Investment firm Proof Group may be aiming to revive the bankrupt crypto exchange FTX. Proof Group is one of three bidders vying to reboot trading on FTX,...
House of cards, web of lies, and now “pyramid of deceit.” Those are all terms used to describe Sam Bankman-Fried’s multibillion-dollar FTX crypto empire, the...
Four of Sam Bankman-Fried’s closest friends have testified against him in his criminal trial. Over the better part of four weeks, U.S. prosecutors have brought...
Federal prosecutors rested their case against accused financial fraudster Sam Bankman-Fried on Thursday (Oct. 26). Now, nearly a full calendar year since his multibillion-dollar crypto...
FTX founder Sam Bankman-Fried is reportedly planning to testify in his own fraud trial. Bankman-Fried’s attorney revealed that information in a conference call Wednesday (Oct. 25), according to...
It was tears, not fireworks, for Caroline Ellison’s second day of testimony Wednesday (Oct. 11). The former Alameda Research CEO fought back sobs describing to...
Despite losing millions when FTX collapsed, some investors still believe in the promise of cryptocurrency. As CNBC reported Monday (Oct. 2) — in advance of a documentary on the...
Expectations weren’t very high for Coinbase Global this most recent quarter. The company continues to face very significant risks on the regulatory front within the...