Top FTX Executive Says Sam Bankman-Fried Used Customer Money for ‘Excess’ Spending

Top FTX Executive Says Sam Bankman-Fried Used Customer Money for ‘Excess’ Spending

Nishad Singh, testifying at Mr. Bankman-Fried’s fraud trial, said FTX customer deposits were used to buy luxury real estate and to pay athletes like Tom Brady and Steph Curry for endorsement deals.
Across U.S., Chinese Bitcoin Mines Draw National Security Scrutiny

Across U.S., Chinese Bitcoin Mines Draw National Security Scrutiny

Microsoft reported one site in Wyoming because of its proximity to a data center and nuclear missile base. Records show other cryptocurrency facilities have ties to the Chinese state.
Sam Bankman-Fried’s Closest Friends Become His Foes in Courtroom Clash

Sam Bankman-Fried’s Closest Friends Become His Foes in Courtroom Clash

The FTX founder’s criminal trial has made clear just how much his inner circle has turned against him.