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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.
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Miami-Dade, Heat Cutting Ties With FTX Following Crypto Exchange Bankruptcy
Miami-Dade County and the Miami Heat announced Friday they will be terminating their business relationship with FTX following the news the cryptocurrency exchange will be filing for bankruptcy.
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Construction of Navarro County Bitcoin Mining Site Met by Protesters
A groundbreaking was held Tuesday for what is being touted as the largest bitcoin mining facility in the world.
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Bill Murray Raised Nearly $200,000 Worth of Crypto for Charity—a Hacker Stole It Almost Immediately
A hacker stole nearly $200,000 worth of crypto that actor Bill Murray raised during an NFT auction for charity. Here’s how to protect your digital collectibles.
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SEC Charges 11 People in Alleged $300 Million Crypto Ponzi Scheme
SEC charges 11 people in alleged $300 million crypto Ponzi scheme
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Which Countries Allow Crypto and Which Ones Ban It?
Cryptocurrencies aren’t legal everywhere. Some countries ban it outright, while others have a variety of regulations in place. In some places, it’s partially banned. Go inside the world of crypto legality with LX News storyteller Peter Hull.
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Bitcoin Drops as Much as 17%, Falling Below $23,000 as $200 Billion Wiped Off Crypto Market Over the Weekend
Factors including rampant inflation and an imminent interest rate hike from the U.S. Federal Reserve, along with an issue at Celsius, are behind the sell-off.
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Senators Introduce Bipartisan Bill to Regulate Cryptocurrencies
Wide-ranging legislation unveiled Tuesday would regulate cryptocurrencies and other digital assets following a series of high-profile busts and failures.
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Why Are Crypto Companies Flocking to Texas?
Texas has made itself the most welcoming state for crypto and blockchain companies. DallasNews.com money reporter Natalie Walters explains why crypto companies are flocking to the Lone Star State.