Crypto News - LeadStory

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How cryptocurrency is funding Hamas and Hezbollah

A new front has emerged in Israel's fight against the funding of Iran-backed militant groups from Hamas to Hezbollah: A fast-growing crypto network called Tron. Israel's counter-terrorist financing authorities have seized more than a hun...

Reuters

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FTX founder Sam Bankman-Fried guilty of fraud

Former crypto mogul Sam Bankman-Fried was convicted Thursday of defrauding his FTX customers out of billions of dollars, in one of the biggest financial frauds on record, with Manhattan's top prosecutor saying the case should serve as a ...

Reuters

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Sam Bankman-Fried testifies in his fraud trial

FTX founder Sam Bankman-Fried testified at his fraud trial, without the jury present, that lawyers at his now-bankrupt cryptocurrency exchange were involved in key decisions at the heart of the case, as he sought to distance himself from...

Reuters

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Sam Bankman-Fried to testify in his FTX fraud trial

In a surprise move, Sam Bankman-Fried will take the stand at his own fraud trial. The FTX founder faces decades in prison on charges related to collapse his digital-asset empire.

Bloomberg

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Bitcoin hits $35,000 for first time since 2022

Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May of last year.

Bloomberg

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Sam Bankman-Fried knew about shortfall, trial hears

Sam Bankman-Fried directed that money from his Alameda Research hedge fund be used to make political donations after he learned the fund owed $13 billion to customers of his FTX cryptocurrency exchange, a former executive has testified.

Reuters

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Will Sam Bankman-Fried take the stand?

After two weeks watching his closest friends detail the collapse of his FTX crypto exchange, Sam Bankman-Fried's lawyers have now raised the possibility of their client testifying in his own trial.

Bloomberg

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Sam Bankman-Fried faces ex-girlfriend Caroline Ellison in court

Caroline Ellison, the former chief executive officer of Alameda Research, told a New York court that Sam Bankman-Fried told her to commit crimes that led up to the collapse of the cryptocurrency exchange FTX.

Bloomberg

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FTX trial centers on Bankman-Fried's ex-girlfriend

Caroline Ellison, the former chief executive officer of Alameda Research and Sam Bankman-Fried's former girlfriend, quickly became the focal point of the FTX founder's fraud trial in New York.

Bloomberg

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Key questions emerge in Bankman-Fried trial

Jurors in the trial of FTX founder Sam Bankman-Fried heard from both sides for the first time on Wednesday, receiving dueling portrayals of key events and players involved in what prosecutors have called a multibillion-dollar fraud that ...

Reuters

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Trial begins in Sam Bankman-Fried's FTX fraud case

A jury has been selected for the largest fraud trial in American history. FTX founder Sam Bankman-Fried faces up to 20 years in prison if convicted.

Bloomberg

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Bankman-Fried's fraud trial begins in New York

Sam Bankman-Fried's fraud trial got underway with jury selection on Tuesday (October 3), nearly a year after his now-bankrupt cryptocurrency exchange's collapse shocked markets and tattered his reputation.

Reuters

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Crypto on trial, as Sam Bankman-Fried faces fraud charges

Thirty-one-year-old Sam Bankman-Fried heads to trial in New York in what prosecutors say is one of the largest fraud cases in U.S history. He is accused of misusing money made from his cryptocurrency exchange, FTX, ultimately leading to ...

Al Jazeera

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Explained: The case against Sam Bankman-Fried

Former FTX Co-Founder Sam Bankman-Fried is charged with seven counts of fraud and money laundering, a case that has been going on for nearly a year.

Bloomberg

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Reports Bankman-Fried tried to stop Donald Trump from running

It's been revealed that Sam Bankman-Fried, the CEO of FTX crypto exchange, explored the idea of offering former President Donald Trump a substantial sum of money to dissuade him from running for president again. The proposition is detail...

Ticker News

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Crypto exchange Coinbase wins key Singapore license

Coinbase, the world’s largest cryptocurrency exchange, won a key license in Singapore on Monday, allowing it to operate in one of Asia’s biggest crypto hubs. The license, issued by Singapore’s central bank, will allow Coinbase to offer d...

Reuters

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FTX founder Sam Bankman-Fried's U.S trial explained

Sam Bankman-Fried is going on trial on fraud charges in New York starting October 3. This comes nearly a year after FTX, the cryptocurrency exchange he founded, collapsed and declared bankruptcy. The 31-year-old is accused of stealing bi...

Reuters

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FTX sues Bankman-Fried's parents over missing millions

Bankrupt crypto exchange FTX, sued the parents of founder Sam Bankman-Fried, saying that Stanford professors Joseph Bankman and Barbara Fried used the company to enrich themselves at the expense of FTX's customers.

Reuters

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Two years of bitcoin in El Salvador

In September 2021, the small Central American country of El Salvador was the first to make the cryptocurrency Bitcoin legal tender. It has had mixed results. Tourism is up, but it seems not many people actually use it.

Al Jazeera

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Former FTX exec Ryan Salame pleads guilty

Ryan Salame, a former executive at now bankrupt cryptocurrency exchange FTX and top lieutenant to the company's founder, Sam Bankman-Fried, pleaded guilty to making tens of millions of dollars in unlawful campaign donations to boost caus...

Reuters

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Stolen FTX funds used for political donations

Sam Bankman-Fried used money he stole from customers of his FTX cryptocurrency exchange to make more than $100 million in political campaign contributions before the 2022 U.S. midterm elections, federal prosecutors said on Monday.

Reuters

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FTX accused of trying to buy island nation of Nauru

Bankrupt FTX Trading's latest lawsuit against co-founder Sam Bankman-Fried says the FTX Foundation FTX's nonprofit arm pursued projects that were "frequently misguided and sometimes dystopian," like a plan to purchase the tiny island nat...

Bloomberg

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FTX sues founder Sam Bankman-Fried to recoup funds

FTX Trading on Thursday (July 20) sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more than $1 billion they allegedly misappropriated before FTX went bankrupt.

Reuters

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Crypto king kidnapping video emerges

Video has emerged of self-described crypto king Aiden Pleterski apologizing to investors while he was badly injured from a kidnapping last year. Four people have been arrested over the kidnapping and torturing of the 24-year-old.

CBC News

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Alarming rise in cryptocurrency scams

Criminals are cashing in on a growing scam which is costing hundreds of millions of dollars in Britain. Detectives are alarmed by rising cryptocurrency fraud. Legal experts are calling for stricter international regulation of digital cur...

Al Jazeera

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US sues Binance over 'web of deception'

The world's largest crypto exchange Binance and its CEO Changpeng Zhao operated a "web of deception" that included artificially inflating its trading volumes and diverting customer assets, the U.S. Securities and Exchange Commission alle...

Reuters

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Department of Justice investigating Binance over Russian customers

The U.S. Department of Justice is conducting an inquiry into whether Binance allowed Russian customers to access the exchange. This is in violation of U.S. sanctions related to Russia's invasion of Ukraine. The exchange has repeatedly...

Ticker News

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Ted Cruz 'incredibly bullish' on Bitcoin

U.S. Senator Ted Cruz has revealed he is "incredibly bullish on Bitcoin", calling it the "alpha in the crypto sphere". Cruz has previously made headlines when he proposed that Capitol Hill accept cryptocurrencies. This would have require...

Ticker News

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The future of blockchain & crypto

Justin Sun, founder of Tron, discusses the growth of the TrueUSD stablecoin, the lawsuits in the industry and his outlook for his business. He speaks exclusively on Bloomberg Television.

Bloomberg

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The logic behind Bitcoin's 'halving'

CS Labs 21 CEO and former BitPay CCO Sonny Singh joins Caroline Hyde and Ed Ludlow to discuss why he believes in the logic behind Bitcoin's halving, and how investors' mood has changed in the crypto world following the banking crisis.

Bloomberg