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WEATHER ALERT

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FTX


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FTX co-founder gets no prison time after cooperating in case against Sam Bankman-Fried

Read full article: FTX co-founder gets no prison time after cooperating in case against Sam Bankman-Fried

An apologetic FTX co-founder has been sentenced to no time in prison after a prosecutor and a judge praised his cooperation against Sam Bankman-Fried and his efforts to recover money for victims of the cryptocurrency fraud.

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Caroline Ellison begins 2-year sentence for her role in Bankman-Fried's FTX fraud

Read full article: Caroline Ellison begins 2-year sentence for her role in Bankman-Fried's FTX fraud

A former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire has begun her two-year prison sentence.

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Tearful Caroline Ellison gets 2 years in prison over her role in FTX fraud

Read full article: Tearful Caroline Ellison gets 2 years in prison over her role in FTX fraud

A former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire has been sentenced to two years in prison for participating in what a prosecutor said was one of the largest recent financial frauds in U.S. history.

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Sam Bankman-Fried's lawyers claim in an appeal that he was judged too quickly

Read full article: Sam Bankman-Fried's lawyers claim in an appeal that he was judged too quickly

Lawyers for Sam Bankman-Fried have filed an appeal claiming that the imprisoned FTX founder was the victim of a rush to judgment by a public that wrongly believed he was guilty before he was even arrested.

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Key witness in trial of FTX founder Sam Bankman-Fried seeks no prison time at upcoming sentencing

Read full article: Key witness in trial of FTX founder Sam Bankman-Fried seeks no prison time at upcoming sentencing

Caroline Ellison, a former top executive in FTX founder Sam Bankman-Fried's collapsed cryptocurrency empire, is seeking no prison time at her sentencing later this month.

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Ryan Salame, part of the 'inner circle' at collapsed crypto exchange FTX, sentenced to prison

Read full article: Ryan Salame, part of the 'inner circle' at collapsed crypto exchange FTX, sentenced to prison

A federal judge has sentenced former FTX executive Ryan Salame to more than seven years in prison.

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A timeline of the collapse at FTX

Read full article: A timeline of the collapse at FTX

FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will receive the money back that they are owed, two years after its monumental collapse.

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A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX

Read full article: A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX

Sam Bankman-Fried, the former CEO of the cryptocurrency exchange FTX was sentenced to 25 years in prison after being convicted of fraud for stealing at least $10 billion from customers and investors.

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The Bankman-Fried verdict, explained

Read full article: The Bankman-Fried verdict, explained

Sam Bankman-Fried co-founded the FTX crypto exchange in 2019 and quickly built it into the world’s second most popular place to trade digital currency.

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Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud

Read full article: Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud

Federal prosecutors are asking a New York judge to sentence FTX founder Sam Bankman-Fried to between 40 and 50 years in prison for cryptocurrency crimes they described as a “historic fraud.”.

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FTX founder Sam Bankman-Fried convicted of defrauding cryptocurrency customers

Read full article: FTX founder Sam Bankman-Fried convicted of defrauding cryptocurrency customers

A New York jury has convicted FTX founder Sam Bankman-Fried of fraud charges.

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Prosecutor cites 'pyramid of deceit' by Sam Bankman-Fried; Defense lawyer says he's no monster

Read full article: Prosecutor cites 'pyramid of deceit' by Sam Bankman-Fried; Defense lawyer says he's no monster

In a closing argument, a prosecutor told a New York jury to follow overwhelming evidence and the “pyramid of deceit” that FTX founder Sam Bankman-Fried constructed to conclude he's guilty of fraud charges.

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Prosecutor takes aim at Sam Bankman-Fried's credibility at trial of FTX founder

Read full article: Prosecutor takes aim at Sam Bankman-Fried's credibility at trial of FTX founder

A prosecutor has attacked the credibility of Sam Bankman-Fried's testimony at his fraud trial, confronting him over whether he was truthful during his public appearances after FTX filed for bankruptcy last year.

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FTX founder Sam Bankman-Fried acknowledges in court that customers were hurt but denies fraud

Read full article: FTX founder Sam Bankman-Fried acknowledges in court that customers were hurt but denies fraud

FTX founder Sam Bankman-Fried finished his first day of testimony at his fraud trial after saying the innovative business he had hoped would move the cryptocurrency ecosystem forward ended up hurting customers instead.

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Sam Bankman-Fried plans to testify at his New York fraud trial, his lawyer says

Read full article: Sam Bankman-Fried plans to testify at his New York fraud trial, his lawyer says

A lawyer for Sam Bankman-Fried says the FTX founder plans to testify at his fraud trial.

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Caroline Ellison, saying Sam Bankman-Fried corrupted her values, found relief when truth came out

Read full article: Caroline Ellison, saying Sam Bankman-Fried corrupted her values, found relief when truth came out

Sam Bankman-Fried's former top executive has blamed the FTX founder of corrupting her values so that she could lie and steal and create false balance sheets.

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Sam Bankman-Fried stole customer funds from the beginning of FTX, exchange's co-founder tells jury

Read full article: Sam Bankman-Fried stole customer funds from the beginning of FTX, exchange's co-founder tells jury

Sam Bankman-Fried authorized the illegal use of FTX customers’ funds and assets to plug financial gaps at an affiliated hedge fund from the exchange’s earliest days, FTX’s co-founder Gary Wang told a New York jury on Friday, as prosecutors pressed their case that Bankman-Fried was the mastermind behind one of the biggest frauds in U.S. history.

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FTX co-founder testifies against Sam Bankman-Fried, saying they committed crimes and lied to public

Read full article: FTX co-founder testifies against Sam Bankman-Fried, saying they committed crimes and lied to public

FTX's co-founder has begun to tell a New York jury that he and Sam Bankman-Fried committed financial crimes and lied to the public before the cryptocurrency trading platform collapsed last year.

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Jury sees FTX ads with Tom Brady, Larry David, as fraud case is rolled out against Sam Bankman-Fried

Read full article: Jury sees FTX ads with Tom Brady, Larry David, as fraud case is rolled out against Sam Bankman-Fried

Splashy advertising featuring football star Tom Brady and comedian Larry David was shown to jurors as prosecutors launched a historic fraud case against cryptocurrency maven Sam Bankman-Fried.

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Jury selection begins in trial of fallen cryptocurrency mogul Sam Bankman-Fried

Read full article: Jury selection begins in trial of fallen cryptocurrency mogul Sam Bankman-Fried

Sam Bankman-Fried's trial on charges that he defrauded thousands of customers and investors in his FTX digital coin exchange began with a full day of jury selection.

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Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook

Read full article: Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook

For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.

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Testimony from Sam Bankman-Fried's trusted inner circle will be used to convict him, prosecutors say

Read full article: Testimony from Sam Bankman-Fried's trusted inner circle will be used to convict him, prosecutors say

Prosecutors say they'll use testimony from FTX founder Sam Bankman-Fried's “trusted inner circle” of former executives at his collapsed cryptocurrency empire against him at an October trial.

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Judge sends FTX founder Sam Bankman-Fried to jail, says crypto mogul tampered with witnesses

Read full article: Judge sends FTX founder Sam Bankman-Fried to jail, says crypto mogul tampered with witnesses

FTX founder Sam Bankman-Fried has been sent to jail after a bail hearing in New York City.

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FTX founder Sam Bankman-Fried's lawyers say attempt to jail him before trial is wrong

Read full article: FTX founder Sam Bankman-Fried's lawyers say attempt to jail him before trial is wrong

Lawyers for FTX founder Sam Bankman-Fried say prosecutors are wrong to seek his detention prior to trial because their arguments are based on “innuendo, speculation, and scant facts.”.

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Sam Bankman-Fried should be jailed until trial, prosecutor says, citing bail violations

Read full article: Sam Bankman-Fried should be jailed until trial, prosecutor says, citing bail violations

A prosecutor has asked a judge to immediately jail FTX founder Sam Bankman-Fried, saying he violated his bail conditions by releasing information meant to harass a key witness against him.

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Sam Bankman-Fried could face 2 criminal trials, with prosecution on some charges delayed until 2024

Read full article: Sam Bankman-Fried could face 2 criminal trials, with prosecution on some charges delayed until 2024

FTX founder Sam Bankman-Fried may face two criminal trials after a federal judge granted a request by prosecutors to delay a trial on some of the charges until next year.

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Prosecutors say Sam Bankman-Fried's arguments to dismiss cryptocurrency charges are meritless

Read full article: Prosecutors say Sam Bankman-Fried's arguments to dismiss cryptocurrency charges are meritless

New York prosecutors say Sam Bankman-Fried's lawyers made meritless arguments in a bid to convince a judge to toss out criminal charges alleging that the FTX founder stole from investors in his multibillion dollar cryptocurrency fund.

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FTX founder Bankman-Fried charged with paying $40M bribe

Read full article: FTX founder Bankman-Fried charged with paying $40M bribe

A new indictment charges FTX founder Sam Bankman-Fried with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business.

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FTX's Bankman-Fried faces new charges in updated indictment

Read full article: FTX's Bankman-Fried faces new charges in updated indictment

FTX founder Sam Bankman-Fried faces additional fraud charges in a rewritten indictment that was unsealed in New York federal court.

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Judge suggests jail to limit FTX founder's communications

Read full article: Judge suggests jail to limit FTX founder's communications

A federal judge is showing growing impatience with FTX founder Sam Bankman-Fried's use of the internet while on bail, suggesting that incarceration might eventually be the most effective way to prevent him from communicating on electronic devices in ways that can’t be traced.

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FTX founder's bail signatories include 2 family friends

Read full article: FTX founder's bail signatories include 2 family friends

Two Stanford University academics signed on to FTX founder Sam Bankman-Fried's $250 million bail package, enabling him to live with his parents while awaiting trial on fraud charges.

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Sam Bankman-Fried summoned to NYC by judge over bail rules

Read full article: Sam Bankman-Fried summoned to NYC by judge over bail rules

FTX founder Sam Bankman-Fried has been ordered to return to a New York courtroom Thursday after the judge assigned to his fraud case said he's communicating with others in ways the government can't monitor.

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Year after 'Crypto Bowl,' crypto ads vanish from big game

Read full article: Year after 'Crypto Bowl,' crypto ads vanish from big game

Cryptocurrency companies grabbed the spotlight during the 2022 Super Bowl, with commercials from a handful of newcomers to advertising’s biggest stage: FTX, Coinbase, Crypto.

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FTX founder heads to court after judge rejects bail request

Read full article: FTX founder heads to court after judge rejects bail request

FTX founder Sam Bankman-Fried will be in a New York courtroom Thursday for a bail-related hearing despite his lawyers claims that they've settled their differences with prosecutors.

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FTX's Sam Bankman-Fried, DOJ tussle over his communications

Read full article: FTX's Sam Bankman-Fried, DOJ tussle over his communications

Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering in a criminal case accusing him of bilking investors and customers.

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Crypto firms acted like banks, then collapsed like dominoes

Read full article: Crypto firms acted like banks, then collapsed like dominoes

Over the past few years, a number of companies have attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets.

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Bankman-Fried's lawyers say car hit barricade outside home

Read full article: Bankman-Fried's lawyers say car hit barricade outside home

A car with three occupants recently drove into a barricade outside the California home owned by Sam Bankman-Fried’s parents.

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'The money is gone': Bahamas tries to turn page after FTX

Read full article: 'The money is gone': Bahamas tries to turn page after FTX

At a recent celebration of Christmas in the Bahamas, Bishop Lawrence Rolle sang about a half dozen songs, mostly Afro-Caribbean gospel songs.

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FTX founder Sam Bankman-Fried pleads not guilty to fraud

Read full article: FTX founder Sam Bankman-Fried pleads not guilty to fraud

FTX founder Sam Bankman-Fried has pleaded not guilty in Manhattan federal court to charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform.

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FTX founder Bankman-Fried allowed $250M bond, house arrest

Read full article: FTX founder Bankman-Fried allowed $250M bond, house arrest

Cryptocurrency entrepreneur Sam Bankman-Fried has left Manhattan federal court after his parents signed a $250 million personal recognizance bond.

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Wyoming bullishly courts crypto, even after collapse of FTX

Read full article: Wyoming bullishly courts crypto, even after collapse of FTX

For decades, Wyoming has sought to escape the boom-and-bust cycles of its fossil-fuel-driven economy.

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Associates of FTX founder plead guilty to criminal charges

Read full article: Associates of FTX founder plead guilty to criminal charges

A federal prosecutor says two associates of Sam Bankman-Fried have pleaded guilty to criminal charges in cooperation deals related to the collapse of the cryptocurrency exchange FTX.

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Hearing on FTX founder's extradition to US set for Wednesday

Read full article: Hearing on FTX founder's extradition to US set for Wednesday

Sam Bankman-Fried will have a hearing Wednesday in a Bahamian court on his possible extradition U.S. in the coming days to face criminal charges related to the collapse of cryptocurrency exchange FTX.

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FTX founder agrees to extradition to US, attorney says

Read full article: FTX founder agrees to extradition to US, attorney says

Sam Bankman-Fried may be ready to come to the U.S. to face criminal charges related to the collapse of cryptocurrency exchange FTX following a chaotic court appearance in the Bahamas.

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Senate crypto hearing yields big claims, possible regulation

Read full article: Senate crypto hearing yields big claims, possible regulation

Whether increased regulation would have prevented the spectacular collapse of cryptocurrency exchange FTX was fiercely debated at a hearing of the Senate’s banking committee Wednesday.

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FTX’s Bankman-Fried charged by US for ‘scheme’ to defraud

Read full article: FTX’s Bankman-Fried charged by US for ‘scheme’ to defraud

U.S. prosecutors charged Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, with a host of financial crimes on Tuesday, alleging he played a central role in the collapse of FTX and hid its problems from the public and investors.

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BlockFi seeks protection as FTX collapse rattles crypto

Read full article: BlockFi seeks protection as FTX collapse rattles crypto

Cryptocurrency lender BlockFi is filing for Chapter 11 bankruptcy protection as the fallout from the collapse of FTX continues.

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$740M in crypto assets recovered in FTX bankruptcy so far

Read full article: $740M in crypto assets recovered in FTX bankruptcy so far

The company tasked with locking down the assets in the failed cryptocurrency exchange FTX said they’ve managed to recover and secure $740 million in assets so far, a fraction of the potential billions that is likely missing from bankrupt company’s coffers.

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Exec who cleaned up Enron calls FTX mess "unprecedented"

Read full article: Exec who cleaned up Enron calls FTX mess "unprecedented"

The new CEO of the collapsed cryptocurrency trading firm FTX, who oversaw Enron’s bankruptcy, said he has never seen such a “complete failure” of corporate control.

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Jaguars QB Trevor Lawrence among famous names sued in FTX crypto collapse, report says

Read full article: Jaguars QB Trevor Lawrence among famous names sued in FTX crypto collapse, report says

Jaguars quarterback Trevor Lawrence is among a host of Hollywood and sports celebrities named as defendants in a class-action lawsuit against cryptocurrency exchange FTX, according to a report from USA Today’s JagsWire.

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Tom Brady, Larry David, other celebrities named in FTX suit

Read full article: Tom Brady, Larry David, other celebrities named in FTX suit

A host of Hollywood and sports celebrities including Larry David and Tom Brady were named as defendants in a class-action lawsuit against cryptocurrency exchange FTX, arguing that their celebrity status made them culpable for promoting the firm’s failed business model.

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House panel to hold hearing on crypto exchange FTX collapse

Read full article: House panel to hold hearing on crypto exchange FTX collapse

Lawmakers plan to investigate the failure of FTX, the large crypto exchange that collapsed last week and filed for bankruptcy protection, leaving investors and customers staring at losses that could total in the billions of dollars.

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Fed's top financial regulator urges 'guardrails' for crypto

Read full article: Fed's top financial regulator urges 'guardrails' for crypto

The top U.S. banking regulator at the Federal Reserve is urging Congress to pass legislation that would impose regulation on crypto currencies.

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EXPLAINER: What's happening at bankrupt crypto exchange FTX?

Read full article: EXPLAINER: What's happening at bankrupt crypto exchange FTX?

Problems mounted over the weekend for collapsed cryptocurrency exchange FTX, which was struggling to account for money that went missing hours after it filed for bankruptcy.

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F1 team Mercedes suspends sponsorship deal with FTX

Read full article: F1 team Mercedes suspends sponsorship deal with FTX

Formula One team Mercedes says it has suspended its sponsorship deal with FTX, one of the world’s largest crypto exchanges.

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Crypto exchange giant FTX collapses, files for bankruptcy

Read full article: Crypto exchange giant FTX collapses, files for bankruptcy

Embattled cryptocurrency exchange FTX, short billions of dollars, is seeking bankruptcy protection following its collapse this week.

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CEO of FTX crypto exchange buys big stake in Robinhood

Read full article: CEO of FTX crypto exchange buys big stake in Robinhood

The CEO of cryptocurrency exchange FTX has bought a 7.6% stake in Robinhood Markets.

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