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: Virtual Currency
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Sam Bankman-Fried Pleads Not Guilty to Additional Set of Charges
The New York Times – Business: -
Binance Is Hiding U.S. Crypto Trading Activity, Regulator Says
The New York Times – Business:The C.F.T.C. wants to permanently ban the cryptocurrency exchange and its founder from commodities markets.
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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 Fugitive Do Kwon Is Arrested in Montenegro, Authorities Say
The New York Times – Business:Mr. Kwon, the entrepreneur behind the failed TerraUSD and Luna cryptocurrencies, was headed to Dubai, Montenegro’s Interior Ministry said.
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Investors Try to Parse Jay Powell and Janet Yellen’s Next Moves on Banks
The New York Times – Business:Jerome Powell, the chair of the Federal Reserve, and Treasury Secretary Janet Yellen said that more must be done to rein in banks. What that looks like is unclear.
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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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Manchester United Sale Fetches Billion-Dollar Bids
The New York Times – Business:Several bidders have emerged to buy the English soccer club, promising to pay billions to own a big piece of the world’s most popular sport.