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FTX lawyers accuse Sam Bankman-Fried of financing his criminal defense with $10 million in misappropriated funds
A lawsuit against Sam Bankman-Fried alleges the indicted former FTX CEO has been financing his criminal defense with $10 million in company funds.
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A Husband Hid $500,000 in Bitcoin During a Divorce — and Got Busted by a Crypto Hunter
Financial infidelity has become increasingly sophisticated, as investors “hop” coins across blockchains and sink their cash into metaverse properties.
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Drugs, Guns and Crypto Seized, 288 Arrested, in ‘Unprecedented' Dark Web Crackdown
Operation SpecTor took down the darknet site Monopoly Market and resulted in the arrests of 288 suspects who sold drugs and other goods for crypto.
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SEC Charges Tron Founder Justin Sun, Celebrities Lindsay Lohan, Jake Paul With Crypto Violations
The SEC unveiled charges against diplomat Justin Sun for fraud and securities violations, while charging celebrity backers including Jake Paul and Lindsay Lohan.
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More Than $70 Billion Wiped Off Crypto Market in 24 Hours as Bitcoin Drops 8% Below $20,000
A number of issues are weighing on cryptocurrency markets including a sell-off in U.S. stocks and issues at Silicon Valley Bank. Bitcoin fell below $20,000.
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Paul Pierce Settles with SEC for $1.4 Million
The Securities and Exchange Commission has reached a settlement for $1.4 million with NBA Hall of Famer Paul Pierce over allegations that he unlawfully touted crypto securities
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SEC Charges Celtics Legend Paul Pierce With Failing to Disclose He Was Paid to Promote Crypto
The company involved, EMAX, is the same crypto security product the SEC charged Kim Kardashian with unlawfully touting.
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For Super Bowl Ads This Year, Crypto Is Out, Booze Is in
The hottest ticket in town for advertisers is officially sold out. Fox said Monday that in-game ads for Super Bowl LVII have all been sold. The big game between the Kansas City Chiefs and the Philadelphia Eagles takes place on Sunday. The Super Bowl is advertising’s biggest stage, with advertisers jockeying to get their products in front of the more...
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Feds Seize Almost $700 Million of FTX Assets in Sam Bankman-Fried Criminal Case
Federal prosecutors seized nearly $700 million in cash and assets connected to Sam Bankman-Fried, primarily in the form of Robinhood shares.
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Florida Judge Terminates FTX's Naming-Rights for Miami Heat Arena
The naming rights deal between FTX and Miami-Dade County has been terminated by a federal bankruptcy court. The move allows the collapsed cryptocurrency exchange’s brand to be stripped from the arena where the NBA’s Miami Heat play. The order means that before long all FTX signage and advertising at the arena will be removed. That will be a massive undertaking....
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FTX Founder Sam Bankman-Fried Will Fly From Bahamas to U.S. Wednesday to Face Criminal Charges
Sam Bankman-Fried is set to return to the U.S., where he faces multiple criminal charges tied to the collapse of his crypto exchange FTX.
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FTX Founder Bankman-Fried Waives Extradition in Court Hearing
Disgraced FTX founder Sam Bankman-Fried arrived at a courthouse in the Bahamas Monday for an extradition hearing.
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FTX Founder Bankman-Fried Sent Back to Bahamas Jail in Day of Courtroom Chaos
Sam Bankman-Fried is returning to a Bahamian prison after demanding to see a copy of his federal indictment.
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Shaq Distances Himself From Crypto and FTX Collapse: ‘I Was Just a Paid Spokesperson'
Shaquille O’Neal says he doesn’t believe in crypto, a month after being named in a class-action lawsuit against now-bankrupt cryptocurrency exchange FTX.
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US Officials Urge Potential FTX Victims and Accomplices to Come Forward
One day after FTX founder Sam Bankman-Fried was arrested on charges of wire fraud and conspiracy to misuse customer funds, U.S. officials detailed plans to continue their investigation and efforts to make victims whole. “To anyone who participated in wrongdoing at FTX … I would strongly encourage you to come see us before we come see you.”
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FTX Founder Sam Bankman-Fried Indicted on 8 Criminal Charges After Bahamas Arrest
Founder and former CEO of cryptocurrency exchange FTX Sam Bankman-Fried was indicted on eight criminal charges Tuesday after being arrested in the Bahamas on Monday.
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Former FTX CEO Faces Criminal Charges Over Alleged Scheme to Defraud Cryptocurrency Investors
Sam Bankman-Fried was charged with eight counts, ranging from wire fraud to money laundering to conspiracy to commit fraud on the U.S.
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FTX Founder Sam Bankman-Fried Arrested in the Bahamas After U.S. Files Criminal Charges
Sam Bankman-Fried’s arrest is the first concrete move by regulators to hold individuals accountable for the multibillion-dollar implosion of FTX last month.
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Ex-FTX CEO Says He Did Not ‘Knowingly' Misuse Millions of Dollars in Customer Funds
The former CEO of the failed cryptocurrency exchange FTX says that he did not “knowingly” misuse customers’ funds.
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$477M Vanishes From Bankrupt Crypto Firm FTX
Collapsed cryptocurrency trading firm FTX is confirming there was unauthorized access to its accounts just hours after the company filed for bankruptcy protection.