A group of hackers working for the ‘Dear Respected Comrade’ managed to steal $1.5 billion from the cryptocurrency site Bybit in a single ‘extremely sophisticated’ attack
The leading cryptocurrency is enjoying its best moment, having overcome price crashes, platform bankruptcies, and relentless criticism
Nicolas Puech Hermes is no longer a shareholder at the company he wanted to bequeath to his gardener. Athletes, actors, investors and businesspeople have all experienced financial freefalls, despite how much money they once had in the bank — or, how it got there
The amounts reported stolen have increased tenfold in just three years. In 2024 alone, $66 million have been swiped
A judge delivered his decision after a jury had found SBF guilty of fraud and money laundering. Prosecutors had sought 40 to 50 years for running the company ‘like he was playing Monopoly’
The former financier is facing the possibility of a lengthy sentence after being convicted of fraud and conspiracy. The sentence will be announced this Thursday
Bankman-Fried, 32, is scheduled to be sentenced in Manhattan federal court on March 28 for his November conviction on fraud and conspiracy charges
The price for the volatile asset is up almost 200% from one year ago, fueled by the anticipation and eventual regulatory approval of spot bitcoin exchange traded funds earlier this year
The planet faces tax havens, environmental crimes, corruption and cyberattacks, which continue to grow. The consequences of these activities are enormous: they increase inequality and cost people their lives
Lawyers for the U.S. bankruptcy trustee had argued that FTX’s allegations of unprecedented fraud leading to its collapse should be reviewed by a disinterested person
Cryptocurrency advocates hope the development thrusts the once niche and nerdy corner of the internet even further into the financial mainstream
The man responsible for the future of the main cryptocurrency exchange platform spoke with EL PAÍS a few weeks after agreeing to pay $4.3 billion in fines: ‘We acknowledge our mistakes, and we are moving past them’
Do Kwon (TerraLuna), Sam Bankman-Fried (FTX) and Changpeng Zhao (Binance) — once rising stars in the crypto sector — have left their leadership positions amid accusations of illegal practices
Investors began returning in large numbers as inflation started to cool. And the collapse of prominent tech-focused banks led more investors to turn to crypto as they bailed out of positions in Silicon Valley start-ups
Janet Yellen said plainly Tuesday that there is no need for new cryptocurrency rules at a news conference announcing the $4 billion settlement with Binance
The plea comes as the company agreed to pay over $4 billion as part of an agreement with the U.S. government
Bankman-Fried was found guilty on seven charges which carry potential penalties adding up to 110 years in prison, though he is likely to face far less at a sentencing set for March 28
The jury is expected to begin deliberations on Thursday. Founder FTX has been on trial on charges that he defrauded his customers and investors of billions of dollars
Assistant US attorney confronted Bankman-Fried with instances in which he’d promised customers that their assets would be safe and that they could demand those assets to be returned at any time
FTX founder has pleaded not guilty to charges accusing him of diverting billions of dollars from his clients to make risky investments, buy luxury housing, and make large political donations
Caroline Ellison testifies at the trial of Bankman-Fried, who could face decades in prison if he is convicted of charges lodged against him
On Tuesday, a prosecutor revealed that the 31-year-old crypto executive was not offered any plea deals, and there were no discussions about a possible plea since his December arrest
Ryan Salame, the former co-chief executive of FTX Digital Markets, is the fourth high-ranking official at the company or its affiliates to plead guilty to criminal charges
Bankman-Fried lost the right to remain free on bail when a judge decided two weeks ago that the fallen cryptocurrency wiz had repeatedly tried to influence witnesses against him
The lawyers made their complaints at a Manhattan federal court hearing after Bankman-Fried pleaded not guilty to seven charges he’ll face at his Oct. 3 trial
The 31-year-old California man who promoted himself as a crypto visionary before his businesses entered bankruptcy proceedings last fall is beginning his first full week in a U.S. jail
U.S. District Judge Lewis A. Kaplan ordered Bankman-Fried’s bail revoked after prosecutors said he’d tried to harass a key witness in his fraud case
