New York Financial News

31.12 / 17:03

FTX Ftx Trial Fried Sam Returns Sam Bankman-Fried Returns to Twitter, Denies Moving Funds in Wallets Associated with Alameda Research

Former FTX CEO Sam Bankman-Fried has returned to Twitter, denying allegations that he moved funds out of wallets associated with now-bankrupt trading firm Alameda Research.

31.12 / 14:39

FTX Ftx Trial Fried Sam NOT Sam Bankman-Fried to Plead Not Guilty to Fraud Allegations on January 3rd

Sam Bankman-Fried, the disgraced founder of collapsed cryptocurrency exchange FTX, will plead not guilty to fraud and other charges against him at his upcoming arraignment.

30.12 / 13:37

Football Influencer Andrew Tate: 'Influencer' who sparred with Greta Thunberg arrested in Romania

Andrew Tate, a divisive social media personality and former professional kickboxer, was detained in Romania late Thursday on charges of human trafficking and rape, according to local media reports.

30.12 / 11:47

Football Ukraine war: Russia launches another wave of 'kamikaze' drones overnight

Ukraine's air force said on Friday morning that Russia launched 16 "kamikaze" drones overnight at targets around the country, but air defences destroyed all of them, according to officials.

30.12 / 00:53

Twitter Career Orange Fashion designer Vivienne Westwood dies, aged 81

British fashion designer Vivienne Westwood has died, aged 81.

29.12 / 23:29

European Union Brazilian football legend Pelé dies aged 82

Pelé, the Brazilian king of football who won a record three World Cups and became one of the most commanding sports figures of the last century, died Thursday. He was 82.

29.12 / 19:05

European Union Ukraine war: New Russian naval ships; Putin-Xi meeting; and missile lands in Belarus

Multiple regions of Ukraine, including its capital Kyiv, faced a new "massive" Russian missile attack on Thursday.

29.12 / 14:01

FTX SBF Fried Sam Sam Bankman-Fried to Enter Plea in Case Alleging Fraud and Embezzlement at FTX Cryptocurrency Exchange

In another installment of Sam Bankman-Fried’s legal woes in the aftermath of the collapse of crypto exchange FTX, the platform’s co-founder is now expected to enter a plea next week related to criminal charges he defrauded investors and stole billions of dollars in customer funds.

29.12 / 07:09

business Court Stanford University Fried Sam bail Sam Bankman-Fried's life on bail: Armed guards, daily jogs and gawkers

Sam Bankman-Fried has reportedly been leading a decent lifestyle while under house arrest in his parent’s home in Palo Alto — with daily jogs, a security detail, and a couple of in-home visits.

28.12 / 13:05

FTX Ftx Trial Fried Sam Sam Bankman-Fried Spent Several Hours with 'The Big Short' Writer Michael Lewis While Under House Arrest

Michael Lewis, author of the bestseller book The Big Short, has met with Sam Bankman-Fried, the disgraced founder and former CEO of the collapsed crypto exchange FTX, at the California home where he is holed up awaiting trial.

28.12 / 04:05

business Police Court Maybe it WAS illegal: Mango Markets exploiter arrested on fraud charges

The crypto trader behind the $110 million exploit of decentralized exchange Mango Markets has been arrested in Puerto Rico — and charged with market manipulation and fraud.

27.12 / 08:59

business Twitter The New York Times Fried Community slams NYT for its latest 'sympathy piece' on FTX's Bankman-Fried

The online community including some cryptocurrency figures has condemned the latest so-called “sympathy” articles from The New York Times — written about FTX founder Sam Bankman-Fried.

26.12 / 17:09

business Cybersecurity Bitcoin reports Bitcoin mining pool BTC.com reports $3M cyberattack

Major cryptocurrency mining pool BTC.com has suffered a cyberattack resulting in a significant loss of funds by the company and its customers.

25.12 / 17:15

Adoption regulatory The 5 most important regulatory developments for crypto in 2022

2022 will surely be remembered as a year of crypto discontent — one when the price of Bitcoin crashed three times, many large companies went bankrupt and the industry experienced a series of significant lay-offs. However, it was a crucial year for crypto regulation worldwide. Although some regulatory developments are worrisome in terms of their tighter stance on digital assets, their effect could help the industry to mature in the long run.

24.12 / 18:31

Blockchain Binance regulation Bitfinex Crypto can get weird: The 5 strangest stories of the industry in 2022

From Terra to FTX, 2022 has given us many weird crypto stories. While investors have been enduring a bear market that saw the crypto industry sink below the $1 trillion market capitalization mark, adoption in the space has been growing, and old mysteries were finally solved.

24.12 / 13:41

business Law regulation FTX paid $12M retainer to a New York law firm before bankruptcy filing

Defunct crypto exchange FTX paid a retainer of $12 million to bankruptcy lawyers as security for payment of its fees and expenses amid Chapter 11 bankruptcy proceedings, shows a court filing dated Dec. 21.

24.12 / 12:53

business cryptocurrency World Fried Sam bail How Did Sam Bankman-Fried Make His $250 Million Bail?

The release this week of Sam Bankman-Fried, the disgraced cryptocurrency executive, from federal custody on a $250 million bond has raised questions about the federal bail process and why such a high-profile defendant was allowed to go free.

24.12 / 08:51

business Court Judge pulls out of SBF-FTX case citing husband's law firm's advisory link

The ongoing legal proceedings around former FTX CEO Sam Bankman-Fried (SBF) took a new turn as District Judge Ronnie Abrams withdrew her participation from the case. The United States District Court for the Southern District of New York rescued itself from the FTX case after revealing that a law firm — which employs Abrams’ husband as a partner — had advised the crypto exchange in 2021.

23.12 / 23:03

UPS Twitter FTX Fried Sam FTX Co-Founder Sam Bankman-Fried Posts $250 Million Bond, Will Remain Under House Arrest – Where is the Money From?

Disgraced former FTX CEO Sam Bankman-Fried has been released from jail after posting a $250m bond in a New York court.

23.12 / 22:51

Law regulation crimes FTX Deal Customer Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal

Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made available for the venture capital firm’s investments.

23.12 / 22:07

business VISA FTX Bankruptcy Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues

Never underestimate how quickly things can deteriorate in a sector as volatile as crypto, especially in a bear market. Prices can always go lower in the depts of crypto winter and casualties can multiply overnight. 2022 has been a year of never-ending contagion; with everyone focused on Binance, high-profile Bitcoin (BTC) miners were going bust.

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