Crypto
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News
Coinbase Reaches $100 Million Settlement With New York Regulators
The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.
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News
Two Executives in Sam Bankman-Fried’s Crypto Empire Plead Guilty to Fraud
Caroline Ellison, the former chief executive of Alameda Research, and Gary Wang, a founder of FTX, are cooperating in the federal criminal case against Mr. Bankman-Fried.
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News
Elon Musk’s Succession Plan Comes with Strings Attached
The Twitter owner has said he will resign as chief executive, but it’s far from certain whether he would actually step down as the boss.
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US
Sam Bankman-Fried Said to Be in Talks With Prosecutors Over Bail Deal
Lawyers for the FTX founder are in talks about a deal that could allow him to be released on bail when he is extradited to the United States on fraud charges.
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News
Elizabeth Warren Raises Questions About Elon Musk and Twitter
In a letter to Tesla’s board, the Democratic senator asks whether investors have been harmed by the billionaire tech mogul’s time running the social network.
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News
Sam Bankman-Fried Is Expected to Agree to Extradition to the U.S.
The FTX founder, now in prison in the Bahamas, faces criminal charges that he engaged in widespread fraud since founding the cryptocurrency exchange in 2019.
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Newyork
Celebrity Crypto-Hawkers Should Get a Close Look
Remember when the actor Matt Damon pontificated about how “fortune favors the brave” people who invest with Crypto.com? Or when the director Spike Lee applauded the digital rebellion championed by Coin Cloud? Since the spectacular collapse of the ...
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News
Prosecutors Say FTX Was Engaged in a ‘Massive, Yearslong Fraud’
The lies Sam Bankman-Fried told, prosecutors say, stretched back to the very beginning. From the founding of his cryptocurrency exchange FTX in 2019, Mr. Bankman-Fried engaged in widespread fraud, the federal authorities charged on Tuesday, and used ...
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News
In FTX Collapse, Binance Sees a Chance to Become the New Face of Crypto
Sam Bankman-Fried and Changpeng Zhao were archrivals. With FTX gone, Binance, the world’s biggest crypto exchange, is trying to step into the void.
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News
FTX’s Sam Bankman-Fried Is Arrested in the Bahamas
A statement by the government of the Bahamas said Mr. Bankman-Fried was arrested after prosecutors in the United States filed criminal charges.