Cryptocurrency
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FTX’s Bankman-Fried to agree to U.S. extradition in about-face after hearing -source
Sam Bankman-Fried has decided to agree to be extradited to the United States to face fraud charges, a person familiar with the matter said on Monday, just hours after the FTX founder’s lawyer told a …
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FTX founder Bankman-Fried in custody after fraud charges, bail denied
A Bahamian judge denied FTX founder Sam Bankman-Fried bail on Tuesday, hours after U.S. prosecutors accused the 30-year-old of misappropriating billions of dollars and violating campaign laws in what…
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Investors in shock as Binance halts withdrawals of major USDC stablecoin
Binance, the world’s biggest crypto exchange, said on Tuesday it had “temporarily paused” withdrawals of the major stablecoin USDC. “On USDC, we have seen an increase in withdrawals,” Binance’s chief…
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Former FTX CEO Bankman-Fried arrested in Bahamas after U.S. files charges
FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of U.S. prosecutors on Monday, the day before he was due to testify before Congress about the abrupt failure last month of one …
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U.S. Justice Dept is split over charging Binance as crypto world falters, sources say
Splits between U.S. Department of Justice prosecutors are delaying the conclusion of a long-running criminal investigation into the world’s largest cryptocurrency exchange Binance, four people famili…
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FTX founder Sam Bankman-Fried is said to face market manipulation inquiry by U.S. prosecutors – NYT
U.S. federal prosecutors are investigating whether FTX’s founder Sam Bankman-Fried manipulated the market for two cryptocurrencies this May that led to their collapse and resulted in the implosion of…
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FTX founder Sam Bankman-Fried insists he ‘didn’t ever try to commit fraud’
Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestions of fraud in his first public appearance since his company’s collapse …
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Crypto.com boss to answer questions on YouTube after transaction errors
Singapore-based crypto exchange said its chief executive will go live on YouTube on Monday to answer questions around some transactions on the platform that had sparked speculation and fund withdrawa…
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Visa has terminated global debit card agreements with FTX
Visa Inc, the world’s largest payments processor, said on Sunday it was severing its global credit card agreements with collapsed crypto exchange FTX. “The situation with FTX is unfortunate and we ar…
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At least $1bn of client funds missing at failed crypto firm FTX – sources
At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange’s founder Sam Bankman-Fried secretly transferred…