Crypto
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US
How a Hack of the S.E.C.’s Social Media Account Caused a Bitcoin Frenzy, Briefly
The X account of the Securities and Exchange Commission announced the approval of an investment product linked to Bitcoin. It wasn’t true.
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World
This N.Y.U. Student Owns a $6 Million Crypto Mine. His Secret Is Out.
Jerry Yu has the trappings of what the Chinese call second-generation rich. He boasts a Connecticut prep-school education. He lives in a Manhattan condominium bought for $8 million from Jeffrey R. Immelt, the former General Electric chief executive ...
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News
The Power Vacuum at the Top of the Crypto Industry
A year ago, Sam Bankman-Fried and Changpeng Zhao ran two of the largest crypto companies. As they grapple with legal woes, others are jockeying to lead the industry’s next chapter.
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News
Binance Founder Agrees to Plead Guilty to Violating Money Laundering Rules
Changpeng Zhao will pay a $50 million fine and step down as chief executive of the company he created, the latest blow to the crypto world since the implosion of FTX last year.
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News
Cryptocurrency Prices Surge, Driven by a Potential Bitcoin Fund
Investors anticipate regulatory approval of an exchange traded fund linked directly to Bitcoin, which will they hope will encourage more people to invest in the digital asset.
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News
Is Crypto Financing Terrorism?
A report that terror groups raised more than $130 million in crypto during recent years has set off a debate in Washington and finance circles.
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News
Sam Bankman-Fried Testifies That He Made ‘Larger Mistakes’ at FTX
Speaking in his own defense at his criminal trial, the FTX founder denied he had committed fraud but acknowledged missteps that hurt the cryptocurrency exchange’s customers.
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US
Crypto Influencers and ‘Degenerates’ Flock to Sam Bankman-Fried’s Trial
The presence of crypto YouTubers, podcasters and commentators at the FTX founder’s fraud trial has created something of a culture clash in the courtroom.
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News
The Places That Sam Bankman-Fried Left Behind
Before his FTX crypto exchange imploded and he went on trial for fraud, Mr. Bankman-Fried ran a global business empire spanning Berkeley, Calif., Hong Kong and the Bahamas.
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US
‘Lied to the World’ or Acted in ‘Good Faith’: Sam Bankman-Fried’s Trial Opens
Prosecutors said the FTX founder had lied to customers. Defense lawyers said he had just been trying to prevent his cryptocurrency exchange from melting down.