader of the world’s biggest crypto…

Binance Founder CZ Hints at Writing His Own Book Amid Legal Troubles

coinpedia.org The post Binance Founder CZ Hints at Writing His Own Book Amid Legal Troubles appeared first on Coinpedia Fintech News Former Binance CEO Changpeng Zhao (CZ) hints at…

DOJ Appoints Consulting Firm for Three-Year Monitoring Role of Crypto Exchange Binance: Report

dailyhodl.com The U.S. Department of Justice (DOJ) has reportedly appointed a London-based consulting firm to serve as an outside monitor for Binance after the world’s largest crypto…

SBF’s Prison Currency: Rice Bags for Trade, Says First Interview

cryptopotato.com Disgraced FTX founder Sam Bankman-Fried revealed that he hasn’t experienced abuse and doesn’t “feel unsafe.” The only time he feels bothered is during the night when they…

Wytham Abbey put up for sale for £15m by effective altruism group EVF

theguardian.com It was pitched as the place where the world’s leading technologists, scientists and philosophers would gather to figure out how effective altruism and artificial…

Changpeng "CZ" Zhao Hints at Writing Own Book

cryptotimes.io Changpeng “CZ” Zhao, the former head of Binance, has hinted he may write a book spilling all the details while serving jail time. Zhao, who quit as Binance’s CEO in November…

Debugging tech journalism

niemanlab.org This piece was originally published by the nonprofit Asterisk Magazine, “a quarterly journal of clear writing and clear thinking about things that matter.” In November, a…

Sam Bankman-Fried Maintains Innocence While Subsisting On Rice And Beans In Prison

bitcoinist.com Sam Bankman-Fried (SBF), the once-revered wunderkind of the cryptocurrency world, has traded his penthouse for a prison dorm. Following his conviction for orchestrating a…

Former Digitex Futures Exchange CEO Pleads Guilty to Violating Bank Secrecy Act

cryptopotato.com Founder and former CEO of Digitex Futures Exchange, Adam Todd, has pleaded guilty to willingly leading the firm to fail to establish an Anti-Money Laundering (AML) program.…

Coinbase Wars On on Bankless

bankless.com Despite Crypto's hopes and expectations that the SEC's case would get tossed, with the SEC will instead continue following a court decision that allowed most claims to…

US DOJ Appoints Forensic Risk Alliance to Monitor Binance

beincrypto.com The US Department of Justice (DOJ) has selected the consulting firm Forensic Risk Alliance (FRA) to oversee Binance. This development follows Binance’s guilty plea to…

Crypto Nonprofit To Support Industry-Friendly Candidates

bitcoinist.com The November US elections could become a major event for the crypto industry as the government’s crackdown on the sector has created an unclear and uncertain landscape for…

Binance Under Surveillance of US Justice Dept’s Monitor Forensic Risk Alliance

coingape.com The U.S. Department of Justice (DOJ) selected consulting firm Forensic Risk Alliance (FRA) as monitor of the world’s largest crypto exchange Binance Holdings Ltd over top…

Sam Bankman-Fried Believes He Was Set Up to Be the Fail Guy

observers.com Sam Bankman-Fried recently had his first interview from the Metropolitan Detention Center in Brooklyn with journalist William D. Cohan. This wasn’t their first meeting; they…

Sam Bankman-Fried, Commodities Trader Behind Bars: Former FTX CEO’s Prison Life While Awaiting Appeal

cryptonews.com Since his imprisonment for fraud, Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, spoke to the media for the first time on May 9. Sentenced…

Crypto Nonprofit’s PAC Seeks to Rally 440,000 Members for Pro-Crypto Politicians’ Support

coinspeaker.com Coinspeaker Crypto Nonprofit’s PAC Seeks to Rally 440,000 Members for Pro-Crypto Politicians’ Support The cryptocurre­ncy nonprofit organization with a large membership of…

Sports gambling is taking a cue from Wall Street, and it could be a problem for sportsbooks

businessinsider.com Ethan Miller/Getty Images This post originally appeared in the Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Happy Friday! Dust off…

Stand With Crypto by Coinbase Launches PAC Ahead of U.S. Elections to Support Pro-Crypto Politicians

coinpedia.org Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010.…

Behind Bars: Sam Bankman-Fried Talks Prison Life, FTX, and Legal Battles

beincrypto.com In a rare glimpse behind the Metropolitan Detention Center (MDC) iron gates, Sam Bankman-Fried (SBF) shared the stark realities of prison life. The once high-flying CEO of…

Crypto Nonprofit Launches PAC to Support Pro-Crypto Politicians in 2024 Elections

benzinga.com A cryptocurrency nonprofit has launched a political action committee (PAC) with the intent to support crypto-friendly politicians in the 2024 House and Senate elections.…

Exclusive Prison Chat With Sam Bankman Fried

coinpedia.org The post Exclusive Prison Chat With Sam Bankman Fried appeared first on Coinpedia Fintech News In an exclusive interview, Sam Bankman discussed his conditions in prison and…

BlockFi Shuts Down Web Platform, Partners Coinbase for Customer Payout

coinspeaker.com Coinspeaker BlockFi Shuts Down Web Platform, Partners Coinbase for Customer Payout The crypto le­nder BlockFi is closing its platform, marking a significant shift in the…

SBF maintains his innocence as he trades rice in jail

cointelegraph.com FTX co-founder Sam Bankman-Fried gave his first in-person media interview since being locked up, saying he’s gotten “good at faking” that he’s doing well.

FTX says it will return money to most of its customers

npr.org FTX says it will return money to most of its customers FTX says that nearly all of its customers will receive the money back that they are owed, two years after the…

Sam He Is: An Exclusive Prison Chat With S.B.F

puck.news On Tuesday afternoon, I found myself in the most unusual circumstances—sitting on a small plastic chair at a cramped table in the Metropolitan Detention Center, the federal…