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Most white-collar defendants lay low, but the ex-CEO of the collapsed cryptocurrency exchange FTX has been talking, tweeting, and sending email newsletters. Those comments could come back to hurt him.
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Sam Bankman-Fried, the founder and former CEO of FTX, has been unusually talkative following the November collapse of the cryptocurrency exchange and his subsequent indictment on fraud and other charges.
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Cryptocurrencies are reeling after a miserable year that saw the collapse of companies such as FTX. A look at what lies ahead.
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For the world of crypto, 2022 started with exuberance and ended with its unofficial spokesman in handcuffs.
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The 17-year-old pooch, Kabosu, reached global recognition after social media users turned her face into a viral meme and cryptocurrency branding. Her owner says she's in a "very dangerous condition."
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The 30-year-old is in FBI custody and on his way back to the United States, the U.S. Attorney for the Southern District of New York, Damian Williams, said in a video posted to Twitter late Wednesday.
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On the South Florida Roundup, we discussed the impact of the crypto giant's collapse on the Miami Heat arena, the county's coffers and Mayor Francis Suarez's plans for the city as a crypto hub.
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Binance temporarily froze withdrawals after customers withdrew more than $1 billion worth of crypto on Tuesday, fueling fears more crypto companies could collapse.
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Sam Bankman-Fried was arrested in the Bahamas, based on a criminal indictment that was unsealed Tuesday. Authorities say he improperly diverted billions of dollars.
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During an hour-long interview at the New York Times Dealbook Summit, Bankman-Fried frequently portrayed himself as in the dark about the condition of the multi-billion dollar exchange he founded.
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BlockFi was one of the companies that FTX bailed out in recent months. Now it's a clear sign that contagion from FTX's collapse is spreading throughout the crypto industry.
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After the collapse of FTX, many are wondering if another cryptocurrency platform called Genesis will fall next.