Prosecutors this week charged Mr. Bankman-Fried with orchestrating a $40 million bribe to Chinese officials to unfreeze funds held by his trading firm, Alameda Research.
Category: HK FTX Trading Ltd (Futures Exchange)
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Sam Bankman-Fried Pleads Not Guilty to Additional Set of Charges
The New York Times – Business: -
UBS Taps an Ex-C.E.O. to ‘Pilot’ its Takeover of Credit Suisse
The New York Times – Business:Sergio Ermotti helped the bank recover after the 2008 financial crisis, but faces a tougher task this time around.
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Sam Bankman-Fried Is Charged With Foreign Bribery
The New York Times – Business:Federal prosecutors said Sam Bankman-Fried had instructed employees to pay a $40 million bribe to one or more Chinese officials to help unfreeze trading accounts maintained by FTX’s sister company.
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Do Kwon, Crypto Fugitive, Led a Very Public Life While on the Run
The New York Times – Business:Do Kwon, the founder of the failed crypto company Terraform Labs, is facing charges by the authorities in both South Korea and the United States.
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The Younger Brother Caught in the Middle of the FTX Investigation
The New York Times – Business:The collapse of Sam Bankman-Fried’s business empire has led federal prosecutors to scrutinize his brother, Gabe, who ran a pandemic-prevention group.
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Crypto Wants Its Shine Back
The New York Times – Business:After a miserable year, cryptocurrency companies are looking for ways to rebrand products that many consumers no longer trust.
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Silicon Valley Bank Collapse Sets Off Blame Game Between Crypto and Tech
The New York Times – Business:The implosion of the Silicon Valley bank led to finger-pointing, as executives and investors jumped on the crisis for their own messaging.
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JPMorgan Is Turning On Jes Staley, Ex-Star, Over Jeffrey Epstein
The New York Times – Business:The banking giant has sued Jes Staley over what it said were failures to alert the company to all he knew about Jeffrey Epstein.
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Why Regulators Plan to Sue Over JetBlue’s Deal for Spirit
The New York Times – Business:Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns.
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Regulators Put More Pressure on Binance, the Crypto Giant
The New York Times – Business:Binance, the world’s biggest cryptocurrency exchange, faces a fresh wave of scrutiny from regulators and lawmakers.
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Why Lawmakers Aren’t Rushing to Police A.I.
The New York Times – Business:Artificial intelligence tools are proliferating throughout society, and getting more powerful. Washington has failed to keep pace.